[CryptoQuant CEO: The meme coin market is dead, market share drops below 0.04] CryptoQuant CEO Ki Young Ju cited data indicating that meme coins reached a historical peak of over 0.1 in altcoin market share at the beginning of 2025, but have now fallen below 0.04. Ki Young Ju thus concluded that 'the meme coin market is dead.'

[A Certain Loop Long WBTC Whale Sells 150 WBTC and Repays Loan] The whale address 0x931…3c721, which has been looping long on WBTC, sold 150 WBTC (worth $13.84 million) at an average price of $92,276 over the past 3 hours and repaid its Aave loan, incurring a loss of $75,000 on this portion. Since April 2025, this address has been going long by purchasing 340.2 WBTC at $92,777.36 each (worth $31.56 million). Currently, 225.07 WBTC remain collateralized on Aave, with $8.74 million borrowed and a health factor of 1.85.

[US SEC Chairman: DTC Participants Can Directly Transfer Tokenized Securities to Registered Wallets] Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated in an article that the SEC has issued a no-action letter to the Depository Trust & Clearing Corporation (DTC). DTC participants can now directly transfer tokenized securities into registered wallets of other participants, and these transactions will be officially recorded and tracked by the DTC. Atkins pointed out that the U.S. financial market is on the verge of transitioning to on-chain operations, which will bring greater predictability, transparency, and efficiency to the market.

[France Advances Amendment No. 1649AC Requiring Citizens to Declare the Exact Market Value of Self-Custodied Crypto Assets] France has advanced Amendment No. 1649AC, requiring citizens to declare the exact market value of their self-custodied cryptocurrencies, even if no taxable transactions have occurred. Critics warn that this measure constitutes an improper invasion of privacy and could create a dangerous 'data honeypot' containing names, addresses, and precise crypto asset balances.

[A Whale Borrows 1 Million USDC Again to Purchase 5,211 AAVE] Whale address 0xE9D0 has once again activated a recursive lending strategy, borrowing 1 million USDC to purchase 5,211 AAVE. This address currently holds 338,544 AAVE (valued at $69.08 million) on Aave, while carrying $30.8 million in USDC debt.