Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
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Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest since late 2024.
SIREN controllers sold 360 million SIREN in one and a half days for approximately 48.7 million USDT, causing the SIREN price to drop to $0.06, a 95% drop from its high of $1.3 a week ago. At present, on chain addresses still hold about 319 million SIREN, accounting for 44% of the total. (Ashes)
JSeyff stated that Solana and XRP performed better than expected due to ETF investors being more conservative in their position allocation compared to crypto native investors. (CoinDesk)
According to security agency CertiK monitoring, a suspicious transaction occurred in the Aztec Router contract on Ethereum, with approximately $2.19 million in assets being transferred out.
Analyst Darkfost stated that long-term Bitcoin holders still have the ability to create sudden selling pressure due to higher than normal inflows into short-term trading platforms. The average annual inflow of trading platforms for long-term holders is showing a downward trend, and has recently rebounded from around 630 per day in early May to over 800 per day, still at the lowest level since records began in 2015. The market influence of long-term holders in the medium to long term dimension has weakened.
[Whale Address Closes 23,200 ETH Short Position, Profits $184,000]
According to on-chain analyst Ai Yi's monitoring, whale address 0xa2e…f1468 closed a 23,200 ETH short position worth approximately $39.03 million, achieving a profit of about $184,000.