Leto Bao analyzed that the sharp decline in the storage sector was caused by institutional withdrawal and leverage liquidation, and suggested that investors allocate assets reasonably according to their own situation.

The token's 30-day and 365-day MVRV, a measure of how far holders are underwater, sit near -45% and -47%, lows Santiment says XRP has never reached before. Some traders read stretched losses as a contrarian signal.

On June 29, 2026, Haina International Group filed a lawsuit in the Manhattan Federal Court in New York, accusing hundreds of people of allegedly learning in advance of China's regulatory action on May 22 and profiting over $100 million from the large-scale purchase of put options on Tiger Securities and Futu Holdings. According to Bloomberg, a Manhattan federal court judge has ordered the freezing of relevant accounts and issued subpoenas to securities firms.

This cycle, about $697 billion in new money has generated a roughly 689% gain, compared with earlier cycles where far less capital drove returns of 2,000 percent to more than 50,000 percent.

Jupiter Litterbox Trust increased its holdings of 186546 JUPs worth approximately $45000 yesterday. Jupiter Litterbox Trust has purchased a total of 1226119 JUPs worth approximately $300000 this month. As of now, Jupiter Litterbox Trust has purchased a total of 145028229 JUPs worth approximately $34.8 million. Jupiter Litterbox Trust is the official on chain treasury fund of Jupiter, which automatically transfers 50% of Jupiter protocol revenue and continuously buys and holds JUP tokens in the public market through smart contracts.