
Huge week for Macro, BNB leads L1s, $6.4B of Crypto Outflows
BNB leads major L1s as metrics improve. $6.4bn outflows from crypto over 5 weeks. BTC narrow channel points to large move either side. BTC ‘super trend’ still green above $74.5k. Josh Mandell BTC predictions continue to hit. $400m whale short in profit after liquidation hunt fails. Whale short renames his account ‘Tether FUD’. N. Korea now has $1.4bn of BTC after swaps. OKX suspends DEX services after Bybit hack. SOL futures set to go live on CME today. SOL DEX volumes hit YTD low, BNB flips SOL. TON jumps 20% as Durov returns to UAE. US is going to be the global crypto hub: Bessent. Crypto now a competition for us: Goldman Sachs. S. Korea central bank rules out BTC reserve. ETH shorts continue to hit record levels. Base paid $300k to ETH last month ‘not $11k’. ETH & ZKSync have 80% RWA market share. Aave DAO votes for no new RWA token.
Read more