A certain whale sold 2.69 million ONDO tokens, held for two and a half months, worth approximately $2.13 million.

On June 17th, crypto analyst Willy Woo tweeted, "The risk model employed to assess the decline in Bitcoin liquidity suggests that Bitcoin has entered the latter stage of the bull market. Nevertheless, there remains room for price appreciation. It is anticipated that once the global macro market undergoes a shift, Bitcoin will enter a bear market."

On June 17th, according to official data, Binance Alpha has initiated BOMB.

On June 17th, based on Coinglass data, if Bitcoin drops below $105,000, the cumulative intensity of long liquidation on major CEXs will reach $1.27 billion. Conversely, if Bitcoin rises above $108,000, the cumulative intensity of short liquidation on major CEXs will reach $538 million. BlockBeats Note: The liquidation chart does not represent the exact number of contracts awaiting liquidation or the precise value of liquidated contracts. The bars on the chart actually depict the relative significance of each liquidation cluster in relation to neighboring clusters, that is, their intensity.

On June 17th, Trump recently issued statements claiming that the EU has not yet provided a fair deal. While there is a possibility of reaching an agreement with Japan, their stance remains "tough." He also pointed out that pharmaceutical tariffs are about to be imposed. Analysts have stated that Trump's remarks mainly focus on tariff issues. However, one analyst believes that tariffs are no longer as crucial. If necessary, the (tariff suspension) deadline in July could be extended, and the market has already factored in an average tariff rate of 10%. Moreover, businesses are still considering tariff rates within the range of 10 - 20%. Positive expectations for global economic growth now depend on Trump's "beautiful big deal" and rate cuts. Negative developments in these areas could lead to a reevaluation of expectations and have a negative impact on risk sentiment. (Jin10)

BlockBeats reported that on June 17th, Haseeb Qureshi, the managing partner of Dragonfly Capital, stated on social media, "In each cycle, entrepreneurs chase 'hot money.' In the previous cycle, this meant issuing tokens. At that time, the crypto capital markets were extremely vibrant. In this cycle, it is about bringing tokens to the equity market, similar to a 'financial company' model. However, hot money never stays for a long time, and financial companies will not become the ultimate mainstream. I guess this model will probably last another 1-2 years until the hype subsides."

According to BlockBeats on June 17th, the South Korean actress Hwang Jung-eum (in transliteration) has been indicted. She is suspected of embezzling approximately 4.2 billion KRW (approximately 3.07 million USD) of company funds to invest in virtual currencies. On June 17th, her management agency, Y1 Entertainment, stated that Hwang Jung-eum had repaid the full amount in two installments on May 30th and June 5th. Previously, around 2022, Hwang Jung-eum withdrew a total of 4.34 billion KRW from Hunminjeongeum Entertainment. Most of these funds were used for cryptocurrency investments. The case involves violations of the "Act on the Aggravated Punishment of Specific Economic Crimes" related to embezzlement of funds and is currently in the process of judicial proceedings. (Yonhap News)