A whale withdrew 7933 AAVE from Binance 8 hours ago, equivalent to $2.01 million

On July 4th, Eclipse made an official announcement on social media stating that its ES airdrop query is now available. Additionally, After School Club posted on social media that ASC holders will directly receive the ES airdrop on the day of the Eclipse TGE. There is no snapshot and no minting involved. If a user holds ASC, they will directly receive ES in their wallet.

On July 4th, based on the monitoring of on-chain data analyst Yu Jin, a whale/institution that had accumulated 1,495 WBTC through a collateralized loan (or looped borrowing) from July to November 2024 has recently begun to take profits by selling WBTC. Currently, the overall profit on WBTC is as high as $49.75 million: realizing a profit of $19.17 million from the sold portion and an unrealized gain of $30.58 million from the unsold portion. By using a collateralized loan at an average price of $69,162 in the second half of last year, the whale/institution acquired 1,495 WBTC. Then, it started to transfer WBTC to Binance in batches starting from March this year to sell and repay in USDC. So far, 723 WBTC has been sold to exchange for $69.17 million USDC and repay the loan. The selling price averaged $95,678, and it still holds 753.8 WBTC (approximately $82.6 million).

On Thursday, U.S. stocks closed early on July 4th. The Dow increased by 0.7%, the S&P 500 went up by 0.8%, and the Nasdaq rose by more than 1% (with the Nasdaq and the S&P 500 hitting new closing highs once again). Cryptocurrency stocks showed a mixed trend. Some previously soaring stocks experienced pullbacks, including: Coinbase (COIN) with a 0.38% increase; MicroStrategy (MSTR) up by 0.43%; Mogo Inc (MOGO) down by 14.40%; Bit Digital (BTBT) with a 11.79% increase; Thumzup Media Corporation (TZUP) up by 14.57%; Bitmine Immersion (BMNR) up by 130.77%; Semler Scientific (SMLE) up by 4.17%; SharpLink Gaming (SBET) up by 5.72%; Eyenovia (EYEN) down by 9.23%.

On July 4th, based on Coinglass data, the top net inflows of funds in the past 24 hours for cryptocurrencies are as follows: The net inflow of USDC is $128 million; The net inflow of BTC is $105 million; The net inflow of ETH is $55.99 million; The net inflow of SUI is $11.91 million; The net inflow of LTC is $6.34 million. The top net outflows of funds for cryptocurrencies are as follows: The net outflow of USDT is $80.18 million; The net outflow of H is $12.62 million; The net outflow of SOL is $9.81 million; The net outflow of NEWT is $7.62 million; The net outflow of PEPE is $7.11 million.

On July 4th, based on alternative data, today's Crypto Fear and Greed Index stands at 73 (with last week's average being 65), suggesting an enhanced "greed" sentiment in the market. Note: The threshold for the Fear Index ranges from 0 to 100 and incorporates the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Activity (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).

On July 4th, according to Bloomberg, despite a continuous stream of good news, the price of Bitcoin has been unable to break out of the current trading range for several months. Beneath the surface, while long-term dormant whales are reducing their positions, institutional investors are accelerating their purchases. This transformation is gradually changing Bitcoin's narrative from a high-risk speculative asset to a long-term allocation asset. According to 10x Research data, over the past year, large holders have sold more than 500,000 bitcoins (valued at more than $50 billion at current prices), which is nearly equivalent to the net inflows since the approval of the U.S. Bitcoin ETF, and is not far from the cumulative scale of $65 billion over the past five years by the cryptocurrency holding pioneer Michael Saylor and his company (now named Strategy). Many sellers can be traced back to the early days of Bitcoin when prices were much lower than the current levels. Some whales are not