An Ethereum OG sold a total of nearly 65,000 ETH over the past week, cashing out approximately $136 million.

June 8: Per Onchain Lens monitoring, as ZEC bounces back, trader Loracle’s 10x long ZEC position is currently sitting on over $2.8 million in floating profits. That said, their positions in HYPE, NEAR, WLD, TON, ASTER, and XMR remain deep in the red.

June 8 — A New York Supreme Court judge has temporarily halted all proceedings in a lawsuit over 39,069 dormant Bitcoin wallets, putting the case on hold to block a default judgment before a July 14 hearing. Judge Kathy J. King signed the "Order to Show Cause," which was officially added to the public court docket on June 5, per court records. Oral arguments are set for 10:30 a.m. on July 14 in New York’s 6th Judicial District. The order states that pending the hearing, "all further proceedings on the plaintiff’s declaratory judgment request in this matter are stayed, including any application for discovery or default judgment." The judge omitted the phrase "and for a final determination" from the standard template wording, framing the order as a temporary suspension of the case until the July 14 hearing rather than an ongoing stay leading to a final judgment. In a separate ruling issued the same day, King found a prior motion for injunctive relief to be moot, citing a "Revised Compl

June 8 On-Chain Update: According to monitoring by LookOnChain, the whale trader operating under the address “pension-usdt.eth” added 10,000 ETH to its short position 9 hours ago. As of now, the whale holds a total short position of 60,000 ETH with 3x leverage, sitting on $7.7 million in unrealized gains.

June 8 update: According to today's on-chain analyst monitoring, an address linked to BitMEX co-founder Arthur Hayes purchased 33,979 HYPE tokens. Hayes countered the claim, stating, "No buy orders have been placed as of yet."

June 8 — According to Caixin, the High Court of Justice for England and Wales held a procedural hearing on June 5 concerning asset disposal for the Qian Zhimin case. Approximately 16,000 Chinese victims have registered through multiple U.K. law firms to participate in civil recovery proceedings under the U.K.’s Proceeds of Crime Act; the registration window closed on May 22. This number accounts for less than 13% of the total roughly 128,000 victims of the Blue Sky Capital case, and further deduplication is required.

June 8 — According to market data, last Friday, the so-called "White-Haired Stock God" Ning Jing publicly expressed bullishness on harmonic patterns, sparking a 20% surge that triggered a trading halt. The stock extended its upward momentum today, surging over 10% intraday to a new all-time high of 436 RMB.