The ETH Short Whale Sells Another 7,000 ETH, Totaling 35,000 ETH Borrowed and Transferred to Binance

The #Trump team transferred out another 10.84M $TRUMP($16.91M) 1 hour ago, likely to be deposited into BitGo and then sent to exchanges. Over the past 5 months, the #Trump team has transferred out 48.25M $TRUMP ($172.4M) in 3 batches. After each transfer, the price of $TRUMP kept falling, dropping more than 66% over that period.

US President Donald Trump stated that the situation in Iran is "progressing very smoothly" and urged the public not to believe "fake news". Trump added that while relevant actions have taken place recently, Iran has "very few" remaining drones, and though the Iranian side occasionally carries out operations, its overall capabilities have been significantly weakened. Regarding US-Iran negotiations, Trump said Iran is still in contact with the US, but he believes the Iranian side is not yet prepared to strike a deal.

According to EmberCN’s monitoring, the TRUMP team’s token address unlocked and transferred out 10.837 million TRUMP tokens 45 minutes ago, with a current value of approximately $16.91 million. Data shows the transferred tokens come from addresses associated with the TRUMP team. Based on the two previous unlock and transfer events, these tokens may subsequently be transferred to BitGo and further flow to centralized exchanges including OKX.

According to EmberCN’s monitoring, the Worldcoin Foundation sold 217 million WLD tokens to institutions including Pantera Capital roughly 8 hours ago, securing approximately $52.5 million in funding. The Worldcoin Foundation had not previously disclosed the specific sale price, but following the announcement, the team wallet transferred around 217.4 million WLD tokens to multiple addresses. Calculated based on the token volume and financing amount, the sale price came to roughly $0.24 per token, a roughly 36% discount to WLD’s current market price. The sold WLD tokens are subject to a 1-year lock-up period, with institutional investors gaining trading eligibility once the lock-up period expires.

International market service provider Kepler announced on social media on the 24th that shipping traffic at two key Middle Eastern maritime chokepoints diverged on the 23rd: traffic through the Strait of Hormuz dropped sharply, while that through the Bab el-Mandeb Strait (connecting the Red Sea and Gulf of Aden) rebounded. Kepler’s data shows that 6 vessels transited the Strait of Hormuz on the 23rd, a 60% decrease from the prior day. All but one of these vessels used the route designated by Iran. Meanwhile, 49 vessels transited the Bab el-Mandeb Strait that day, higher than earlier levels. Among them were 4 vessels that conducted "dark voyages" by disabling their Automatic Identification Systems (AIS). Kepler added that some vessels that had turned back earlier due to security risks in the Gulf of Aden and Red Sea have resumed sailing and completed transits, though some remain anchored after turning back, holding off to wait and see. Currently, international shipping firms are continuously assessing the regional security situation, with overall shipping activities marked by "cautious but selective recovery".

Tensions in the Middle East remain high. U.S. Central Command said it has completed the 13th consecutive night of strikes targeting Iran; Iran claimed it attacked U.S.-linked bases in Jordan, Bahrain, and Kuwait, and stated it destroyed a Patriot air defense system. The Islamic Revolutionary Guard Corps (IRGC) noted its naval base was struck by U.S. forces, and also announced attacks on the U.S. Al-Adairi Base in Kuwait. Jordan reported intercepting 7 missiles and 6 drones launched by Iran. Iran further accused U.S. forces of mistakenly hitting a merchant vessel, killing two crew members. On the U.S.-Iran negotiations front, The New York Times said Iran rejected a ceasefire proposal put forward by Trump, though U.S. officials denied this claim. Iranian Foreign Minister Abbas Araghchi stated he has discussed mediation initiatives and proposals with Pakistan, adding the core issue between the two sides lies with the U.S. itself, not a lack of mediators. Trump, meanwhile, said he has not yet decided whether to launch major strikes on Iran, and believes Iran is approaching negotiations more seriously. Regarding the Strait of Hormuz, IRNA reported an Omani diplomatic delegation has traveled to Tehran to discuss relevant mechanisms; the U.S. and U.K. are reportedly planning a meeting on the strait’s security to push for forming a Hormuz Strait escort coalition. Additionally, Trump is reportedly frustrated that the Iran conflict has dragged on too long. The U.S. Treasury Department announced a new round of sanctions on Iran; U.S. media said U.S. intelligence agencies assess Iran’s new leadership may harbor stronger nuclear ambitions. Israeli Prime Minister Benjamin Netanyahu is expected to visit Washington next week to meet with Trump.