Justin Sun withdrew 12,000 ETH from Poloniex

June 10th. A report from SemiAnalysis last night sent shockwaves through global markets. U.S. AI stocks plummeted fresh off last Friday’s sell-off, while Japanese and Korean equities extended their declines today. As of press time, SK Hynix (South Korea) logged an intraday drop of up to 9%, and SoftBank Group fell by 10%. The SemiAnalysis report notes NVIDIA’s large-scale production of 800V DC and CPO may be delayed to around 2028–2029, while 400V DC remains on track for 2026. Some Near Package Optics (NPO) projects could accelerate as a result. This puts companies including LITE, COHR, AAO, and HIMX at “near-term cash-out risk,” the report says, with a bearish outlook on their future performance. At the same time, it flags investment opportunities in CPO alternative products. BlockBeats has compiled a report covering long, short, and long-extension target pools based on this analysis.

**June 10 Update: Polymarket Bets on Lyman Occupation + Frontline Progress** On June 10, two savvy investors placed wagers on Polymarket’s prediction market question: *“Will Russia occupy Lyman by December 31, 2026?”* Address **0xc9328e28** put down $23,100 on the “No” side, with an average buy probability of 40.7%. As of now, the market’s implied probability of “Yes” stands at 50.5%. This same investor also wagered $18,100 on related Russia occupation outcomes, netting an $8,600 profit across 7 settled trades — holding a perfect 100% win rate. Four of these trades bought positions below $0.8 and sold above $0.95. Second investor **0x7402928f** staked $5,000 on the same related occupation bet, earning a $9,300 net profit from 6 settled trades (83% success rate). Like the first trader, 4 of their trades bought positions under $0.8 and sold over $0.95. ### Frontline Developments On June 6, Ukraine’s General Staff reported 223 total frontline clashes, with Ukrainian forces

June 10 – Per Hyperinsight’s monitoring (Telegram: @HyperInsight), three crypto "whales" opened million-dollar short positions on Hyperliquid on the eve of the U.S. CPI, totaling $100.8 million in notional value. The most recent of these positions was opened 1 hour ago: a short on XYZ100 consisting of 116 contracts with 30x leverage, valued at approximately $3.35 million. Its average entry price is $28,875, with a liquidation price set at $29,722. Wallet Address: 0x4d3980ac9d84fc34adcd025ee2337786846343c4

On June 10, Thai police busted a fraud ring in Saraphi District, Chiang Mai Province, per the Bangkok Post. They arrested 10 Chinese nationals and seized 67 mobile phones, 7 iPads, and 13 laptops. The gang posed as insurance and courier company employees to trick victims—mostly based in China—into installing software to access their personal data. They then carried out financial fraud and received payments through cryptocurrency transactions. Investigations also found some suspects entered Thailand on tourist visas and paid roughly 80,000 Thai baht in monthly rent for the property used to run the scam.

Nasdaq-listed Bitcoin mining firm BitFuFu released its unaudited May 2026 operational report on June 10. According to the report, the company’s total Bitcoin mining output in May reached 177 coins, a 22.1% month-over-month rise. Of that figure, cloud mining contributed 87 coins, while self-mining added 90 coins—marking the first time self-mining has accounted for over 50% of BitFuFu’s monthly total output. Operationally, BitFuFu oversaw a total hash rate of 19.5 exahashes per second (EH/s) during May: 3.2 EH/s from its own self-mining operations, and 16.3 EH/s sourced from third-party suppliers and hosting clients. As of May 31, BitFuFu held 1,855 BTC, a 43-coin increase from the end of April. The company noted that with Bitcoin’s current price entering a consolidation phase, it has proactively adjusted its hash rate allocation to direct more resources toward self-mining, in order to continue building its Bitcoin reserves.

June 10: South Korea’s KOSPI index triggered another circuit breaker, led by declines in Samsung and Hynix, slumping 6%. The AI stock correction remains ongoing. Likely in response to this, the U.S. chip sector extended its downturn on contract targets traded via the trade.xyz platform. As of press time, MRVL stood at $256.45, with a 24-hour drop of 13.88%; LITE was priced at $806.67, posting an 11.54% 24-hour decline. Separately, on Binance, AAOI traded at $164.31, marking an 18.69% 24-hour fall.