Tether Freezes 72.03 Million USDT in One Address

June 12 – According to LookOnChain, an on-chain analytics platform, a single whale address has been continuously accumulating ETH over the past three days, spending a total of $17.94 million USDC to acquire 10,800 ETH, at an average price of approximately $1,661 per ETH.

June 12 — Per Hyperinsight’s monitoring data, a whale on the Hyperliquid platform opened a new 3x leveraged short position for SPCX over the past two hours, totaling $3.52 million. This is the largest single position opened on the platform so far today. The position has an entry price of $177.7 (corresponding to a ~$2.32 trillion market cap) and is currently generating slight unrealized profit; its liquidation price is set at $222 (≈$2.9 trillion market cap). According to reports, SPCX will enter its Nasdaq display period at 9:30 PM Beijing time today. Once price volatility stabilizes, the first official order matching will take place — Hyperliquid’s SPCX contract price is expected to reference this benchmark price post-matching. SpaceX’s IPO was priced at $135 per share, and current on-chain valuations sit at a ~29.6% premium to that IPO level. The whale’s short position at this premium suggests it expects post-display period trading to converge toward the IPO price, pushing SPCX’s

June 12: MicroStrategy founder Michael Saylor posted on social media, stating, “I haven’t sold a single satoshi of my bitcoin holdings, and MicroStrategy is still sticking to its hodl strategy.” For context: A satoshi is bitcoin’s smallest unit, with 1 BTC equal to 100 million satoshis. In a report released today, Saylor clarified that his earlier statement only referred to his own personal bitcoin and never meant the company couldn’t sell its bitcoin holdings.

On June 12, Bitget market data indicates that several closed-end funds holding SpaceX surged during pre-market trading. Fundrise Innovation rose 10% and Destiny Tech100 gained 6%.

On June 12, according to monitoring from LookOnChain, a new crypto wallet deposited $4.5 million worth of USDC into Hyperliquid and opened a short position on SPCX, with entry prices ranging from $185.45 to $270. This move is suspected to be a bet on a pump-and-dump event following SPCX’s upcoming listing.

June 12 – Per official statements, Metaplanet announced it has reached an agreement to acquire 100% of the shares of Japan’s licensed first-tier securities firm Siiibo Securities. Siiibo Securities is a pioneer in Japan’s online corporate bond market. The transaction is set to close in July, at which point the firm will be rebranded Metaplanet Securities. This marks Metaplanet’s first major acquisition since its founding, and it is the first key step advancing its long-term Project Nova strategy. The initiative aims to build a financial ecosystem in Japan centered on Bitcoin.