F2Pool Co-Founder Wang Chun Increases Holdings by $33.411 million in Value in the Past 15 Hours in ETH and WBTC

June 20 – Nasdaq-listed Bitcoin mining firm Bitdeer shared its latest Bitcoin holdings update on social media platform X. For the week ended June 19, the company mined 218.1 BTC and sold the exact same amount, resulting in a net addition of zero Bitcoin. As of now, Bitdeer holds no BTC reserves.

On June 20, Abrahim Razai, spokesperson for the Iranian Parliament’s National Security and Foreign Policy Committee, recently told reporters in an interview that the Lebanon ceasefire issue is Iran’s "red line" and Tehran will not back down on this matter. Regarding Iran-U.S. relations, Razai stated that Iran does not trust the United States and has no intention of normalizing ties with Washington. He emphasized that Iran and the U.S. are currently in a state of hostility, and that his country is preparing for the possibility of another war. "We do not believe what the Americans say but act based on our own considerations," he was quoted as saying. Razai also noted that Iran is exploring negotiation and diplomatic options, and will continue talks with the United States. (Source: CCTV International News)

June 20th: Tom Lee, chairman of BitMine—Ethereum’s largest treasury—addressed a statement from former Ethereum Foundation contributor Trent Van Epps that the Ethereum core development ecosystem could face a funding crisis in the next 3 to 9 months. Lee stated, “In my opinion, the probability of ETH experiencing this ‘crisis’ is zero. Funding is already in place.” As previously reported, Van Epps wrote that the Ethereum Foundation’s ongoing “Subtraction” governance strategy has gradually shrunk its treasury, paired with the April expiration of the 4-year Client Incentive Program (CIP), leading to concerns of a brewing funding gap for core Ethereum development over the next 3 to 9 months.

June 20 – Market analysts project gold will hold in its current trading range next week, as investors wait for the U.S. Core Personal Consumption Expenditures (Core PCE) Price Index to gauge clues about the Federal Reserve’s interest rate path. Stephen Innes, Managing Partner at SPI Asset Management, said: “With the Fed leaning heavily on incoming data and growingly attuned to upcoming inflation prints, every major economic release will carry weight—but the Core PCE is the make-or-break event for gold and rate markets, and next week will hinge entirely on this data point.” Innes also noted that a hotter-than-expected inflation reading would lift the U.S. dollar, push Treasury yields higher, and raise the risk of gold testing the $4,000 per ounce level. He advised gold investors to brace for elevated volatility and watch out for potential deeper sell-offs. (FXStreet)

June 20: CryptoQuant founder Ki Young Ju posted on social media, noting that the "Bitcoin-to-altcoin asset rotation" trend—an engine that powered the previous altcoin season—has mostly vanished. Since 2021, trading volume for altcoins paired with Bitcoin has dropped sharply. Ju believes the era when "altcoins rally alongside Bitcoin’s upward momentum" may have come to an end.

June 20th: On-chain analytics firm ChainInfo reported that since the start of this month—when Ethereum (ETH) dropped below $1,700—an address linked to Wang Chun, co-founder of crypto mining pool F2Pool (who operates online under the handle @satofishi), has withdrawn roughly 54,500 ETH from Binance over about two weeks, worth approximately $93.25 million. Shortly after the withdrawal, the same address staked around 37,400 ETH, valued at an estimated $63.88 million.