FTX’s asset liquidation team transferred 27,372 ETH to Wintermute, likely for consignment sale.

A source familiar with the discussions said Tuesday that U.S. Treasury Secretary Bessent may serve as U.S. President Donald Trump’s "AI Tsar". Meanwhile, Washington lawmakers are growing increasingly concerned about the risks posed by artificial intelligence (AI) technology. Trump has repeatedly downplayed concerns about AI in the past, arguing there is no need for additional regulatory measures. The U.S. Treasury Department did not immediately respond to requests for comment on Bessent’s potential new role. Another source noted that no decisions have been made yet. Trump said Saturday that he plans to appoint a new "AI Tsar" and form an "AI task force", but did not disclose further details.

According to YuEmber Monitoring, a whale or institutional entity accumulated 37,000 ETH via Galaxy Digital two months ago at an average price of $1,923. Today, it added another 15,000 ETH at an average price of $2,751, worth approximately $41.26 million. Its current total holdings of 52,000 ETH (valued at roughly $143 million) have an average cost basis of $2,161, generating an unrealized profit of $31.1 million.

According to Yu Jing Monitoring, the asset liquidation team of FTX/Alameda Research took advantage of the recent crypto market rebound to transfer 27,372 ETH (worth approximately $75.32 million) to Wintermute via six wallets three hours ago, likely for consigned sale.

According to Coinglass data, ZEC has broken through $1,600, notching a new recent all-time high. In the past four hours, total liquidations across the network reached $13.4047 million, ranking first, with short-position liquidations accounting for $12.9 million.

According to monitoring by Onchain Lens, the DEED token on Robinhood Chain is suspected of a rug pull. The token’s issuance is highly concentrated: at its peak, 110 associated wallets controlled approximately 86% of the total supply and have collectively withdrawn around $700,000 in funds. The project’s wallet also claimed 68.5 ETH (valued at about $188,900) in creator fees. DEED’s market capitalization has plummeted from a peak of $4.23 million to roughly $55,000, a decline of 98.7%.

CryptoQuant founder Ki Young Ju stated in a post that he expects Bitcoin’s current bull run to surge 3 to 5 times, rather than another parabolic rally of over 10x, followed by a more moderate bear market. As Bitcoin’s market capitalization expands and institutional holdings rise, the extreme rallies once dominated by retail investors and hot money, along with 80%+ crashes, are being suppressed. Factors limiting upside are also mitigating downside risks. The PNL index shows that the extremes of Bitcoin’s cycle tops and bottoms are decreasing, while overall position profitability during bottom formation continues to rise. In this cycle, the MVRV ratio never fell below 1; even at market lows, Bitcoin’s price remained above holders’ average on-chain cost basis. Moreover, realized market capitalization keeps climbing, signaling new capital inflows. Early whales have ceased selling, and futures market whales have built substantial long positions near the bottom. The 365-day moving average of the PNL index is also forming a clear inflection point. This does not mean Bitcoin has an upside cap, but rather that the market’s risk-reward structure is evolving. Giving up a 10x+ parabolic rally also means avoiding an 80% extreme drop—this lower volatility could attract more long-term-focused capital instead of short-term hot money. He added that Bitcoin’s development path may gradually approach Satoshi Nakamoto’s vision: becoming a stable enough asset to truly function as a currency. As Bitcoin matures further, internet-native capital could reshape the global economy in ways exceeding expectations.