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08:24
Svmuu reports that on-chain analyst PlanB posted on Platform X, stating that despite not wanting to downplay Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. The current ETH/BTC ratio remains around 0.026, a level similar to March 2016. Ethereum did not experience a significant surge during the 2023/2024 crypto bull market, a pattern also seen in 2017 and 2021. Even now, Ethereum still lacks upward momentum relative to Bitcoin.
08:13
According to Onchain Lens monitoring, a whale deposited 34.74 million USDT into Aave V3, borrowed 9,000 ETH worth $14.7 million, and deposited it into Binance, apparently to short ETH.
07:54
According to monitoring by Specter, 13 wallets belonging to a rETH holder were attacked on June 5, resulting in cumulative losses of approximately $4.5 million in assets. However, the victim detected the issue in time before the attacker could further transfer funds and successfully moved about $4.7 million in remaining assets. It is reported that these wallets had been inactive for years. The attacker has now begun laundering the stolen funds.
07:47
Svmuu reported that tokenized US chip stocks in the semiconductor sector are broadly rising.
DRAM is currently at 58.22 USDT, up 7.08% in 24 hours;
MU is currently at 896.52 USDT, up 3.69% in 24 hours;
SKYNIX is currently at 1295.25 USDT, up 6.94% in 24 hours.
On the news front, NVIDIA CEO Jensen Huang stated that the memory shortage will persist for years, and he and SK Group Chairman Chey Tae-won will announce a cooperation plan on Monday.
07:38
SvmuuNews Tether CEO Paolo Ardoino posted a "Dragon Ball" comic image on X platform, featuring the protagonist Son Goku and numerous supporting characters holding up a Genki Dama labeled "BTC," alongside the caption "One Community," calling for unity within the crypto community during the bear market.
07:32
Svmuu reported that "New Stock God" Serenity posted on X platform, reminding investors to pay attention to financing structures and the dynamics of outstanding shares, as these are crucial for investment returns, and provided examples:
IREN: The financing method approaches infinite dilution, with each rebound met by selling pressure—essentially a "bad stock."
NBIS: Up 153% year-to-date, thanks to an optimized financing structure (such as direct offerings, convertible bond combinations, etc.).
CRWV: High debt interest; the company uses usurious loans for GPU financing, which erodes free cash flow over the long term.
Serenity pointed out that if a company has strong fundamentals, one could consider going long after the original shareholding has been diluted to near zero. However, for equity value appreciation, one should stay away from companies with "toxic" financing structures or crushing debt. The risk is especially high for small-cap companies, such as $SLNH adding a $500 million ATM while its market cap is only $250 million; $BKKT continuously diluting stock for executive compensation. Essentially, these companies are transferring investor funds to the enterprise, masked by media hype or influencer promotion.
Serenity emphasized that investors must carefully analyze equity structure, dilution risk, and hidden costs when screening targets, to avoid focusing solely on profits while seeing their actual equity shrink.
07:30
1. Iran announces draft of "Regulations on Environmental Service Fees for the Strait of Hormuz";
2. Bitcoin is just one step away from the German government’s average selling price, with $57,900 potentially becoming a key level;
3. Glassnode co-founder: Bitcoin's bottoming range has emerged, with a high-probability bottom between $46,000 and $54,000;
4. Bitcoin's Relative Strength Index hits its lowest level since the 2020 bear market, increasing the likelihood of a drop to $50,000;
5. DCG founder (parent company of Grayscale): Instead of mocking ZEC’s price correction, it's better to prepare for AI and quantum risks;
6. Up 20x in two months, "1011 insider whale" proxy Garrett Jin may be manipulating Binance Life;
7. Binance Life continues to hit new all-time highs, with a market cap surpassing $860 million;
8. Analysts: Coinbase's stock price will face a support test, with $141 potentially being a key watershed level;
9. Iran plans to charge oil tankers in the Strait of Hormuz a transit fee of $150,000–$2 million, partially payable in barter;
10. The Coinbase Bitcoin premium index has been negative for 20 consecutive days, currently at -0.0467%.
07:22
According to GMGN data, SIREN has broken through $1.15 and is currently trading at $1.1523, with a 24-hour increase of over 40%.
Svmuu reminds users that the token's price is highly volatile, and investors should be aware of the risks.
07:05
Svmuu reports that Nvidia CEO Jensen Huang stated that the memory shortage will last for several years and that he will meet with Samsung's Vice Chairman tomorrow. (Jin10)
06:57
Svmuu reports that Vietnam's securities regulator stated the country's digital finance development is entering a critical phase. In the near future, plans may be announced to launch a pilot program for a crypto asset trading market, aiming to promote the standardized development of the digital asset industry. Currently, Vietnam ranks seventh globally in cryptocurrency user adoption and fifth in transaction growth rate. (CoinDesk)
06:50
Svmuureported that the Coinbase Bitcoin Premium Index has been in a negative premium range for 20 consecutive days, with the latest reading at -0.0467%. This index measures the deviation of Coinbase (a major US-compliant platform) BTC price relative to the global average price. A sustained negative value indicates heavier sell-side pressure in the US market, declining risk appetite, capital outflows, or heightened risk aversion. Historical data shows that prolonged negative premiums often accompany the withdrawal of US institutional capital, warranting caution against short-term correction pressures.
06:27
According to a recent report by Lloyd's List, some vessels passing through the Strait of Hormuz are required to pay over $100,000 per ship for passage permits from Iran, with the fees having significantly decreased compared to the early stages of the conflict. The report, citing information from shipping security operators, stated that the current single-passage fee for bulk carriers can reach up to $120,000, and up to $160,000 for oil tankers. The specific rate varies depending on factors such as vessel type, cargo, and the nationality of the shipowner, representing a significant drop from the $1 million to $2 million per vessel charged during the early stage of the conflict. (Xinhua)
06:14
Svmuu reported that according to Iranian media Fars News: Each tanker passing through the Strait of Hormuz will be charged a fee ranging from $150,000 to $2 million. Some vessel fees may be paid not in cash, but in goods or through barter arrangements. (Jinshi)
05:51
Svmuu reports that analyst Ali noted on X platform that Coinbase stock will face a key technical test next week. If the stock can hold the critical support level of $141, it could potentially rebound to around $185; however, if it breaks below this level, it may further decline to the $74 area. His analysis indicates that $141 has become an important inflection point for Coinbase’s current price action, with investors closely monitoring market performance around this level.
05:36
Svmuu reported that according to on-chain analyst EmberCN's monitoring, 15 minutes ago, a whale on-chain borrowed 30 million USDS from Spark via recursive lending, and then used it to buy 18,212 ETH at an average price of $1,647.
05:35
Svmuu reports, according to GMGN data, Binance Life's market cap has surpassed $860 million, currently reported at $860 million, with a daily increase of over 26%, continuing to hit a new all-time high.
Svmuu reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.
05:31
Svmuu News: Iranian Vice President and Head of the Department of Environment, Shina Ansari, stated that Iran has initiated the drafting of the "Regulations on Environmental Service Charges in the Strait of Hormuz," with the preliminary draft completed recently. However, the charging standards and specific collection mechanisms have not yet been finalized. (CCTV News)
05:25
SvmuuNews According to on-chain analyst EmberCN, BNBChain Life, which has surged 20x in two months, may be controlled by Garrett Jin – the whale entity that converted tens of thousands of BTC into over 900,000 ETH last year and suffered a $230 million loss from a long position liquidation on Hyperliquid this February.
1. From February to recent days, an address cluster has accumulated 284 million BNBChain Life tokens ($237 million) through Binance withdrawals and on-chain purchases. This represents 28.4% of the total BNBChain Life supply.
Including holdings on CEX, they likely control a significant proportion of BNBChain Life. The token has also surged 20x during these months ($0.04 → $0.85).
2. Intersection with the Garrett Jin whale entity: Shared deposit addresses.
- Multiple addresses that withdrew large amounts of BNBChain Life from Binance shared a Binance deposit address with the Garrett Jin whale entity six months ago. Addresses that have been heavily buying BNBChain Life on-chain in the past five days shared a Bybit deposit address with the Garrett Jin whale entity.
Therefore, BNBChain Life is highly likely being manipulated by the Garrett Jin whale entity.
◎The Garrett Jin whale entity is the prominent entity that held 100,000 BTC last year, managed by Garrett Jin.
◎Last year, via Hyperliquid, it swapped tens of thousands of BTC for over 900,000 ETH at prices above $3,500.
◎This February, the entity opened a long position of over 200,000 ETH on Hyperliquid, ultimately resulting in a $230 million liquidation loss.
◎In May, when ETH was around $2,350, they transferred 577,000 ETH ($1.351 billion) into Binance, after which ETH continued to decline.
05:15
Barry Silbert, Founder and CEO of DCG, the parent company of Grayscale, stated on platform X that while some in the crypto community may continue to mock Zcash (ZEC) prices dropping back to levels seen six weeks ago, they could instead choose to learn from the experience and dedicate more effort to preparing for the risks posed by AI and quantum computing in the future. Barry Silbert believes that rather than focusing on short-term price volatility, crypto projects should proactively improve their technical architecture in advance to address potential security challenges arising from AI and quantum computing.
05:00
According to a post by CLLCT founder Darren Rovell on platform X, the "Bored Ape" Bored Ape Yacht Club (BAYC) #8554 was sold for just $13,046 yesterday. This NFT previously sold for $147,953 on November 5, 2021, representing a price decline of over 90%. Analysts suggest this transaction reflects significant value fluctuations among certain high-end NFTs during a market adjustment period.

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