余烬Ember

Bosses, the Binance Web3 wallet brushing Alpha hasn't linked the invitation code yet, you can use my invitation code to link it. Existing old accounts can also fill it in. It can reduce the trading fee by 10%, and over time, it can save a lot if you brush it every day.

How to link: In the Binance App wallet homepage, click "Invite" → click to enter the invitation code → copy the invitation code "EMBER" and paste it, then click confirm to be OK.

The early + diamond-handed whale who turned Binance Life into 5,000x—today continued taking profit: 7 million Binance Life coins ($4.95 million). He transferred 6.9 million coins ($4.88 million) to Binance, and sold 100,000 coins ($70,000) on-chain, converting them into BNB.

◎ After the Binance Life deployment went live last October, within half an hour he spent 2.14 BNB ($2,480) to buy 18.5 million Binance Life coins and obtained what he has received recently.
◎ Starting in June, he began taking profit; he has already sold 10.5 million coins ($7.33 million), with 8 million coins ($5.71 million) remaining on-chain. $2,480 turned into $13 million+.

Address: 0xd0a20458D96A1aB3F1F43e7270185546aa760dBf

It really got copied all the way—SKHX rebounded from $1,300 to $1,500.
He entered a long position at an average price of $1,411 for SKHX with a value of $30 million. It’s currently up by $2.08 million.

And he should be betting that SKHX can return to the $1,900 peak. He placed limit sell orders for the long position he opened last night at $1,880–$1,900. If he gets his way and it does return to a new high again, he’ll make a profit of $10 million.

😲 Whales are starting to open large long positions on SK Hynix after the U.S. stock market opens at 9:30 tonight.

Currently, he has become the largest SKHX long on Hyperliquid and is still adding to his position. He currently holds SKHX worth $27.75 million, with an average long entry price of $1,410.8.

Address: 0x9dCF1c87b82a35519a430457c1157F21e68f302D

Quite exaggerated—now the Hyperliquid team’s daily HYPE staking interest income is already $1 million 😢

◎ The HYPE allocation the team receives is 238 million tokens. All of these HYPE are currently fully staked.
◎ These HYPE are now generating 14.4 thousand HYPE in staking interest per day, worth $1 million.
◎ In the year and a half since HYPE launched, they’ve cumulatively received 8.08 million HYPE in staking interest. At current prices, that’s worth $565 million.
◎ Of the 8.08 million HYPE staking interest, they’ve only sold about 4.93 million, so the amount of HYPE in the address is even higher than the number of tokens in the original allocation—there are 241 million tokens ($16.5 billion).

Address: 0x43e9abea1910387c4292bca4b94de81462f8a251

Hyperliquid development team Hyperliquid Labs transferred out 452,000 HYPE (USD 32.32 million) in the early hours of the morning. HYPE is down 5% today.

These HYPE were likely sold through the market maker Flowdesk: some went into Flowdesk’s on-chain wallet, while others were deposited to Flowdesk’s OKX, Bybit, and Gate充值 addresses.

Hyperliquid Labs wallet: 0x43e9abea1910387c4292bca4b94de81462f8a251

Nearly a month later, Pump continued cashing out its fee revenue: 6 hours ago, it transferred 122,500 SOL ( $10.08 million) into Kraken.

From the start of 2024 to now, they should have cumulatively sold 4.73 million SOL ($805 million) in fee revenue, with an average price of about $170.

Address: G9EtVCcUj1DHRni5gtnjTy4rcAULXmkgPFTsHD4rApLG

USD1 wealth management activity on Binance—needs to be topped up through the seventh month:
20 minutes ago, the wlfi treasury address transferred 170 million WLFI ($10.22 million) into Binance.
Address: 0xFef30c262676dE9AF5e5E9Ba999cF774000b14B4

If nothing unexpected happens, this will be the USD1 wealth management interest for the seventh month. The interest for the sixth month expired on the 10th (Friday).
Over 7 months, wlfi spent 1.37 billion WLFI ($127 million) on market-subsidy support for USD1 on Binance.

3 days ago, the AKE worth $1.22 million (3.944 billion tokens) was transferred by an AKE insider to Binance Alpha for selling. On the same day, AKE fell 40% ($0.0005→$0.0003).

Today, over the past few hours, the AKE worth $2.24 million (9.825 billion tokens) has continued to be transferred by the AKE insider to Binance Alpha + on-chain, where it is being sold off again. AKE was further dumped by 33% ($0.0003→$0.0002).

Transferred to Binance Alpha:
0xd49ef7dEf42F4633Cd55cb874e016A570eA99F04
0xB40B35FE21be75F6E5c0B7dabab1ec87d87A1395

On-chain selling:
0x85401508c777321eEd3018390408Ad0Ab2e087E5
0x4b7d0e43a9bfF643633372Cc73aB6977C21Ef38D

Hey, this is interesting. One person spent $4.4 million to buy enough BONK tokens to meet the governance approval threshold, then launched a governance attack proposal and voted—in the end, he emptied the BONK treasury worth $21.2 million worth of BONK. 😂

Details👇
1. First, he submitted a governance proposal: On 6/30, he posted a proposal on the governance platform to transfer 4.426 trillion BONK tokens (worth $21.2 million) from the treasury to a wallet he controls: 9bxW...JHvQ.

2. Buy tokens and vote: To pass, the proposal only needs at least 1% of the tokens—8,799.5 billion BONK—to vote in favor. So over the past 2 days, he pulled a total of BONK (8,822.85 billion tokens, worth $4.4 million) from Binance and Bybit onto the chain in amounts that satisfied the minimum vote requirement, then voted “yes” on this proposal, meeting the requirement for it to pass.

Address: CyEE7oHVDaFJ5xZLbXY3h2Z2uk1VwhTkdy72kPUEtypQ
3. Drain the treasury: After the proposal met the passing conditions yesterday afternoon, it was automatically executed. The treasury’s 4.426 trillion BONK (worth $21.2 million) was transferred to the 9bxW...JHvQ wallet he controls.
Address: 9bxWkNf3BtJ6iehq9KbX9uCWMjem4TFiPZ19T2sYJHvQ

4. Transfer to exchanges: After successfully pulling BONK out of the treasury, he sent 40 billion BONK (worth $190k) to the OKX exchange. The other 4.386 trillion BONK (worth $18.64 million) was transferred to the EXaJ...eh42 address.

P.S.:
This person should be pretty easy to trace—the addresses have had fund movements with Binance, OKX, and Bybit exchanges. It’s done out in the open.
The approval-threshold setting for this BONK proposal is way too low: it passed with just 1% of tokens in favor, and there wasn’t any restriction requiring a minimum number of voters. That means a governance attack is extremely easy.

Last week’s treasury operations update:
MicroStrategy cut losses and topped up the reserve fund. Last week, it sold 3,588 BTC, realizing a loss of $55.45 million;
Bitmine, on the other hand, keeps buying every week without fail. Last week, it continued to increase its holdings by 42,197 ETH.

--------------------------------------------------------------------------
◎For Bitcoin treasury company Strategy, last week it sold 3,588 BTC at a price of $60,197 ($216 million).
It now still holds 843,775 BTC ($52.343 billion), with an average cost of $75,476 and an unrealized loss of $11.341 billion (-17.8%).

◎For Ethereum treasury company Bitmine, last week it bought 42,197 ETH at around $1,636 ($69.03 million).
It now holds a total of 5,742,237 ETH ($10.037 billion), with an average cost of $3,386 and an unrealized loss of $9.406 billion (-48.4%).

This whale is kind of moldy 😂—as soon as it got going with some BTC, it immediately ran into MicroStrategy announcing it had sold coins, and then BTC dropped by $1,000. Now I'm in an unrealized loss of $410,000.

On Monday last week, Wei Strategy said they approved a BTC sale plan with a maximum value of $1.25 billion, roughly planning to sell up to 20,000 BTC.

Then, just last week, they sold 3,588 BTC ($216 million), with an average selling price of $60,197.
Their average BTC cost was $75,651, meaning the portion they sold realized a $55.45 million loss. ​​​

Monday’s US stock market opens soon, and the whale just moved 4 million USDC into Hyperliquid to go long 500 BTC at a price of $62,911 ($31.48 million).
Is this betting that BTC will be driven higher by the US stocks?

It also holds 12,000 ETH in spot, bought in March at an average price of $2,068; it’s currently down by about $3.6 million.

Address: 0x15a4F009BB324A3fb9E36137136B201E3Fe0DFDb

9 days ago after shorting ZEC, [Garrett Jin 巨鲸 entity] added to their short position about 1 hour ago today. At present, they hold ZEC short positions worth $15.08 million, with an opening average price of $444, and an unrealized loss of $0.53 million.

Their win rate on ZEC hasn’t been too bad—both previous trades were profitable:
1. In late May, they shorted ZEC worth $36 million at $626; in early June they ran into the ZEC vulnerability incident, and after the crash they closed the position for a profit of $11.24 million.
2. After that, they went long ZEC worth $22 million at $439, and closed at $447 for a profit of $0.42 million.

In addition, because BTC has rebounded by $5,000+, their long BTC position’s unrealized loss has narrowed from $23 million to $16 million.

Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9

1 hour ago, the Ethereum Foundation provided the non-profit Ethereum development organization Argot with a grant of 2,469 stETH (US$4.34 million).
Argot address: 0x247B57471Ff9F4c99759eBCa3ADF59c1a8F3583c

1. Last July, the Ethereum Foundation provided Argot with 3 years of operating funding: 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of $3,194, converting it into 15.417 million USDC.
2. Today, Argot received the 4th-year grant funding from the Ethereum Foundation: 2,469 stETH (US$4.34 million).
3. Next July, the final 5th-year grant will also be 2,469 stETH. In other words, the total grant funding is 11,938 ETH.

Argot’s ETH sales from last year 👇

The ETH/BTC exchange rate has strengthened over the past month, rebounding from a low of 0.0252 to the current 0.0285.
This year, a large whale has profited in the last two ETH/BTC exchange-rate trades with gains of 6,389 ETH (worth $11.34 million). Today, he began his third ETH/BTC exchange-rate trade: selling 4,695 ETH to buy 133.8 BTC, selling at an exchange rate of 0.0285.
He is betting that the ETH/BTC exchange rate will continue to fall—meaning ETH will rise more slowly than BTC or fall more.

His past two ETH/BTC exchange-rate trades this year were also quite well-timed: he sold ETH at exchange-rate peaks and then bought back after the exchange rate plunged. After two trades, his holdings in ETH increased by 6,389 ETH (worth $11.34 million).

1. At the beginning of January, he sold 22,345 ETH for 774 BTC, and at the end of January he swapped back to 24,564 ETH—an increase of 2,219 ETH.
2. In mid-April, he sold 24,564 ETH for 784.7 BTC, and at the beginning of June he exchanged back to 28,734 ETH—an increase of 4,170 ETH.
3. Today, after the exchange rate rebounded, he sold ETH again to buy BTC.

Address: 0x4553e3Bc6327006A63C5aA4cdAC887f66b6A433E

Since No. 1, the whale has been continuously buying; today it continues withdrawing 4,942 ETH ($8.83 million) + 111.5 WBTC ($7.01 million) from Binance.

Over 4 days, it has accumulated a total of 24,694 ETH ($40.26 million) + 211.5 WBTC ($13.25 million), and it is now up $3.61 million.

Address: 0x268448f31594F4636D03cBB4E813b94801E47643

In this market environment, the whales are also not daring enough to be “diamond hands”; they take a bite with profit and then retreat quickly. Wang Chun, a creator of the fish pool, has recently reduced his position in batches by 36,600 ETH and 160 WBTC over the past few days, netting a profit of $3.4 million.

In June, he gradually bought the dip, accumulating about 70,600 ETH ($117 million) + 966 WBTC ($60.29 million). The BTC price was about $62.4k, and the ETH price was about $1,653.
After July began, the market rebounded. In these days, he has transferred funds into Binance—36,600 ETH and 160 WBTC—and is expected to profit $3.4 million.

Address: 0xF42BcFD3dd5fcdd984d24FD2787383195C7f2b51

Over the past few days, HYPE bounced back from $60 and has again reclaimed $70.

A whale is likely getting ready to run while the rebound is happening: about 1 hour ago, he withdrew 212,500 HYPE (about $15 million) from Morpho, and then moved it all into Coinbase.

Address: 0x4B5C6218808E7DC6245ED22b2AF66209c80043da