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 reserve address that Tether uses to buy BTC with 15% of each quarter’s profit—5 hours ago it made a test deposit of 4 BTC ($2.5 million) to Binance.
Address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4

So what is this for? A month ago they transferred 204.3 BTC to Bitfinex ($14.36 million), when the BTC price was $70,000.

It’s unclear whether they sold, but it seems they may not be continuing to buy BTC now? In the past, on the last day of each quarter, they would move the BTC they bought that quarter onto the blockchain. Now, more than a dozen days have passed since the end of Q2, and I haven’t seen any coins being moved to the reserve address—instead, they’ve been transferring funds out.

Do you remember when LAB’s issuer submitted 100 million units of $LAB to the blockchain from Bitget in May? Back then LAB was priced around $5, and these LAB tokens were kept on-chain without moving.

Later, LAB did follow RAVE’s pattern and kept surging upward several times: from $5 to $20.
In the past few days, after LAB went into a plunging sell-off from the teens down to 1, just half an hour ago the LAB issuer transferred 8 million units of the LAB that were deposited on-chain in May—worth $9.54 million—to Aster.

Is this meant to do spot “liquidation/infusion” on Aster, or to carry out a “coin-denominated long” using the treasury as collateral? 🤔

A suspected SOL staking whale has allegedly been robbed, resulting in a loss of 181,000 SOL (about $14.28 million). These SOL were then exchanged for sale via a cross-chain exchange, resulting in 7,918 ETH.

Details👇
1. The suspected stolen address un-staked 181,000 SOL and transferred it out 7 hours ago.
Address: HwtbQBNnLERakdUDuCCLWmUs2oETLFQZeHUWeQdPads

2. Subsequently, in a span of 4 hours, these 181,000 SOL were gradually exchanged into ETH on Ethereum via a cross-chain exchange tool, totaling 7,918 ETH.
Cross-chain exchange addresses:
Ffd1oB2aYM5UzMYUM7TmxULDRQb6KzgrBwmgj9U1C2bE
653pnn5fzF51FfotBwxua55Es4QXxTdaXJLbPczVmswp

3. The exchanged ETH is currently stored in the following 4 wallets:
0xAa5cfa4E96Dda0F9Aa30F4dC948B542A9b5817c6
0xbf11bdfBEB9ed137C352C81e45D191cACaE6B0Cf
0x536B4ee7507C41143e1b0BD1bF3F2B84bE404836
0x5D73E47308362228Fbf23372DeA225A7D5b6D506

An hour and a half ago, the whale "AllegraSeam" transferred $20.32 million in USDC into Hyperliquid to open a long position worth $22.8 million in SKHX (SK Hynix) at a price of $1,480.
Address: 0x66f463866512fc337c89bad2032acbe38ee38836

Are the whales all betting that tonight’s SK Hynix on the US stock market—its ADR—will open and keep surging upward? Two days ago, another whale also went long at $1,411 for a value of $30 million in SKHX 👇

The US stock ADR for Hynix is priced at $149, which corresponds to a Korean stock price of $1,490. The price is around this range now as well.

Took advantage of Binance Life 5,000x early on + Diamond Hand Whale. Today, just 3 hours ago, he continued to transfer 3 million Binance Life coins ($2.09 million) into Binance for take-profit.

Looks like he’s going to fully clear them out—he sold 7 million coins yesterday, and sold another 3 million today.
He bought 18.5 million Binance Life coins for $2,480; now he has already sold 13.5 million of them, cashing out $9.42 million. On-chain, 5 million remain ($3.41 million).

Address: 0xd0a20458D96A1aB3F1F43e7270185546aa760dBf

He ultimately opened a position in XYZ100 (Nasdaq 100 index) worth $70 million using about 6x leverage. He went long at an average price of $29,594, his liquidation price is $24,966, and he is currently up $380,000.

😲Well, look at that—this is a bit big-handed: a whale has been making a large, sustained opening of XYZ100 in the past 3 hours (Nasdaq 100 Index).

As of now, they’ve already opened positions worth up to $61.50 million in XYZ100, but they don’t seem ready to stop yet—they’re continuing to buy through TWAP orders.

Address：0x3E7A0ecA8B624B75034Ad820Fa291425F21f1589

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.

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◎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. ​​​