Crypto Mozart:
Who’s dumping ETH?
Two wallets linked to Galaxy Digital sold 45,000 ETH over the past 15 hours — around $104 million — sending the funds to Binance, Bybit, and OKX.
Not the kind of flow ETH bulls want to see right now.
BTC slipped below $76K, while stocks also moved into a sharp correction — roughly $500B in market cap wiped out in about an hour.
Meanwhile, Axios is framing the Iran situation as something that may be shifting from a short-term escalation risk into a longer geopolitical freeze.
Trump is reportedly caught between resuming military pressure and trying to force the outcome he wants through sanctions.
U.S. officials are worried the conflict could effectively turn into a sanctions-driven “cold war” — with ship interceptions, pressure campaigns, and endless “talks about talks.”
For markets, that means one thing: geopolitical risk is not leaving the tape anytime soon.