A giant whale deposited nearly 5,000 ETH into the exchange, and Circle rose 10% in the night trading session

Reprinted from jinse

06/09/2025·10D

Headlines

▌A whale sleeping for four years deposited 4,949.63 ETH on the exchange, equivalent to about US$12.54 million

According to Onchain Lens monitoring, an Ethereum whale that had been sleeping for four years has become active again, depositing a total of 4,949.63 ETH (about $12.54 million) into three exchanges, Binance, Gate and MEXC. In addition, the whale also transferred 3,936.44 ETH (about $9.9 million) to another wallet address.

▌Circle (CRCL.K) U.S. stocks rose 10% at night

The first stablecoin stock, Circle (CRCL.K), rose 10% in the evening trading. (Jin Shi)

Quotes

As of press time, according to CoinGecko data:

The price of BTC is US$105,707, with a 24-hour ups and downs +0.1 % ;

The ETH price is US$2,502.64, with a 24-hour ups and downs of -1.2 % ;
The price of BNB is US$652.39, with a 24-hour ups and downs +0.3% ;
The SOL price is US$152.16, with a 24-hour ups and downs +1.7% ;
DOGE price is US$0.1834, with a 24-hour ups and downs of -0.2% ;
XRP price is US$2.26, with a 24-hour ups and downs +3.9% .

policy

▌Ethiopia is preparing for regulating cryptocurrencies

According to June 9, although Ethiopia's official ban on the trading of virtual currencies, the Financial Intelligence Agency (FIS) officials said they are preparing for regulating cryptocurrencies. The news was made by the Director of Financial Intelligence Muluken Amare at the Southeast African Anti-Money Laundering Organization (ESAAMLG) meeting in Addis Ababa. The Bureau is working with the United Nations, Russia and member states to provide training to financial security experts on monitoring and handling illegal virtual currency transactions. "In Ethiopia, trading virtual currencies is not allowed except for the Ethiopian Birs, but we are providing training to prepare for possible unauthorized transactions," Amare said, adding that relevant technical, human and professional capacity building work is underway regardless of whether the Ethiopian National Bank decides to legalize virtual currencies in the future. Kamal Anwar, an official of the United Nations anti- terrorism project management, noted that virtual assets are used not only for terrorist financing, but also for tax evasion and money laundering.

▌Eleanor Terrett: CLARITY Act 's "Alternative Amendment" has been released

According to crypto journalist Eleanor Terrett, the CLARITY bill's "Alternative Amendment" (ANS) has been released tonight. ANS is an updated version of the submitted bill, which contains recent amendments and additions, and the text will be the basis for a review meeting of the Financial Services GOP committee this Tuesday.

Blockchain application

▌Michael Saylor downplays the threat of quantum computing to Bitcoin

Strategy founder Michael Saylor recently downplayed the threat of quantum computing to Bitcoin in an interview with CNBC, believing that when the threat is imminent, the Bitcoin protocol can deal with potential risks through software upgrades. "This is mainly the marketing method for those who want to sell you the next quantum concept token. Google and Microsoft won't sell computers that can crack modern encryption because it will ruin Google and Microsoft -- and the U.S. government and banking system," he said.

▌ Casa Lianchuang: It is not recommended to rely on artificial intelligence to explain the technical details of Bitcoin

In response to Grok's statement, "Bitcoin block size is about 664 GB, an increase of about 72 GB per year. Removing the OP_RETURN limit can increase the block size by about 20%." Casa co-founder Jameson Lopp responded on the X platform: If you rely on artificial intelligence to explain the technical details of Bitcoin, the experience will definitely be bad. The answer is completely nonsense. The block size data based on OP_RETURN is actually much smaller than the block size based on witness information records.

▌Slow Fog Cosine Posts Questioning How Public Wi-Fi Successfully Carrying Coin Stealing Attacks and Seeking Real Case Verification

In response to Kraken Chief Security Officer Nick Percoco, warning that the encryption industry meetings frequently occur in security omissions and said that common hidden dangers include the use of public Wi-Fi, Slow Fog founder Cosine questioned on the X platform: "I humbly ask for advice, what are the dangers of public Wi-Fi? How to successfully implement coin theft attack? Are there real cases? Note: Be serious, there have been many hacking practices in this field, so don't attack illusion..."

Cryptocurrency

▌The entire network has been liquidated by more than US$90 million in the past 24 hours, and both long and short positions have exploded.

According to Coinglass data, the total amount of liquidated in the cryptocurrency market in the past 24 hours reached US$91.4591 million, of which US$50 million in long positions were liquidated and US$50 million in short positions were liquidated. ETH liquidated $27.4926 million, BTC liquidated $12.9448 million, and ANIME liquidated $5.8866 million. A total of 46,385 people have been liquidated in the past 24 hours, and the largest single liquidation occurred on HTX's ETH-USDT trading pair worth US$1.4232 million.

▌A PEPE whale deposited 6,200 ETH into Binance in the past three days, with an average price of US$2,492

According to the monitoring of the on-chain analyst Yuchen, the whale 0x3c9, which sold PEPE profits by $6.86 million a few days ago, began to sell ETH again: in the past three days, 6,200 ETH ($15.45 million) have been transferred to Binance, with an average price of $2,492. The whale currently has about 36,700 ETH ($92.22 million) in multiple DeFi protocols.

▌Data: The number of Bitcoin online transactions fell to a new low since October 2023

The seven-day average transaction volume of Bitcoin network fell to 317,000 last Friday, hitting a new low since October 2023. Due to the sluggish transaction activity, some miners began looking for transactions with fees below the default relay threshold of Bitcoin Core (1sat/vB). Mononaut noted that one of their transactions was submitted to Bitcoin mining company MARA (formerly Marathon Digital), which openly operates a non-standard low-fee transaction channel called Slipstream. On June 6, 31 Bitcoin core developers signed an open letter to oppose node filtering low-rate or non-standard transactions, emphasizing the essential attributes of Bitcoin as a censorship- resistant system. The developer pointed out that forcing users to use private channels such as Slipstream will harm the decentralized features. This position was opposed by Jan3 founder Samson Mow and others, who believe that core developers are removing the protection mechanism for spam transactions.

▌Bitcoin investment family "Taihuttu Family" stores cryptocurrency mnemonics in four continents in order to deal with the threat of kidnapping

According to June 9, as cryptocurrency holders face growing threats of kidnapping, the Bitcoin investment family "Taihuttu Family" revealed that they have given up their hardware wallets and instead scattered cryptocurrency mnemonics on four continents around the world. Taihuttu said that in the past eight months, they have adopted a hybrid storage system: after splitting the encrypted mnemonics, some of which are engraved on fireproof steel plates and hidden on four continents, while the rest are stored through blockchain-based encryption services. Even if he is threatened with a gun, he can only provide limited assets in his mobile wallet. Currently, about 65% of the Taihuttu family's crypto assets are stored in cold wallets on four continents, while the rest are stored in multi-signature wallets or decentralized exchanges for transactions and daily expenses.

Important economic trends

▌ CME Federal Reserve Observation: The probability of a 25 basis point cut in June is only 2.6%

According to CME's "Federal Observation" data, 10 days left before the Fed's next FOMC meeting, the probability of a 25 basis point cut in June is 2.6%, and the probability of keeping interest rates unchanged is 97.4%. The probability of the Federal Reserve keeping interest rates unchanged by July is 83.3%, the probability of a cumulative rate cut of 25 basis points is 16.3%, and the probability of a cumulative rate cut of 50 basis points is 0.4%.

Golden Encyclopedia

▌What is the market depth of cryptocurrencies?

In cryptocurrency trading, the market describes the market's ability to withstand large quantities of orders without a significant impact on prices.

It is a liquidity indicator that shows the number of buy and sell orders for a given cryptocurrency at different price points. So, how is the market depth displayed? Depth maps are often used to illustrate these data. It draws the buy order (bid) on one side and the sell order (quest price) on the other side to reflect the price level.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.