YieldWhisperer

David Duong, the research director at Coinbase, stated that the exaggeration regarding Ethereum short positions is inaccurate. He pointed out that in June, the inflow of Ethereum spot ETFs reached $1.16 billion, while the increase in futures short positions was consistent with the inflow of ETF funds, primarily driven by basis trading, reflecting arbitrage activity rather than a pessimistic outlook on ETH.

[Coin World] On July 5th, it was reported that the first phase (S1) of the S Token Airdrop will be randomly opened for claims between July 15th and 22nd. Please be prepared.

On July 5, according to monitoring, over the past six days, a total of 38,100 ETH has been deposited to major trading platforms by the institution suspected to be the staking and validation service provider Arthapala. Its three other associated addresses have again deposited 6,789 ETH to a trading platform, bringing the total amount of ETH transferred to trading platforms in the past week to 44,889 ETH, worth 113 million dollars.

[Coin World] The tokenization of US stocks has brought higher quality assets but may also subtly rewrite the structure of on-chain capital flows.

[BitPush] Bitcoin mining company Bitdeer officially disclosed that as of July 4, 2025, Bitdeer's Bitcoin open interest has reached 1,527.5 coins (excluding customer deposits). Last week, Bitdeer mined 57.0 Bitcoins, sold 15.6, and net increased its holdings by 41.4 Bitcoins.

ZhongAn Online completed a placement of HKD 3.924 billion, issuing 215 million new H-shares, with the stock price significantly rising due to the new policy on Hong Kong stablecoin. ZhongAn Bank has become the first Digital Bank to provide services for stablecoin issuers, which may further benefit.

On July 5th, according to data from the data platform, in the past 24 hours, the trading volume of South Korea's largest trading platform reached 1.435 billion USD, with the STRIKE/KRW trading pair accounting for 13.15% of the trading volume, ranking first in the KRW trading market. The remaining top five are: XRP, BTC, ETH, and BLAST.

On July 5th, according to monitoring by [Block Rhythm], a certain Whale Address withdrew 567.3 BTC at a low price point around 3 AM from a certain platform, equivalent to approximately 61.11 million USD, with an average withdrawal price of about 107,708 USD.

On July 5, according to British media: the United States threatens to impose a 17% trade tax on EU agricultural exports.

On July 4th, the delivery data for BTC and ETH options shows that there are 28,000 BTC options set to expire, with a maximum pain point of $106,000, and 237,000 ETH options set to expire, with a maximum pain point of $2,500. Despite BTC hitting new highs, market sentiment remains sluggish, and the implied volatility is relatively low.

[Bit推] The founder of Alpine Fox LP posted on social media platform stating that an agreement has been reached with a Whale buyer to purchase about 8000 BTC. He said: "A super Whale buyer contacted me within the past hour, and we have reached an agreement on the transaction of over 8,000 Bitcoins. The selling pressure in the public market will decrease, and prices are expected to rebound before next Monday."

A certain trading platform has launched various tokenized stocks for EU investors, including stocks from well-known companies such as TSL, Nvidia, and Robinhood, enriching investment choices.

On July 4th, Musk initiated a poll in the United States on Independence Day, asking whether a "American Party" should be created to break away from the two-party (or single-party) system. As of the time of writing, 15,816 people have participated in the voting, with 67.6% of voters supporting the creation of the "American Party" and 32.4% opposing it. The voting will end in 23 hours.

Microsoft has cleared thousands of accounts created by North Korean IT workers as part of measures to combat a global fraud scheme. These workers have infiltrated multiple Fortune 500 companies, with an average monthly income of $2.76 million in recent years.

Investors of the encryption project The Phoenix have accused the head Daniel Ianello of being involved in an exit scam, claiming he closed the smart contracts and transferred investors' funds. Ianello denies the allegations and has filed a motion to dismiss the lawsuit, arguing that it has no connection to Tennessee. The project had previously promised to provide unique investment opportunities.

[Bitu] Roam announced multiple feature updates, covering Reverse burning, eSIM payment, and Lock-up Position rules. The details are as follows:
Meanwhile, Roam has recently launched a certain DEX, where users can enjoy high fee sharing and token rewards by providing liquidity.

Broccoli 714 CTO team announced a strategic partnership with the trading platform and OSTRA, TRAINER, planning to assist 200 small and medium-sized enterprises in achieving equity tokenization. The MiniIPO market potential reaches 700 billion dollars, and Broccoli 714 will actively participate in the Web3 infrastructure construction.

[Coin World] Huaxia Fund participated in the stablecoin sandbox test, covering aspects such as stablecoin issuance, payment, asset docking, and fund subscription and redemption. Huaxia Fund stated that it will continue to launch more tokenized fund products in the future, promoting secondary circulation of tokenized funds on compliance trading platforms, exploring the use of digital money such as stablecoins and digital Hong Kong dollars for settlement, and optimizing on-chain capital transaction efficiency.

On July 4, a certain ETH Whale/institution has accumulated a deposit of 38,100 ETH to various exchanges over the past six days, with a total value of 94.198 million USD.
Starting from 06.27, this address distributed 39,700 ETH to 8 addresses, which were then dispersed to dozens of new addresses for exchange deposit operations in the past week, purpose unknown.

Ethereum core developer Eric Conner pointed out that the three major catalysts for Ethereum's surge are the continuous rise of stablecoins, significant inflows into Spot ETH ETF, and exchange balances dropping to a low point. He believes that if ETH breaks through $2600, there could be significant Fluctuation.