A trader has made more than $9 million by shorting ESPORTS on decentralized trading platform Aster DEX in less than a month, according to Lookonchain. The reported return stands at about 806%. Lookonchain said the trader deposited 1 million USDT into Aster on June 18 and opened a 1x leveraged short position in ESPORTS. After partially closing the trade, the account had already locked in $4.28 million in realized profit. The trader still holds a short position of about 137.73 million ESPORTS. Lookonchain said the position shows roughly $1.95 million in floating profit, while the account also has about $4.77 million in unrealized gains. The original 1 million USDT deposit has already been withdrawn from Aster. The account balance now stands at $9.05 million, all of which is profit, based on the figures cited by Lookonchain.

On July 13, Lookonchain said a wallet linked to K3Capital withdrew 10,000 ETH from Binance about one hour earlier, with the transfer valued at $17.85 million. In a separate move reported at roughly the same time, Abraxas Capital withdrew 6,948 ETH from Binance and Bitfinex, worth $12.42 million. Combined, the two transactions totaled about 16,948 ETH. The report was cited by BlockBeats as a whale movement update.

Lookonchain said two large Ethereum withdrawals were tracked involving K3Capital and Abraxas Capital. According to the monitoring account, a wallet linked to K3Capital, identified as 0x4352...3b4f, withdrew 10,000 ETH from Binance, valued at $178.5 million. In a separate transaction, Abraxas Capital withdrew 6,948 ETH from Binance and Bitfinex, with the reported value at $124.2 million. Combined, the two withdrawals totaled 16,948 ETH. The update was cited by ChainCatcher in a brief market alert under its whale movement category.

Lookonchain said a wallet linked to K3 Capital withdrew 10,000 ETH from Binance about one hour ago, with the transfer valued at roughly $17.85 million. Over the same period, Abraxas Capital withdrew 6,948 ETH from Binance and Bitfinex, worth about $12.42 million. Combined, the two entities moved more than 16,948 ETH off exchanges, with a total value of around $30.27 million. The figures were cited directly from Lookonchain’s monitoring data.

Lookonchain said a wallet linked to K3Capital withdrew 10,000 ETH worth $17.85 million from Binance about an hour earlier. In a separate move, Abraxas Capital withdrew 6,948 ETH worth $12.42 million from Binance and Bitfinex. Based on the figures provided, the combined withdrawals totaled 16,948 ETH, valued at about $30.27 million. The activity was reported by Odaily in a brief market update under its whale movement category.

American Bitcoin has raised its Bitcoin holdings from more than 7,000 at the end of the first quarter to 8,000, but the larger treasury has not eased pressure on its stock. The company also carried out a 1-for-15 reverse stock split, a move that took effect after the July 2 close and began trading on Nasdaq on an adjusted basis on July 6. Management said the step was aimed at meeting Nasdaq’s minimum bid-price requirement. The company’s first-quarter filing with the U.S. Securities and Exchange Commission showed Bitcoin holdings rose from about 5,401 at the end of 2025 to 7,021 by March 31, 2026. It mined 817 BTC during the quarter and bought another 803 BTC over the counter. Even with Bitcoin down about 22% quarter over quarter, mining gross margin stayed above 50%, and mining cost per BTC fell to $36,200. Still, financial results exposed the strain behind the treasury story. American Bitcoin reported $62.1 million in mining revenue, an $81.8 million net loss, a $91.3 million adjusted EBITDA loss, and $117.2 million in digital-asset impairment charges. Investors are now weighing whether the company’s mining-backed accumulation model can support valuation without repeated equity dilution. The reverse split may lift the per-share price, but it does not change total market value, and the company has already warned that future share issuance could materially dilute existing holders.

On July 13, on-chain multi-asset trading platform Vanta said cumulative trading volume during its public beta had exceeded $100 million within just two weeks of launch. The team has now removed its invite-only access system in response to community requests, allowing all users to log in and start trading without an invitation code. Vanta also said users who join the public beta can still receive double points through July 15. After the beta ends, the platform plans to roll out a weekly points program. Rewards will be distributed based on metrics including valid trading volume, fee contribution, liquidity contribution, net deposits, and invited trading activity. According to the announcement, Vanta was founded by core members from major trading platforms including Binance, OKX, and Bitget. The platform describes itself as a one-stop, full-asset trading venue that combines CEX-level trading experience with self-custody and on-chain transparency. It currently covers crypto assets, stocks, gold, foreign exchange, commodities, and indices, and has launched Smart Trading and AI-assisted trading tools.

Startale Group has launched Startale OFK, short for Onchain Finance Kit, a software suite built to give financial institutions the infrastructure needed to enter onchain finance markets in Japan, the United States, and other jurisdictions. The company said the product is designed to shorten the path from early testing to production use under compliance requirements. According to Startale, the suite includes a scalable framework and plug-and-play infrastructure modules spanning institutional trading, bond issuance, privacy features, and stablecoins. CEO Sota Watanabe said financial institutions are no longer questioning the future of onchain finance and are now focused on how to participate. The company also pointed to prior enterprise blockchain deployment experience through projects including Soneium and JPYSC.