Bitcoin's current price range of $59,000–$63,000 has not yet reached the cyclical bottom, according to on-chain data and liquidity analysis. The market needs to break below $59,000 to complete a liquidity flush. Key indicators such as Cointime Price, PSIP, and AVIV, combined with technical liquidity analysis, suggest the bottom is still ahead. Investors are advised to stick to their circle of competence and avoid chasing market hype.

Circle announced that the USDC privacy feature is now live on Starknet mainnet, powered by the STRK20 privacy standard. Users can shield, send, and unshield USDC, concealing balances, amounts, and counterparty information on the public ledger. Built-in compliance capabilities make it suitable for payments, payroll, and on-chain finance. This marks Starknet's advancement in privacy and regulatory alignment.

Despite the overall crypto market downturn, whales are actively accumulating HYPE tokens. According to Lookonchain monitoring, a newly created wallet withdrew 222,493 HYPE (~$14.41 million) from Coinbase Prime, while another whale received 44,986 HYPE (~$2.87 million) from FalconX. The two transactions occurred within just one hour, totaling over $17.28 million, signaling strong confidence in HYPE's future.

According to ChainCatcher and on-chain monitor EmberCN, Hyperliquid's largest long trader continued to add positions after Bitcoin fell to $59,000, opening 500 BTC longs through three wallets at an average price of $59,261, worth approximately $30 million. The trader now holds a $445 million long position, including 120,000 ETH and 2,500 BTC, with average entry prices of $2,261 for ETH and $69,560 for BTC. The total unrealized loss has expanded to about $110 million, raising concerns about potential liquidation risks on the high-leverage platform.

A trader on the Aster platform has pocketed $5.6 million in profit within a week by shorting ESPORTS tokens, according to Lookonchain. The wallet deposited $3.9M as margin and opened a 1x short position on 139.6 million ESPORTS (worth $9.44M) at ~$0.07 per token. This whale move highlights strategic entry timing, the power of shorting in crypto, and the transparency offered by on-chain monitoring.

According to Lookonchain monitoring, a trader shorted 139.6 million ESPORTS tokens on Aster at an entry price of approximately $0.07, using a 1x short position with a $3.9 million deposit. In just one week, the position yielded $5.6 million in profit, representing a 59.3% return. The trader created a new wallet, deposited funds, and executed the short before the token's price collapsed. This case highlights how large shorts on volatile assets can generate outsized gains, and demonstrates the importance of on-chain tracking for whale movements.

A trader pocketed $5.6 million in profits within a week by shorting ESPORTS tokens on the Aster platform, according on-chain data from Lookonchain. The whale deposited $3.9 million, opened a 1x short on 139.6 million ESPORTS at $0.07, and now sits on a $5.6 million unrealized gain. The case highlights the precision timing and risk management of sophisticated traders in volatile crypto markets.

The Monad Foundation has announced the mainnet launch of Unlink, a zero-knowledge (ZK) privacy layer deployed as a smart contract on Monad. Unlink allows institutions to hold, move, and use onchain capital without exposing wallet balances, counterparties, or transaction history. It uses ZK proofs to enable private transfers while offering scoped audit views for compliance. Monad’s high performance—10,000 TPS, 400ms block times, near-zero fees—provides headroom for computationally heavy privacy operations without sacrificing user experience. The Monad ecosystem currently holds $350 million in TVL, with integrations including Aave, Morpho, Uniswap, Curve, and over 30 fiat on/off ramps. Unlink preserves composability: capital can stay private while still being supplied, borrowed, traded, and settled across the Monad economy. This integration removes the trade-off between privacy and ecosystem access, positioning Monad as a viable layer for institutional activity.