Analyst Darkfost said on-chain data shows Bitcoin long-term holders still generate above-normal exchange inflows in the short term, leaving room for sudden selling pressure. However, their annual average exchange inflows remain near the lowest level recorded since 2015, indicating a reduced long-term market role compared with past cycles.

On-chain analyst Ai Yi reported that address 0xa2e…f1468 closed a 23,200 ETH short position. The position was opened at $1,680.8 and closed at $1,672.9, producing a profit of $184,000.

Tokenized Pokémon cards are seeing rapid growth on crypto platforms, according to Decrypt. Messari data shows about $230 million in May trading volume across seven blockchains, roughly 10 times higher than a year earlier.

SpaceX listed on Nasdaq at $135 per share and raised $75 billion, while crypto platforms’ tokenized IPO access experiment ran into a severe allocation shortfall. Bybit, Binance and Bitget Wallet refunded users, and many Kraken participants reported receiving only about 4.2786 SPCXx tokens.

According to Whale Alert monitoring cited by ChainCatcher, USDC Treasury minted an additional 250 million USDC on the Solana blockchain.

Tokenized Pokémon cards are seeing faster trading growth on crypto platforms, with physical cards mapped into NFTs or digital certificates and sold through a gacha-like experience, according to Decrypt and Messari data cited by ChainCatcher.

ChainCatcher reported, citing Whale Alert monitoring, that USDC Treasury minted an additional 250 million USDC on the Solana blockchain.

According to Decrypt, tokenized Pokémon cards are seeing rapid growth in trading activity on crypto platforms. Messari data shows about $230 million in May volume across seven blockchains including Solana, Polygon, Base and BNB, roughly 10 times higher than a year earlier.