Bitcoin fell 2.4% and XRP dropped 3.5% in a broad crypto market selloff, with ETH, BNB, SOL, DOGE, and HYPE also moving lower. Some smaller tokens, including ESPORTS and O, posted sharp gains.
Bitcoin stayed above $63,000 on Friday while AXION, Velvet and ESPORTS surged over 100%. Major coins also edged higher, with ETH climbing 1.8%.
Major cryptocurrencies fell over 24 hours: BTC -1.3%, ETH -2.1%, SOL -3.7%. Meanwhile, small-cap tokens like BSB (+76.4%) and DAO (+74.9%) rallied sharply, signaling risk-on rotation.
Five tokens surge on June 12: Velvet up 111.5% to ATH on XRPS partnership; NAWS.AI +70% on AI token wave; Yooldo Games +63% with 250% weekly gain; Stargate Finance +50% weekly +170%; Humanity Protocol +24% after transparent hack response.
Techub News, citing monitoring by @OnchainLens, reported that an address beginning with 0x89C3 (0x89C3...4A013) is currently holding an ESPORTS token short position worth about $1.44 million, with an unrealized loss of roughly $442,000. On-chain data also shows the same address holds about $5.67 million worth of Aster tokens. The address has been tagged in on-chain data as a large Aster holder. The short position indicates a bearish view on ESPORTS from the address, but the market has moved in the opposite direction so far, leaving the position under water by around $442,000.
Onchain Lens said a whale on Aster is holding an ESPORTS position worth about $5.67 million while also running a short of roughly $1.44 million on the same token. Based on the latest tracked data, the position is showing an unrealized loss of about $442,000. The wallet involved was identified as 0x89C3E5068d29Bdc3F25EC1044169C5CC7fd4A013. The update was reported by Odaily as a brief market-moving whale activity item.
Blockchain tracker Lookonchain said a trader deposited 1 million USDT into Aster DEX on June 18 and opened a 1x leveraged short position on ESPORTS. The position has already generated $4.28 million in realized profit through partial closes, according to the on-chain update. The trader still holds a short position of 137.73 million ESPORTS, valued at about $1.95 million, with another $4.77 million in unrealized gains. That brings total profit to more than $9 million, while the reported return stands at 806%. Lookonchain also said the trader has already withdrawn the original $1 million principal. The account now holds $9.05 million, all of which is profit. The figures point to one of the more profitable short trades recently tracked on-chain in the ESPORTS token.
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.
