Odaily News According to SoSoValue data, the crypto market sector has fallen for three consecutive days, with a general decline of about 2% to 8%. Bitcoin (BTC) fell 2.95%, with the lowest price falling to around $100,000. Ethereum (ETH) fell 7.23%, once falling below $2,400. In addition, the Meme sector fell 8.04%. Within the sector, OFFICIAL TRUMP (TRUMP) and Pepe (PEPE) fell 10.00% and 10.68% respectively, but Fartcoin (FARTCOIN) rose 8.34% against the trend. In other sectors, the PayFi sector fell 4.25% in 24 hours, and Keeta (KTA), which had previously risen sharply, fell 14.05%; the CeFi sector fell 4.45%, and Hyperliquid (HYPE) fell 5.71%; the Layer1 sector fell 4.59%, among which Cardano (ADA) and Sui (SUI) fell 6.39% and 7.35% respectively; the DeFi sector fell 6.03%, Chainlink (LINK) and Aave (AAVE) fell 6.29% and 8.20%; the Layer2 sector fell 7.03%, and Arbitrum (ARB) fell 9.46%. The crypto sector index, which reflects the historical market conditions of the sector, shows that the ssiMeme, ssiLayer2, and ssiNFT indices fell 8.07%, 6.98%, and 6.96% in 24 hours respectively.

Odaily News According to official data, the top three currencies in Gate Alpha’s daily trading volume on June 5 were: KILLBILL, ICOIN, and LABUBU. It is understood that Gate Alpha now supports popular public chains such as SOL, ETH, BNB Chain, and Base. Users can use USDT in their spot accounts to directly purchase popular assets on the chain without manually changing chains, recharging, or authorizing.

Odaily News According to OnchainLens monitoring, Abraxas Capital shorted BTC, ETH, SOL, HYPE and SUI through two wallets on the HyperLiquid platform, with current floating profits exceeding US$55 million during the market decline.

Odaily News Over the past two days, the price of Bitcoin (BTC) has continued to weaken, falling from a high of $105,000 to around $101,500, a drop of more than 3%. Although it tried to rebound at the beginning of this week, it failed to successfully break through the key resistance level of $107,500, causing market sentiment to become conservative. The entire crypto market has pulled back synchronously, with the market value falling to about $2.3 trillion, a drop of more than 5% in 24 hours. Ethereum (ETH) fell below $3,700, and mainstream currencies such as Solana (SOL) and Avalanche (AVAX) all fell to varying degrees. Analysts believe that the current market lacks a clear catalyst for growth, and funds tend to wait and see. Investors are closely watching the non-farm payrolls data for May to be released this Friday. If the number of new jobs is lower than expected, it may strengthen the market's bet on interest rate cuts this year, thereby providing support for risky assets. In addition, Federal Reserve Chairman Powell's recent speech did not explicitly mention the economic outlook, triggering market concerns about "dovish expectations being dashed." 4E reminds that the crypto market is at a critical juncture where macroeconomic games and technical adjustments intersect. Investors are advised to remain patient and wait for further clarity from the Federal Reserve and economic data.

Odaily News According to Onchain Lens, a whale closed its 25x long position in ETH, making a total profit of $5.19 million and withdrawing all funds from HyperLiquid. Previously, the whale deposited $4.3 million in Hyperliquid, and the value of its ETH long position once exceeded $75 million.

Odaily News According to monitoring by Ember, a whale opened a long position to "pick up corpses" after the liquidation of James Wynn's position, and sold his position two and a half hours ago, giving back $17.08 million in profits. He opened long positions on BTC and ETH twice after the liquidation of James Wynn's position, with the idea of "picking up corpses": James Wynn's position was liquidated at 12 a.m. yesterday, and he opened a long position; James Wynn's position was liquidated and closed at 1 a.m. today, and he added a long position. However, as the price continued to fall, he chose to sell his position two and a half hours ago. As a result, he lost $17.08 million on this long position. After this profit-taking, his profit in the past 21 days has dropped from $30 million to $13 million.

Odaily News OKX market data shows that ETH fell below 2400 USDT and is now at 2399.2 USDT, a 24-hour drop of 7.86%. (This newsletter is generated with the assistance of AI)

Odaily News OKX market data shows that ETH fell below 2500 USDT and is now at 2499.99 USDT, a 24-hour drop of 4.5%. (This newsletter is generated with the assistance of AI)

Odaily News According to LinChen, head of Deribit Asia Pacific Business, a user bought 61,000 ETH of call options at $3,200 and $3,400 at the end of June, paying a total premium of more than $2 million. It is reported that the user may be Trend Research.

Odaily News According to the monitoring of on-chain analyst Yu Jin, the whale address qianbaidu.eth has recently started to sell for profit after purchasing 420,000 HYPE tokens (total value of about 13.4 million US dollars) at an average price of 31.9 US dollars. At present, the address has sold 235,000 HYPE (about 8.7 million US dollars) at an average price of 37 US dollars, realizing a profit of about 1.2 million US dollars. The address still holds 185,000 HYPE tokens, currently worth about 6.55 million US dollars.