On-Chain Data

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BTC drops sharply in 15 minutes, down 0.48%: geopolitical risk and capital outflows converge, triggering a short-term sell-off

Between 07:30 and 07:45 UTC on May 29, 2026, BTC’s return rate recorded -0.48%, with a price range of 73,401.8 to 73,763.9 USDT and a range of 0.49%. During this period, the price fell from around $73,700 to the $73,300 area, showing a clear short-term pressure trend. Market sentiment was bearish, and volatility expanded significantly compared with the previous few days. The main driving force behind this abnormal move is the escalation of geopolitical tensions between the US and Iran in the Str
BTC0.36%
GateNews·05-29 07:49
BTC drops sharply in 15 minutes, down 0.48%: geopolitical risk and capital outflows converge, triggering a short-term sell-off

BlackRock IBIT customers redeemed $177.95 million worth of Bitcoin, not sold off by the fund itself

According to Crypto Briefing on May 29, clients of BlackRock’s iShares Bitcoin Trust (IBIT) redeemed around $177.95 million worth of bitcoin exposure. The report confirmed that this was clients actively redeeming IBIT shares, not BlackRock itself performing directional selling. Confirmation on the IBIT Redemption Mechanism: Client Action, Not BlackRock Selling The report confirmed that in BlackRock’s IBIT operating model, BlackRock itself does not hold directional bitcoin bets. When clients subm
IBIT-0.48%
MarketWhisper·05-29 03:39
BlackRock IBIT customers redeemed $177.95 million worth of Bitcoin, not sold off by the fund itself

Sui mainnet has resumed operation; a downtime incident caused by a vulnerability in the gas fee logic in version 1.72

Sui Network’s official account confirmed on May 29 on X that activity on the Sui mainnet has been restored. Previously, the network stalled (Network Stall) due to a Gas fee logic collapse vulnerability introduced with version 1.72. Sui officials confirmed that a complete incident recap will be published within the next few days. During this downtime, operations such as Sui mainnet fund transfers, DeFi contract interactions, and NFT minting were all halted. Sui Officially Confirmed Downtime Cause
SUI0.07%
MarketWhisper·05-29 01:28
Sui mainnet has resumed operation; a downtime incident caused by a vulnerability in the gas fee logic in version 1.72

The US government again moved $805,000 worth of tokens, triggering speculation of a sell-off

Lookonchain confirmed on May 29 that within the past 5 hours, U.S. government wallets transferred out about $805,000 worth of tokens again. This is the second consecutive record after approximately $1.9 million worth of tokens (including RNDR, UNI, SAND, MASK, AXS) were transferred into Coinbase Prime on May 28, sparking speculation in the market about sell-offs. Continuous transfer details confirmed by Lookonchain and Arkham (Source: Arkham) Lookonchain monitored and confirmed on May 29 that th
UNI-1.19%
SAND0.87%
MASK2.00%
MarketWhisper·05-29 01:10
The US government again moved $805,000 worth of tokens, triggering speculation of a sell-off