A giant whale deposits AAVE to borrow ETH and get USDT, Abraxas triggers take-profit on short positions, and there’s been no on-chain pullout from the SpaceX IPO—bull and bear signals are clashing, so I’m choosing to lie back and watch.

Key points: Bitcoin ETF experienced a $1.7 billion net outflow in a single week, reaching a one-year high, with BTC falling below $60k; Ethereum around $1,500, possibly dropping to the $1,000 range; Worldcoin plummeted 25%, Arthur Hayes exited; six senators urged the Federal Reserve to rewrite digital asset regulations; SpaceX IPO showed no signs of on-chain divestment; Abraxas Capital took profits on ETH short positions; whales deposited ETH into AAVE V3 and borrowed USDT; Bitcoin price forecasts still suggest that the $60,000 support may come under pressure.