Seeing this set of data,

I’m seriously stunned! 🤯

Brothers!!!

The stablecoin dominance rate has surged from 7.56% to 15%,

nearly doubling.

But the total stablecoin supply has only grown by 10.6%,

rising from 286 billion to 316 billion dollars.

You get it—it's not that everyone wants to buy stablecoins. It’s that the “plate” itself shrank by half: the market cap fell from 4.21 trillion to 2.10 trillion. The funds didn’t run away—they’re trapped, and they didn’t move.

Let me add an even more explosive one—Grayscale, after nearly a year and a half, suddenly transferred 1,863 BTC to Coinbase, worth about 124 million dollars. This kind of move was a signal of ongoing outflows before. Doing such a big action at this time—those who understand know.

On the other side, Tom Lee’s Bitmine has been continuously adding to its Ethereum position these days. Just on June 9 alone, one purchase was 213 million dollars, and over the past few days it has accumulated a total of 125,000 ETH. His style is: the more the market panics, the more he buys.

Take a look at the chart

Bitcoin $BTC ‌ keeps getting dragged back and forth around 65,800 dollars, with a 4-hour spike that then pulls back and forms upper wicks.

Ethereum $ETH ‌ is consolidating around 1,780 dollars, with clear sell pressure above 1,800 dollars.

There’s a detail worth paying attention to: Ethereum’s Glamsterdam upgrade has entered the final development stage, and the Gas limit needs to be raised from 60 million to 200 million!

This Thursday at 2:00 AM, the new Federal Reserve chair, Waller, will make his debut. Goldman Sachs expects interest rates to remain unchanged, but the market broadly expects the statement to delete the wording “dovish bias.” Options expiry and the FOMC meeting coincide, so volatility is definitely not going to be low.

I’m not predicting direction—I’ll just state facts: the stablecoin dominance rate has doubled as objective data, the Grayscale transfer has been detected via on-chain monitoring, and Tom Lee buying coins is public information. How smart money acts at this point is up to you.

In this position, watch more and move less—wait until the FOMC lands before talking. Follow me, and I’ll take you through the market using data. 👊
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