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CoinWorld News, pension-USDT.ETH address increased ETH short positions by 1,334.49 coins, approximately $2,195,312.22. The current holdings of this address amount to $65,650,282.73, with an average price of $1,735.49, and a current profit and loss of +$204,743.62 (+0.94%). The current coin price is $1,730.09, and the liquidation price is $2,655.08. This whale often profits through swing trading, with a strategy of low leverage, short cycles (average holding about 20 hours), mainly operating large positions in BTC and ETH. Since October, the accumulated profit has exceeded $20 million.

Ali Martinez warns that the STRC structure could exacerbate financial pressure during a Bitcoin bear market, similar to the feedback loop of the Terra-Luna collapse in 2022. The dividend yield of STRC can be adjusted to approach a $100 face value, but may need to increase dividends when Bitcoin declines to attract buyers. As scrutiny of the Strategy financing model intensifies, STRC fell to a low of $82.53 on June 18, then rebounded to $88.59. He stated that this structure could drive up financing costs when the value of major government bond assets declines.

The Second Circuit Court of Appeals unanimously rejected Sam Bankman-Fried's appeal, upholding his 2023 fraud conviction and 25-year prison sentence. The court stated that the evidence was sufficient to show that, while publicly assuring clients, investors, and regulators of asset safety, he actually used the funds for personal expenses, political donations, investments, and real estate, and transferred them to Alameda Research, which he founded, described as an epic scam. Bankman-Fried was convicted on seven counts related to misappropriating approximately $800 million of customer funds. Despite the failed appeal, he continues to seek other avenues for clemency and maintains his innocence.

CryptoWorld News, according to Al Jazeera: Iranian media citing sources say that two reservoirs in the Sirk region of Iran were bombed, causing a disruption in the area's drinking water supply.

Today’s Key Points: Blackstone ETF saw a single-day net outflow of about $233 million; a UK fund will allocate 10% of its assets to a Bitcoin ETF; Bernstein said net outflows were about $2.6 billion. BTC plunged due to redemptions, and market views are divided; whales provided $132 million in USDC/USDT to V3 to short ETH. In addition, Russia is considering charging trading fees, an Uzbek influencer was sentenced, and UK sanctions led to HTX funds being frozen.

CryptoWorld News reports that, according to PeckShield, address 0x34d1...4ac1 was liquidated. The liquidation amount was approximately 15,000 ETH, worth about $24 million. This liquidation took place after the Ethereum price fell below $1,600. The address still holds 31,500 WETH supply and a USDT loan of $38 million, valued at approximately $11.84 million.

Crypto World News reports that the ETH long position associated with Matrixport's address (sub-address 2) has an unrealized loss of $19,068,744.24, with a loss ratio of 790.82%. The average entry price for this address is $2,243.12, the current price is $1,607.50, the liquidation price is $1,360.73, and the position size is $48,225,000.00. This address has received multiple fund transfers from Matrixport (now renamed Bit), making it the largest on-chain ETH long position, with two other related addresses collaborating to build the position.

Santiment data shows that last week Bitcoin dropped 13%, mainly due to key stakeholders selling off. Whale and shark addresses sold 24,602 BTC, a decrease of 18%; small traders increased their holdings by 61 coins, a 12% rise.

CoinJie.com news: SoftBank Group is considering investing more than $300 million in the German industrial robot startup “Agile Robots” and plans to raise about $800 million in new funding. Investors are looking for companies that apply artificial intelligence technology in real-world scenarios. The negotiations are still in the early stages, and the final amount and terms could still change. Over the past year, financing and valuations for robot startups have risen sharply. As AI software becomes more widespread, investors see the potential to apply this technology in areas such as manufacturing, logistics, and engineering. According to PitchBook data, global investment in this sector is expected to more than double in 2025 compared with the previous year, reaching $27.6 billion.

BlockBeats News, June 1, according to Reuters, Japan’s ruling Liberal Democratic Party (LDP) Blockchain Promotion Group has submitted policy recommendations to Finance Minister Katayama Satsuki, urging the establishment of a dedicated legal framework for cryptocurrency exchange-traded funds (ETFs), while also promoting the adoption and application of Japanese yen stablecoins.

The proposal notes that cryptocurrency ETFs can provide investors with an easier-to-understand and more accessible investment channel, enabling them to gain market exposure without directly purchasing and holding cryptocurrencies.

This April, Japan’s Cabinet approved a draft bill amendment that redefines cryptocurrencies from their prior status as payment instruments into financial products, laying the groundwork for adjustments to subsequent regulatory frameworks.

If the relevant policies are implemented, Japan will join major markets such as the United States and Hong Kong, allowing investors to participate in the cryptocurrency market via ETFs