ButterStop-LossLine

CoinWorid news reports that the floating loss on the ETH short position of pension-USDT.ETH has narrowed from $6.0667 million (-19.98%) to $4.0367 million (-13.60%). The short’s average entry price is $1,700.06; the current ETH price is $1,780.79. The liquidation price is $2,174.07, and the position size is $89.04 million. This whale typically profits through swing trading. Its strategy relies on low leverage and short cycles (average holding time of about 20 hours), and it mainly trades large positions in BTC and ETH. Since October, its cumulative profits have exceeded $20 million.

SPCX continues to pull back. The HyperLiquid platform is down more than 10% in a single day; the current price is $156.93, down about 22% from the June 16 high of $225.64. In the past 24 hours, trading volume was $338 million, with open interest of $178 million, making it a focus among related stock targets. The pullback is driven by an AI-industry-chain sell-off led by Meta Compute. With an extremely thin circulating float (about 4–5%), selling pressure is amplified. In addition, concerns over high valuation and nearly 20% unlocking may offset the positive impact of being included in the Nasdaq on July 6. During the same period, SPCX-related contracts traded $2.4 billion; compared with Nasdaq SpaceX’s trading volume of $16.2 billion, the crypto market’s trading volume (including leverage) is about 14.8%.

Australia's crypto "travel rule" will take effect at local time on July 1, requiring users to provide additional information for crypto asset transfers in and out of locally regulated exchanges, including the name of the payee or payer and the relevant platform name. The rule is enforced by the Australian financial intelligence agency AUSTRAC, aiming to improve the traceability of crypto transfers and prevent risks of money laundering, terrorist financing, and fraud. Self-custody wallet transfers will also require users to confirm they are the owners of the relevant addresses. (Cointelegraph)

Musk’s Starship (spcx) buys at 130–140 spot, then sells at around 170 after ten days.

Coin World News, as reported by 99Bitcoins, on June 29, the cryptocurrency market faced pressure again, with Bitcoin (BTC) dipping below $60,000 once more and currently trading at around $60,200. Over the past 24 hours, the liquidation amount has dropped significantly from $1 billion last weekend to $206 million, of which $150 million came from long positions. ETF inflows showed weakness last week, with over $444 million worth of Bitcoin sold across various products, and total outflows last week exceeded $1.7 billion. Meanwhile, the European Union has proposed fines of up to 12.5% of annual revenue for companies violating MiCA regulations, aiming to strengthen oversight of digital asset issuers.

Wu Shuo learned that the Ethereum Foundation (EF) announced a new organizational structure, stating that the ongoing restructuring process has been completed after several months. EF said that after the restructuring, five main work clusters will be established: protocol layer, access layer, user layer, community layer, and institutional layer, along with an operations cluster and management and support teams. This adjustment will result in 54 colleagues leaving, accounting for approximately 20% of EF's staff, and those affected will receive severance pay and transition support. EF stated that the reorganized organization will be more streamlined and focused on core tasks.

CryptoWorld News reports that, according to on-chain analyst AI Auntie monitoring, the address 0xa2e…f1468 holds 21k ETH long positions, worth approximately $36.33 million, with an opening price of $1,728.5, and an unrealized profit of $32k, making it the eighth-largest position in HyperLiquid ETH. Since June, this address has conducted a total of 15 transactions, with cumulative profits of $4.29 million.

CryptoWorld News: HYPE long positions have increased unrealized profits to $41.42M, a 218.48% rise. The current price is $68.69, with a liquidation price of $55.43, and the position size is $94.8M. This address heavily increased its long positions before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.

CoinJie Network reports that Saylor said Bitcoin has already won its position as digital capital, and the next wave will be digital lending, digital currencies, digital yields, and capital markets supported by Bitcoin—products that can bring tens of trillions of dollars of traditional credit and money market capital into Bitcoin. In the interview, he mentioned that over the past six years, Bitcoin has gone through five major pullbacks, but its fundamentals are stronger and its market dominance continues to rise. Digital lending has developed from zero into an asset class of more than $11 billion within just 12 months, while Bitcoin-backed yield coins provide investors with an 8% return opportunity. Saylor also noted that digital lending, bank credit, and digital currencies will bring tens of trillions of dollars of capital to Bitcoin.

Wu said that according to CryptoRank data, over the past 12 months (LTM), in public funding across blockchain ecosystems, Solana ranked first with $884 million, Ethereum second with $529 million, and BNB Chain third with $451 million. Base, Sonic, Monad, and Hyperliquid L1 received $307 million, $222 million, $188 million, and $55 million respectively. CryptoRank stated that public market funds are increasingly concentrated in ecosystems with active developers, a strong user base, and clear narratives.

CryptoWorld News reports that, according to Lookonchain monitoring, a whale increased its long position to 202.305k tokens just as SPCX was about to begin trading, worth approximately $35.14 million, with a liquidation price of $95.12.

CryptoWorld News reports that the current Bitcoin price is maintained at $62.6w, even though the strategy has added new purchases. Investors are still watching U.S. inflation data and the Federal Reserve meeting. Meanwhile, liquidations in the derivatives market have decreased, positions remain stable, and negative funding rates and bearish positions indicate a cautious sentiment. At the same time, humanity protocol’s h token suffered a loss of $32,000,000 after its private key was stolen, and its price crashed by 90%.

CryptoWorld News reports that well-known tech journalist Alex Heath stated that Anthropic plans to release a public version of Mythos tomorrow and rename it “Fable 5.” This version will feature strict security safeguards and will not be as lenient in online operations as the version accessible to Project Glasswing partners, while also delivering a significant improvement in long-cycle, multi-round tasks.

CryptoWorld News reports that prediction markets indicate Claude 5 is expected to be released by the end of this month, with a current market probability of 68% for this event.

📉 #BTC Bitcoin Price — Entering a Cheap Zone
Bitcoin's MVRV is currently at 1.1, sitting just above the green undervaluation zone that has historically marked major market bottoms.
$BTC