BlackRock has withdrawn 2152 BTC worth approximately $140 million from Coinbase Prime in the past hour, which is typically related to new BTC entering the fund. (Onchain Lens)
Short term holders are taking profits at the May peak trading volume after buying near the recent low point, while long-term holders are experiencing losses. The two forces are jointly forming selling pressure during the current price recovery period. (glassnode)
According to Onchain Lens monitoring, Arthur Hayes received 646.33 ETH worth $1.24 million from Galaxy Digital and transferred 1.25 million USDC to FalconX.
The Federal Reserve's overnight reverse repurchase agreement (RRP) usage scale on Wednesday was $151 million, compared to $278 million on the previous trading day.