MyToken data monitoring shows that on 【June 9th, 18:45】 (Beijing Time), an address starting with 【0x3b98】 transferred 【225398868.7 USDT】 to an address starting with 【0xdac1】, with a total value of approximately 【223.37 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

According to Odaily Planet Daily, market maker Wintermute released its weekly market analysis report, stating that Bitcoin fell below $62,000 last week, a weekly drop of approximately 14%, hitting a new low since September 2024. Wintermute believes that although Strategy founder Michael Saylor's disclosure of the sale of 32 BTC attracted market attention, the transaction size was negligible. The real reason for the market weakness was the continued reduction of positions by US institutional investors and the outflow of funds from spot Bitcoin ETFs. Wintermute pointed out that the US added 172,000 non-farm jobs in May, far exceeding the market expectation of approximately 80,000, while job openings rose to a near two-year high, and the services price index reached a new high since August 2022. Strong economic data weakened market expectations for a Federal Reserve rate cut, pushing the 10-year US Treasury yield up to 4.55%, creating a "good news is bad news" macroeconomic environment that put pressure on risk assets. Meanwhile, the rally in AI concept stocks slowed, with the Nasdaq falling 4.7% for the week and the S&P 500 recording its first weekly decline since March. Wintermute believes that the AI sector correction, rising yields, and the upcoming SpaceX IPO collectively weakened market risk appetite. In the crypto market, the US spot Bitcoin ETF saw net outflows for 10 consecutive trading days as of May 30, accumulating approximately $2.97 billion in outflows. May's net outflows reached $2.43 billion, marking the worst monthly performance since 2026. Wintermute OTC data shows that retail funds continue to flow into US stocks, while US institutional investors have recently turned bearish and led the sell-off. However, Wintermute believes there are also positive signals in the market, including long-term funds gradually building positions at current prices, and from a more than one-year perspective, Bitcoin's risk-reward ratio is becoming more attractive. The report points out that SpaceX's IPO on June 12 will be an important indicator of market risk appetite. If the issuance is successfully digested, it may help boost market sentiment; otherwise, it may exacerbate the pressure on risky assets.

MyToken data monitoring shows that on 【June 9th, 18:43】 (Beijing Time), an address starting with 【0xb0a2】 transferred 【225398868.7 USDT】 to an address starting with 【0xdac1】, with a total value of approximately 【223.37 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

Zodia Custody, an institutional-grade digital asset custody platform, announced that it has obtained a payment institution license from the Luxembourg financial regulator CSSF (Commission de Surveillance du Secteur Financier), enabling it to compliantly provide custody and transfer services for electronic money tokens (EMTs, i.e., stablecoins) within the European Union. Zodia Custody stated that this approval is a further expansion of its existing MiCA license, enhancing its digital asset service capabilities for institutional clients. The company believes that as stablecoins are increasingly used in payment settlement, liquidity management, and corporate treasury operations, stablecoin custody and transfer capabilities will become a core feature for digital asset infrastructure providers. Founded in 2020, Zodia Custody focuses on the institutional client market, with shareholders including Standard Chartered Bank, Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank. With this Luxembourg license, Zodia Custody has obtained relevant regulatory approvals in multiple jurisdictions, including the UK, UAE, Hong Kong, Singapore, Australia, and the EU. (The Block)

Bitcoin briefly fell below $60,000 last week, marking its worst weekly performance since the FTX exchange crash in 2022. In the seven days ending last Sunday, Bitcoin fell 16%, a more than 50% pullback from its all-time high of over $126,000 in 2025. Several market analysts warned that the current rebound may be unsustainable, and Bitcoin may not have yet reached the bottom of this cycle. Griffin Ardern, co-founder of Primal Fund, stated that the market is still quite far from the "true bottom." Data shows that the US spot Bitcoin ETF has recorded net outflows for 13 consecutive trading days, with a cumulative outflow of approximately $5.5 billion. Meanwhile, Bitcoin broke below the 200-week moving average, widely considered a key support level, further weakening market confidence. Paul Howard, senior director at crypto trading firm Wincent, described the current market as a "silent bear market," believing that breaking below the 200-week moving average is a significant confirmation signal that the market has entered a bear market phase. Analysts point out that the ongoing conflict between the US and Iran, the reversal of expectations for a Federal Reserve rate cut, and strong US employment data are driving the market to repric the interest rate path. A high-interest-rate environment is unfavorable for the performance of risk assets, including crypto assets. Furthermore, some funds are flowing from the crypto market to artificial intelligence and technology stocks. Nevertheless, the current correction is still less severe than in historical bear market cycles. In past bear markets, Bitcoin typically retraced about 80% from its highs, while this round of decline is about 50%. Some traders believe that if the macroeconomic environment continues to deteriorate and companies holding large amounts of Bitcoin face financing pressures, the market still faces further downside risks. (Bloomberg)