SoSo Daily Jun 11 | Data: A certain whale's 20x Bitcoin long position value has increased to over 300 million USD, with unrealized profits exceeding 4.60 million USD

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Resolv. As of 12:00 today, its market cap is 51.37M, with a coin price of 0.36460 USD, witnessing a 24-hour increase of 356%.
The second is DinoLFG. As of 12:00 today, its coin price is 0.0045897 USD, with a 24-hour increase of 166%.
The third is Witnet. As of 12:00 today, its coin price is 0.0013503 USD, showing a 24-hour increase of 143%.
In fourth place is ADreward. As of 12:00 today, its coin price is 0.0000042890 USD, with a 24-hour rise of 83.4%.
In fifth place is Aura Network. As of 12:00 today, its coin price is 0.0066130 USD, increasing by 68.1% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to ChainCatcher news and monitoring by Onchain Lens, a certain whale has continued to increase its 20x long Bitcoin position, which is currently valued at over 300 million USD, with unrealized profits exceeding 4.60 million USD. The current position is 2,817.58 $BTC, with a liquidation price of 105,780 USD.
Next news:Bullish, a cryptocurrency exchange backed by billionaire Peter Thiel, has confidentially filed for an initial public offering (IPO) in the United States, according to the Financial Times. The filing was made with the Securities and Exchange Commission recently, allowing Bullish to prepare for its public listing without immediate disclosure of financial details. Jefferies is expected to be the lead underwriter for the IPO. Bullish is a regulated global crypto exchange with tier-1 licenses and acquired crypto media outlet CoinDesk in November 2023. The company previously attempted an IPO via a special purpose acquisition company in 2021 but did not proceed. This planned IPO follows the recent successful debut of Circle, whose stock surged nearly 200% on its first day. The Block has sought comment from Bullish.
Next news:

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 431.12M USD yesterday (Eastern Time, June 10th).

The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 336.74M USD, and the total historical net inflow of IBIT currently stands at 49.11B USD.

The second highest was Fidelity's ETF FBTC, with a daily net inflow of 67.07M USD, and the total historical net inflow of FBTC currently stands at 11.68B USD.

The Bitcoin Spot ETF with the highest net outflow yesterday was Bitwise's ETF BITB, with a daily net outflow of 597.27K USD, and the total historical net inflow of BITB currently stands at 2.04B USD.

As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 132.83B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.08%. The historical cumulative net inflow has reached 45.06B USD.

Next news:ChainCatcher reports that according to Onchain Lens monitoring data, a whale withdrew 1,997 $ETH from the Bybit exchange, which is approximately equivalent to 5.74 million USD at the current market value.
Next news:According to ChainCatcher, citing CCTV News, the first meeting of the China-US Economic and Trade Consultation Mechanism was held in London, UK. The Chinese side reiterated that both parties should move towards each other, keep their promises, and act decisively. They should demonstrate a spirit of integrity in honoring commitments and make practical efforts to fulfill consensus actions, jointly safeguarding the hard-won dialogue achievements, maintaining ongoing communication and dialogue, promoting steady and long-term development of China-US economic and trade relations, and injecting more certainty and stability into the global economy.
Next news:According to ChainCatcher, as reported by Techfundingnews, London-based fintech infrastructure platform OpenTrade has completed a $7 million strategic funding round led by Notion Capital and Mercury Fund, with participation from AlbionVC, a16z crypto, and CMCC Global. OpenTrade enables fintech companies to directly embed real-world asset (RWA)-based stablecoin yield products into existing applications, transforming stablecoins from passive payment tools into active savings tools with annual interest rates of up to 3-9%. Since its launch in early 2024, OpenTrade has processed over $175 million in transaction volume and manages $47 million in client assets, achieving an average monthly growth rate of 20% over the past six months.
Next news:The U.S. Securities and Exchange Commission (SEC) has requested the proposed spot Solana Exchange-Traded Fund (ETF) issuers to update their S-1 filings, indicating that approval may be imminent. Following the approval of spot Bitcoin and Ethereum ETFs last year, many companies have submitted fund proposals tracking cryptocurrencies such as SOL and XRP. Although analysts believe altcoin funds have a higher probability of approval, the SEC has not yet approved any such funds. Bloomberg senior ETF analyst Eric Balchunas expects the Solana spot ETF to be approved within two to four months. Solana's price rose by 4% following the release of the relevant news, and related company stocks also saw gains. Several companies declined to comment further.
Next news:ChainCatcher news, according to JIN10 data report, US President Trump: (when asked if he could reconcile with Musk) I think so.
Next news:ChainCatcher news, according to Jin10 Data, U.S. President Trump stated: The federal appeals court has just ruled that the United States can use tariff measures. The ruling is a significant and important victory for the United States.
Next news:

According to data from SoSoValue, Ethereum spot ETFs recorded a total net inflow of $125 million on June 10 (ET).

The ETF with the largest single-day net inflow was BlackRock’s ETHA, which brought in $80.59 million. ETHA’s cumulative net inflow has now reached $4.971 billion.
Fidelity’s ETF FETH followed, recording a net inflow of $26.32 million, bringing its cumulative total to $1.555 billion.

As of the time of writing, the total net asset value (NAV) of Ethereum spot ETFs stands at $10.65 billion, representing 3.18% of Ethereum’s total market capitalization. The cumulative net inflow has reached $3.504 billion.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.