Bhutan’s government transferred 738 BTC worth $45,000,000.00 to a new wallet.
The Royal Government of Bhutan transferred 738 BTC, valued at $45.00 million, to a newly created wallet.
[Odaily]
Bitcoin Spot ETF saw a total net outflow of 325.70M USD yesterday, with Morgan Stanley’s ETF MSBT leading with a net inflow of 4.28M USD
According to SoSoValue data, Bitcoin spot ETF saw a total net outflow of 325.70M USD yesterday (Eastern Time, June 5th).
The Bitcoin Spot ETF with the highest net inflow yesterday was Morgan Stanley’s ETF MSBT, with a daily net inflow of 4.28M USD, and the total historical net inflow of MSBT currently stands at 267.89M USD.
The second highest was VanEck’s ETF HODL, with a daily net inflow of 4.22M USD, and the total historical net inflow of HODL currently stands at 1.15B USD.
The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock’s ETF IBIT, with a daily net outflow of 213.65M USD, and the total historical net inflow of IBIT currently stands at 62.47B USD.
As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 75.12B 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 53.94B USD.
Source: https://sosovalue.com/zh/assets/etf/us-btc-spot
Apyx temporarily withdraws most protocol liquidity, citing STRC’s inability to trade over the weekend
Dividend-backed stablecoin protocol Apyx announced that to protect existing users and ensure fair treatment for all holders, it has temporarily withdrawn most of the protocol’s own liquidity during US stock market closures.
Apyx stated that since STRC cannot be traded over the weekend, the protocol cannot actively manage its exposure or trade the underlying asset. Maintaining normal liquidity could lead to a significant deviation between the secondary market price and the Net Asset Value (NAV) of the underlying collateral, potentially benefiting or harming some users.
Apyx said it plans to restore liquidity and resume normal market operations before the US stock market reopens on June 8.
[Odaily Planet Daily]
Bitdeer currently maintains zero holdings, selling 205.3 BTC this week.
Nasdaq-listed Bitcoin mining company Bitdeer released its latest Bitcoin holdings data on the X platform. As of the week ending June 5, its Bitcoin mining output was 205.3 BTC.
However, it sold 205.3 BTC during the same period, resulting in a net increase of 0 BTC, and currently maintains zero Bitcoin holdings.
[Odaily]
HTX has launched ZEST and BTW perpetual contracts.
June 6th news, according to an official announcement, Huobi HTX launched ZEST/USDT and BTW/USDT perpetual contracts on June 5th, with a maximum leverage of 10x for both.
[PANews]
The cryptocurrency travel platform Travala allows AI agents to book hotel accommodations using USDC
On June 6, according to Valuethe Markets, Travala, a Singapore-based cryptocurrency travel platform, launched the Travel MCP protocol, enabling AI agents to book and pay for hotel accommodations using USDC on Coinbase’s Base network.
Travala stated that payments are processed via Coinbase’s x402 protocol, enabling gas-free USDC transactions with near-instant settlement and transaction costs of approximately $0.01.
[PANews]
a16z-affiliated entities purchased over 90,000 HYPE tokens in the past 10 hours, and have bought 6.996 million HYPE tokens this year.
On June 6, according to on-chain analyst Ai Auntie’s monitoring, a16z-affiliated entities accumulated an additional 90,091 HYPE tokens over the past 10 hours, valued at $5.238 million.
The total amount of HYPE accumulated since 2026 has reached 6,996,000 tokens, with a total value of $327 million and an average purchase price of $46.85 per token.
[PANews]
U.S. Central Command denied that the Fifth Fleet headquarters was damaged, stating that Iranian missiles and drones had been intercepted.
U.S. Central Command stated that there are currently no reports of U.S. personnel injuries and labeled Iran’s claim about damaging the U.S. Fifth Fleet Headquarters in Bahrain as false.
Additionally, U.S. Central Command stated that it has successfully intercepted missiles and drones launched by Iran.
[GoldTen]
Bitdeer currently maintains zero holdings, selling 205.3 Bitcoin this week.
Bitdeer, a Bitcoin mining company listed on Nasdaq, released its latest Bitcoin holdings data. Its Bitcoin mining output for the week ending June 5 was 205.3 BTC.
However, it sold 205.3 BTC during the same period, resulting in a net addition of 0 BTC, and it continues to hold zero BTC.
[Foresight News]
A certain whale, dormant for 3 years, bought approximately 54,000 ETH through leveraged looping.
On June 6, according to Onchain Lens monitoring, a dormant “whale” address “0x280″—inactive for 3 years—deposited 38,550 ETH into Aave V3, borrowed $90 million USDT, and used looping borrowing to purchase 54,092 ETH at an average price of $1,664.
The whale’s address currently holds a total of 92,646 ETH, with an aggregate value of approximately $146.55 million.
[PANews]
Cathie Wood: In the next phase of this cycle, the economy may accelerate, inflation may decline, interest rates may fall, and the U.S. dollar may strengthen.
ARK Invest CEO Cathie Wood posted on X, stating that the latest employment report was stronger than expected, with nonfarm payrolls increasing by 172,000—well above the market expectation of 88,000—and prior-month data revised upward by 93,000. Wage growth was approximately 0.3%.
Cathie Wood noted that current productivity growth is nearing 3%, while unit labor costs stand at roughly 0.5%. The bond market appears to be pricing in the deflationary impact of technological innovation—particularly as AI begins boosting productivity across economic sectors. If tensions with Iran ease and oil prices decline, she believes inflation could enter negative territory before year-end.
The next phase of this cycle may feature accelerated economic growth, declining inflation, lower interest rates, and a stronger U.S. dollar.
[Odaily]
Ethereum co-founder Joseph Lubin’s associated address transferred 80,000 ETH, valued at approximately $121.6 million.
According to Lookonchain monitoring, an address associated with Ethereum co-founder Joseph Lubin transferred out 80,001 ETH after being dormant for over 3 years, valued at approximately $121.6 million.
The address holds 243,300 ETH, valued at approximately $370.0 million.
[Foresight News]
Unrealized losses both exceed $10 billion, with Strategy and Bitmine currently having unrealized losses of $12.456 billion and $10.362 billion respectively.
On-chain analyst Yu Jin posted on X, stating that Michael Saylor’s Strategy currently has an unrealized loss of $12.456 billion, representing a 19.5% loss; Tom Lee’s Bitmine currently has an unrealized loss of $10.362 billion, representing a 54.9% loss.
Bitmine’s ETH holdings have incurred an unrealized loss exceeding 50%, whereas Strategy’s unrealized loss ratio is approximately 20%, yet the absolute loss amount has already surpassed that of Bitmine.
[Odaily]
The whale “7 Siblings” spent $18,030,000.00 to purchase 11,759.00 ETH.
June 6th news, according to Onchain Lens monitoring, the whale “7 Siblings” once again spent $18.03 million to buy 11,759 ETH.
Currently, this whale still holds 10 million USDS, and may continue to buy ETH.
[PANews]
Today’s Market Pulse
The market reveals stark divergence between whale accumulation in Ethereum and institutional outflows from Bitcoin ETFs, suggesting selective positioning ahead of potential macroeconomic shifts.
Key Themes
Institutional Divergence
Despite Bitcoin Spot ETFs posting a collective net outflow of $325.70M, selective institutional interest persists with Morgan Stanley’s MSBT and VanEck’s HODL experiencing inflows. This contrasts with significant unrealized losses for major holders like Michael Saylor’s Strategy ($12.5B) and Tom Lee’s Bitmine ($10.4B), indicating a bifurcation in institutional sentiment and strategy.
ETH Accumulation Surge
Large-scale ETH movements dominate on-chain activity, with a dormant whale acquiring 54,000 ETH through leveraged positions, Joseph Lubin transferring 80,000 ETH valued at $121.6M, and the “7 Siblings” whale purchasing 11,759 ETH. Simultaneously, a16z-affiliated entities continue accumulating HYPE tokens, suggesting confidence in specific altcoins despite broader market uncertainty.
Corporate Treasury Realignment
Bitdeer‘s strategic decision to sell all 205.3 BTC mined this week, maintaining zero Bitcoin holdings, signals a significant corporate treasury shift. This contrasts with Bhutan’s government transferring $45M worth of BTC to a new wallet, highlighting different approaches to Bitcoin as a reserve asset among institutional holders.
Macro Crosscurrents
Cathie Wood‘s analysis suggests potential economic acceleration, declining inflation, and a stronger USD, creating a complex backdrop for crypto markets. Meanwhile, Travala‘s integration of AI agents for USDC bookings and HTX‘s new perpetual contracts demonstrate continued innovation despite market volatility.
RichSilo Verdict
Sophisticated investors should monitor the divergence between whale accumulation patterns and ETF flows as a leading indicator of market sentiment shifts. The potential catalyst lies in whether macroeconomic conditions align with Wood’s thesis, potentially creating a stronger fundamental case for crypto adoption. Key risks include further ETF outflows exacerbating selling pressure and unresolved geopolitical tensions that could trigger risk-off behavior across all asset classes.
