Bitcoin
Analysis: Bitcoin Whale Dormant for 14 Years Suspected to Be an Independent Miner from 2011
According to Coinbase executive Conor Grogan, the "Bitcoin whale dormant for 14 years" who transferred 50,000 BTC today appears to be an independent miner from 2011. The miner had collected mining rewards from 180 Blocks and owned an address containing 200,000 Bitcoins in 2011, worth approximately $22 billion today, making it one of the top five wallets in history.
Data: As of July 2025, Only 47.3% of 2.4 Million Bitcoins Held by Exchanges Have Proof of Reserves
According to Bitcoin.com News, as of July 2025, only 47.3% of the 2.4 million Bitcoins held by exchanges have proof of reserves, meaning 1.25 million Bitcoins remain unverified.
An Independent Bitcoin Miner Successfully Packed Block 903,883, Capturing 3.173 BTC Reward
According to mempool data, an independent Bitcoin miner successfully packed Block 903,883 this morning, obtaining a Block reward of 3.173 BTC, approximately $350,000.
Data: 99% of Bitcoin Holders Currently Profitable
Sentora (formerly IntoTheBlock) posted on social platforms that as Bitcoin price approaches its all-time high, 99% of holders are currently in a profitable state.
Riot Platforms: Mined 450 BTC in June, Total Bitcoin Holdings Increased to 19,273 BTC
Nasdaq-listed Bitcoin mining company Riot Platforms released an unaudited production and operational update for June 2025, disclosing a mining output of 450 BTC in June, a 12% decrease from the previous month's 514 BTC. Additionally, the company sold 397 BTC last month, with total Bitcoin holdings now increased to 19,273 BTC.
Ethereum
Ethereum Foundation Internally Transferred 1,000 ETH to Related Address
According to PeckShield monitoring, the Ethereum Foundation has internally transferred 1,000 ETH (worth approximately $2.6 million) to the related address 0xc061...0B6d. This address currently holds 15,000 ETH (worth approximately $39 million).
An Ethereum ICO Whale Sells 501 ETH Again, Still Holding 2,410 ETH
According to Lookonchain monitoring, an early investor in Ethereum's Initial Coin Offering (ICO) sold 501 ETH 9 hours ago. During Ethereum's genesis stage, he purchased 16,000 ETH through two wallets at a cost of $4,960, with an average price of about $0.31. Later, in 2017, he bought 804 ETH through an exchange at $459 per ETH (cost $369,000). Since April 2021, he has cumulatively sold 14,394 ETH, cashing out approximately $50.11 million, with an average selling price of $3,482 per ETH. He currently holds about 2,410 ETH, worth approximately $5.85 million at current prices. His total profit is $55.6 million, with a return of 149 times.
Ethereum Foundation Recently Transferring 1,000 ETH Daily to Multisig Wallet, Accumulated 13,000 ETH
According to Lookonchain monitoring, the Ethereum Foundation has been transferring 1,000 ETH (approximately $2.46 million) daily to the multisig wallet 0xc061, currently accumulating 13,000 ETH (approximately $32 million).
ETH/BTC Futures Trading Volume Ratio Approaching 1:1, Reflecting Renewed Confidence in Ethereum
According to The Block, the ETH/BTC futures trading volume ratio has risen to 98%, close to its historical high and significantly higher than the 42% low in October 2024. This indicates that investor confidence in the Ethereum ecosystem is recovering, mainly benefiting from the proliferation of Layer2 scaling solutions, increased on-chain DeFi activity, and the foundation's strategic focus.
Other Projects
BitMine Announces Private Placement of $250 Million to Implement Ethereum Financial Strategy
BitMine announced pricing and signing a private placement agreement to purchase and sell 55,555,556 common shares (or equivalent) at $4.50 per share, with expected total proceeds of approximately $250 million, to implement an Ethereum financial strategy. The transaction was led by MOZAYYX, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management, and ThomasLee. The issuance is expected to be completed around July 3, 2025, subject to customary closing conditions. The company plans to use the net proceeds to acquire Ethereum and invest ETH in the company's financial operations as the primary financial reserve asset.
Russian State Giant Rostec Plans to Launch Ruble Stablecoin and Payment Platform on Tron
Russian state giant Rostec announced the launch of RUBx, a stablecoin pegged 1:1 to the ruble, and the RT-Pay payment platform on the Tron blockchain. As a core enterprise of the Russian military-industrial complex, the group will be the sole issuer and operator of RUBx, maintaining its pegged value through legally defined "ruble actual debt". The RT-Pay system will directly connect to the Russian banking settlement network, supporting real-time transfers and smart contract fund locking for businesses and individuals, claiming compliance with anti-money laundering and central bank regulations. The project code will be open-sourced on GitHub and audited by CertiK.
Peter Thiel Plans to Launch Digital Bank Erebor with Anduril Founder
PayPal co-founder Peter Thiel and Anduril founder Palmer Luckey are launching Erebor, a digital bank designed for cryptocurrency and tech startups.
Ondo Finance: To Launch On-Chain US Stock Platform Ondo Global Markets This Summer
According to an official announcement, Ondo Finance posted on X that they will launch the on-chain US stock platform Ondo Global Markets this summer, initially putting over 100 US stocks on-chain and expanding to thousands by year-end.
DWS Under Deutsche Bank to Launch Euro Stablecoin Regulated by German Rules
Deutsche Bank's asset management company DWS, market maker Galaxy, and Flow Traders will launch a Euro stablecoin regulated under German MiCA rules.
Circle Announces Developer Service Circle Gateway
Circle announced the launch of the developer service Circle Gateway, aiming to achieve unified USDC balance and instant cross-chain liquidity without the need for cross-chain pre-funding or rebalancing. Users can integrate once to meet demands across multiple chains, retaining full control and permissionless withdrawal. The service will go live on testnets like Base and Ethereum this month.
