99% of BTC holders are currently profitable. An ICO whale sells 501 ETH again

Bitcoin

Analysis: The dormant Bitcoin whale for 14 years is suspected to be an independent miner in 2011

According to Coinbase director Conor Grogan, the "dormant Bitcoin whale for 14 years" who transferred 50,000 BTC today seems to be an independent miner from 2011. It once collected mining rewards for 180 blocks and had an address containing 200,000 Bitcoins in 2011, which is worth about $22 billion today. This is one of the top five wallets in history.

Data: As of July 2025, only 47.3% of the 2.4 million Bitcoins held by exchanges are backed by proof of reserves

According to Bitcoin.com News, as of July 2025, only 47.3% of the 2.4 million Bitcoins held by exchanges are backed by proof of reserves, which means that there are still 1.25 million Bitcoins that have not been verified.

An independent Bitcoin miner successfully packaged block 903,883 and captured 3.173 BTC in revenue

According to mempool data, this morning an independent Bitcoin miner successfully packaged block 903,883 and received 3.173 BTC block rewards, equivalent to approximately $350,000.

Data: 99% of Bitcoin holders are currently in a profitable state

Sentora (formerly IntoTheBlock) posted on the social platform that as the price of Bitcoin gradually approaches its historical high, 99% of the holders are currently in a profitable state.

Riot Platforms: Mining output of 450 BTC in June, total Bitcoin holdings increased to 19,273

Nasdaq-listed Bitcoin mining company Riot Platforms released an unaudited production and operation update report for June 2025, which disclosed that mining output in June was 450 BTC, a decrease from the mining output of 514 BTC last month, a decrease of 12% month-on-month. In addition, the company sold 397 BTC last month, and the total Bitcoin holdings have increased to 19,273.

Ethereum

The Ethereum Foundation has transferred 1,000 ETH internally to the relevant address

According to PeckShield monitoring, the Ethereum Foundation has transferred 1,000 ETH (worth about $2.6 million) internally to the relevant address 0xc061...0B6d. The address currently holds 15,000 ETH (worth about $39 million).

An Ethereum ICO whale sold 501 ETH again and still holds 2,410 ETH

According to Lookonchain monitoring, an early investor who participated in the Ethereum initial coin offering (ICO) sold another 501 ETH 9 hours ago. He purchased a total of 16,000 ETH through two wallets during the Ethereum Genesis phase, at a cost of $4,960, with an average price of about $0.31. Later in 2017, he bought 804 ETH through exchanges at a price of $459 each (cost $369,000). Since April 2021, he has sold a total of 14,394 ETH, cashing out about $50.11 million, with an average selling price of $3,482 per ETH. He currently still holds about 2,410 ETH, which is about $5.85 million at the current price. The total profit is $55.6 million, with a return rate of up to 149 times.

The Ethereum Foundation has recently transferred 1,000 ETH to the multi-signature wallet every day, and has transferred a total of 13,000 ETH

According to Lookonchain monitoring, the Ethereum Foundation has recently transferred 1,000 ETH (about $2.46 million) to the multi-signature wallet 0xc061 every day, and has now transferred a total of 13,000 ETH (about $32 million).

The ETH/BTC futures trading volume ratio is approaching 1:1, reflecting the market's confidence in Ethereum

According to The Block, the ETH/BTC futures trading volume ratio has risen to 98%, close to its historical high, significantly higher than the low of 42% in October 2024. This shows that investors' confidence in the Ethereum ecosystem is recovering, mainly benefiting from the popularization of Layer2 expansion solutions, the growth of on-chain DeFi activities, and the foundation's focus on strategic promotion.

Other Projects

BitMine Announces $250 Million Private Placement to Implement Ethereum Financial Strategy

BitMine announces the pricing and signing of a private placement agreement to purchase and sell 55,555,556 common shares (or common stock equivalents in lieu thereof) at $4.50 per share, with expected total proceeds of approximately $250 million, net of placement agent fees and other offering expenses (funded in a combination of cash and cryptocurrency), to implement Ethereum financial strategy. The transaction was led by MOZAYYX, with participation from investors including Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and ThomasLee. The offering is expected to close on or about July 3, 2025, subject to customary closing conditions, including, but not limited to, the approval of the supplemental listing application by the New York Stock Exchange American Division. The Company intends to use the net proceeds from the offering to acquire Ethereum and to invest ETH in the Company's financial operations. ETH will serve as the Company's primary financial reserve asset.

Russian state-owned giant Rostec plans to launch a stablecoin and payment platform with the ruble on Tron

Russian state-owned giant Rostec announced that it will launch a stablecoin RUBx and a payment platform RT-Pay on the Tron blockchain, which is 1:1 anchored to the ruble. As a core enterprise of the Russian military-industrial complex, the group will serve as the only issuer and operator of RUBx, and maintain the anchor value through the "real debt of the ruble" stipulated by law. The RT-Pay system will directly connect to the Russian bank settlement network, support real-time transfers and smart contract fund locking for enterprises and individuals, and claim to comply with anti-money laundering and central bank regulatory requirements. The project code will be open sourced to GitHub and will be audited by CertiK. This move comes at a time when the Russian Central Bank is simultaneously piloting the digital ruble, and has recently allowed financial institutions to provide crypto-related products to qualified investors.

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 built for cryptocurrencies and technology startups.

Ondo Finance: Ondo Global Markets, a US stock platform on the chain, will be launched this summer

According to the official announcement, Ondo Finance posted on the X platform that it will launch Ondo Global Markets, a US stock platform on the chain, this summer. It will first put more than 100 US stocks on the chain and expand to thousands by the end of the year.

Deutsche Bank's DWS will launch a German-regulated euro stablecoin under MiCA rules

Deutsche Bank's asset management company DWS, market makers Galaxy and Flow Traders will launch a German-regulated euro stablecoin under MiCA rules.

Circle announced the launch of Circle Gateway, a developer service

Circle announced the launch of Circle Gateway, a developer service, with the goal of achieving unified USDC balances, instant cross-chain liquidity and other functions. There is no need for cross-chain pre-funding or rebalancing. Only one integration is needed to meet the needs of multiple chains. Users retain full control and can withdraw without permission. Base, Ethereum and other test networks will be launched this month.