SoSo Daily Jun 10 | 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
SoSo NewsletterJun 10, 2025
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on June 10, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.54 trillion US dollars, witnessing a slight decrease of 0.348% compared to yesterday; the total trading volume is 142.17 billion US dollars, marking a significant increase of 47.3% from the previous day.
Cryptocurrency Market Update - June 10, 2025
According to sosovalue, the price of $BTC is 108,720 USD, an increase of 0.351% from yesterday. The market cap of $BTC is 2.16 trillion USD, accounting for 61% of the total market cap; $BTC's 24-hour trading volume is 39.99 billion USD, making up 28.1% of the total trading volume.
The price of $ETH is 2,740.5 USD, up 6.56% from yesterday; the market cap of $ETH is 330.84 billion USD, representing 9.34% of the total market cap; $ETH's 24-hour trading volume is 32.43 billion USD, comprising 22.8% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 70.34% of the total cryptocurrency market cap, and their combined trading volumes constitute 50.9% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is HOME. As of 17:50 today, its market cap is 62.86M USD, with a coin price of 0.023110 USD, witnessing a 24-hour increase of 5680%.
The second is Resolv. As of 17:50 today, its coin price is 0.37340 USD, with a 24-hour increase of 367%.
The third is DinoLFG. As of 17:50 today, its coin price is 0.0018610 USD, showing a 24-hour increase of 70%.
In fourth place is Axelar. As of 17:50 today, its coin price is 0.52710 USD, with a 24-hour rise of 59.6%.
In fifth place is LootBot. As of 17:50 today, its coin price is 0.0023890 USD, increasing by 41.3% over the last 24 hours.
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is HOME. As of 17:50 today, its market cap is 62.86M USD, with a coin price of 0.023110 USD, witnessing a 24-hour increase of 5680%.
The second is Resolv. As of 17:50 today, its coin price is 0.37340 USD, with a 24-hour increase of 367%.
The third is DinoLFG. As of 17:50 today, its coin price is 0.0018610 USD, showing a 24-hour increase of 70%.
In fourth place is Axelar. As of 17:50 today, its coin price is 0.52710 USD, with a 24-hour rise of 59.6%.
In fifth place is LootBot. As of 17:50 today, its coin price is 0.0023890 USD, increasing by 41.3% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, DeFi, $ETH, and Layer2 sectors are worth mentioning.
DeFi sector has risen 8.1% relative to the UTC 0 time, led by gains in $HOME (5870%), $RESOLV (356%), and $axl (61.7%).
$ETH sector has increased 6.58% relative to UTC 0, with $eth (6.58%) leading the rise.
Layer2 sector has risen 5.5%, with arb (12.8%), SAVM (12.4%), and op (11.8%) leading the rise.
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:According to ChainCatcher news and on-chain analyst Ai Yi's monitoring, a certain whale has liquidated 5,002 $ETH bought on-chain between June 1 and 5 at an average price of $2,580, selling at an average price of $2,625.76, making a profit of $231 thousand.
Next news:According to ChainCatcher, official sources report that the UK-listed company Smarter Web Company has increased its treasury by 45.32 BTC. After this acquisition, the company's total $BTC holdings have reached 168.08 BTC.
Next news:American Bitcoin, a US-based Bitcoin mining company supported by Eric Trump and Donald Trump Jr., has purchased at least 215 bitcoins valued at nearly 24 million USD before May 31. This marks the company's first large-scale Bitcoin acquisition since announcing its Bitcoin treasury strategy, inspired by Michael Saylor. The Trump sons co-founded American Bitcoin in partnership with Bitcoin mining company Hut 8. The company plans to go public in the second half of this year through a SPAC merger with Gryphon Digital Mining, with the stock ticker ABTC. The company's primary goal is to establish efficient operations that produce Bitcoin below market cost to support ongoing Bitcoin treasury purchases and ecosystem leadership. As of the end of May, ABTC has one full-time employee and operates three facilities located in Niagara Falls, New York; Medicine Hat, Alberta, Canada; and Orla, Texas, through a service agreement with Hut 8.
Next news:The original content contains error information and cannot generate a valid news summary.
Next news:French banking giant Société Générale has announced plans to launch a US dollar-pegged stablecoin named USD CoinVertible (USDCV) on the Ethereum and Solana blockchains, potentially becoming the first major European bank to introduce such a product. The stablecoin will be issued through Société Générale's crypto subsidiary SG-Forge, with custody services provided by BNY Mellon in New York. USDCV follows SG-Forge's launch of the euro stablecoin EURCV in April this year. SG-Forge CEO Jean-Marc Stenger stated that launching a dollar-backed stablecoin is a natural next step, given the US dollar's dominance in the global stablecoin market. Both stablecoins comply with the European Markets in Crypto-Assets (MiCA) regulation and are issued as authorized Electronic Money Tokens (EMT). This release reflects the growing interest of traditional financial institutions in stablecoins. The stablecoin market surpassed 250 billion USD for the first time this month, primarily dominated by Tether (USDT) and Circle (USDC). Globally, regulatory progress continues, including legislative developments in the United States and South Korea.
Next news:Binance announced that users with Alpha points reaching 239 can claim an airdrop of 400 $RESOLV tokens.
Next news:ChainCatcher news: Michael Saylor responded to the topic of "Apple's stock repurchase plan" by stating, "Apple should buy Bitcoin."
Next news:Background Information: Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, recently launched Digital Commercial Paper (DCP) on Ripple's $XRP Ledger (XRPL), providing institutional investors with access to short-term debt instruments through a decentralized finance network.Key Events:- The DCP is issued and tokenized by fintech startup Zeconomy, backed by U.S. Treasury bonds, leveraging XRPL's round-the-clock trading capability, fast settlement, and low transaction costs.- Ripple will invest 10 million USD in Guggenheim's DCP project.- The DCP offers bankruptcy isolation services through a special purpose vehicle, Great Bridge Capital Co., established by Guggenheim Treasury Services, and Moody's has assigned the product the highest Prime-1 rating.- This issuance on XRPL expands Guggenheim's previously launched tokenized debt product on Ethereum, which has issued approximately 20.50 million USD of DCP since its launch in September 2024.Industry Background and Impact:- Guggenheim's entry into XRPL reflects growing institutional interest in tokenized Real World Assets (RWA).- Binance research shows that tokenized RWA is expected to grow by more than 260% in the first half of 2025, with market size increasing from about 8.30 billion USD to over 23 billion USD.- Tokenized private credit, U.S. Treasury bonds, and commodities dominate, with a combined market value of approximately 22.80 billion USD.- Wall Street giants such as BlackRock and Franklin Templeton are actively competing for market share in RWA, with BlackRock's digital liquidity fund (BUIDL), issued via Securitize, being the largest single RWA product in decentralized finance, valued at over 2.80 billion USD.Special Notice: This article contains information related to SoSoValue.
Next news:ChainCatcher news reports that, according to Eleanor Terrett, ahead of the review of the revised CLARITY Act (Cryptocurrency Market Structure Act) today by the U.S. House Financial Services Committee and Agriculture Committee, some industry insiders have expressed concerns about the newly added clause. This clause, referred to as the "Gensler Era Clause," proposes to revoke the exemption for existing tokens and instead grant the SEC case-by-case authority to determine whether each token qualifies as a security. Critics point out that this approach may exacerbate market uncertainty and runs counter to the original legislative intent.
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.
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SoSo Daily Jun 10 | 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
SoSo NewsletterJun 10, 2025
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on June 10, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.54 trillion US dollars, witnessing a slight decrease of 0.348% compared to yesterday; the total trading volume is 142.17 billion US dollars, marking a significant increase of 47.3% from the previous day.
Cryptocurrency Market Update - June 10, 2025
According to sosovalue, the price of BTC is 108,720 USD, an increase of 0.351% from yesterday. The market cap of BTC is 2.16 trillion USD, accounting for 61% of the total market cap; BTC's 24-hour trading volume is 39.99 billion USD, making up 28.1% of the total trading volume.
The price of ETH is 2,740.5 USD, up 6.56% from yesterday; the market cap of ETH is 330.84 billion USD, representing 9.34% of the total market cap; ETH's 24-hour trading volume is 32.43 billion USD, comprising 22.8% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 70.34% of the total cryptocurrency market cap, and their combined trading volumes constitute 50.9% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is HOME. As of 17:50 today, its market cap is 62.86M USD, with a coin price of 0.023110 USD, witnessing a 24-hour increase of 5680%.
The second is Resolv. As of 17:50 today, its coin price is 0.37340 USD, with a 24-hour increase of 367%.
The third is DinoLFG. As of 17:50 today, its coin price is 0.0018610 USD, showing a 24-hour increase of 70%.
In fourth place is Axelar. As of 17:50 today, its coin price is 0.52710 USD, with a 24-hour rise of 59.6%.
In fifth place is LootBot. As of 17:50 today, its coin price is 0.0023890 USD, increasing by 41.3% over the last 24 hours.
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is HOME. As of 17:50 today, its market cap is 62.86M USD, with a coin price of 0.023110 USD, witnessing a 24-hour increase of 5680%.
The second is Resolv. As of 17:50 today, its coin price is 0.37340 USD, with a 24-hour increase of 367%.
The third is DinoLFG. As of 17:50 today, its coin price is 0.0018610 USD, showing a 24-hour increase of 70%.
In fourth place is Axelar. As of 17:50 today, its coin price is 0.52710 USD, with a 24-hour rise of 59.6%.
In fifth place is LootBot. As of 17:50 today, its coin price is 0.0023890 USD, increasing by 41.3% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, DeFi, ETH, and Layer2 sectors are worth mentioning.
DeFi sector has risen 8.1% relative to the UTC 0 time, led by gains in HOME (5870%), RESOLV (356%), and axl (61.7%).
ETH sector has increased 6.58% relative to UTC 0, with eth (6.58%) leading the rise.
Layer2 sector has risen 5.5%, with arb (12.8%), SAVM (12.4%), and op (11.8%) leading the rise.
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:According to ChainCatcher news and on-chain analyst Ai Yi's monitoring, a certain whale has liquidated 5,002 ETH bought on-chain between June 1 and 5 at an average price of $2,580, selling at an average price of $2,625.76, making a profit of $231 thousand.
Next news:According to ChainCatcher, official sources report that the UK-listed company Smarter Web Company has increased its treasury by 45.32 BTC. After this acquisition, the company's total BTC holdings have reached 168.08 BTC.
Next news:American Bitcoin, a US-based Bitcoin mining company supported by Eric Trump and Donald Trump Jr., has purchased at least 215 bitcoins valued at nearly 24 million USD before May 31. This marks the company's first large-scale Bitcoin acquisition since announcing its Bitcoin treasury strategy, inspired by Michael Saylor. The Trump sons co-founded American Bitcoin in partnership with Bitcoin mining company Hut 8. The company plans to go public in the second half of this year through a SPAC merger with Gryphon Digital Mining, with the stock ticker ABTC. The company's primary goal is to establish efficient operations that produce Bitcoin below market cost to support ongoing Bitcoin treasury purchases and ecosystem leadership. As of the end of May, ABTC has one full-time employee and operates three facilities located in Niagara Falls, New York; Medicine Hat, Alberta, Canada; and Orla, Texas, through a service agreement with Hut 8.
Next news:The original content contains error information and cannot generate a valid news summary.
Next news:French banking giant Société Générale has announced plans to launch a US dollar-pegged stablecoin named USD CoinVertible (USDCV) on the Ethereum and Solana blockchains, potentially becoming the first major European bank to introduce such a product. The stablecoin will be issued through Société Générale's crypto subsidiary SG-Forge, with custody services provided by BNY Mellon in New York. USDCV follows SG-Forge's launch of the euro stablecoin EURCV in April this year. SG-Forge CEO Jean-Marc Stenger stated that launching a dollar-backed stablecoin is a natural next step, given the US dollar's dominance in the global stablecoin market. Both stablecoins comply with the European Markets in Crypto-Assets (MiCA) regulation and are issued as authorized Electronic Money Tokens (EMT). This release reflects the growing interest of traditional financial institutions in stablecoins. The stablecoin market surpassed 250 billion USD for the first time this month, primarily dominated by Tether (USDT) and Circle (USDC). Globally, regulatory progress continues, including legislative developments in the United States and South Korea.
Next news:Binance announced that users with Alpha points reaching 239 can claim an airdrop of 400 RESOLV tokens.
Next news:ChainCatcher news: Michael Saylor responded to the topic of "Apple's stock repurchase plan" by stating, "Apple should buy Bitcoin."
Next news:Background Information: Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, recently launched Digital Commercial Paper (DCP) on Ripple's XRP Ledger (XRPL), providing institutional investors with access to short-term debt instruments through a decentralized finance network.Key Events:- The DCP is issued and tokenized by fintech startup Zeconomy, backed by U.S. Treasury bonds, leveraging XRPL's round-the-clock trading capability, fast settlement, and low transaction costs.- Ripple will invest 10 million USD in Guggenheim's DCP project.- The DCP offers bankruptcy isolation services through a special purpose vehicle, Great Bridge Capital Co., established by Guggenheim Treasury Services, and Moody's has assigned the product the highest Prime-1 rating.- This issuance on XRPL expands Guggenheim's previously launched tokenized debt product on Ethereum, which has issued approximately 20.50 million USD of DCP since its launch in September 2024.Industry Background and Impact:- Guggenheim's entry into XRPL reflects growing institutional interest in tokenized Real World Assets (RWA).- Binance research shows that tokenized RWA is expected to grow by more than 260% in the first half of 2025, with market size increasing from about 8.30 billion USD to over 23 billion USD.- Tokenized private credit, U.S. Treasury bonds, and commodities dominate, with a combined market value of approximately 22.80 billion USD.- Wall Street giants such as BlackRock and Franklin Templeton are actively competing for market share in RWA, with BlackRock's digital liquidity fund (BUIDL), issued via Securitize, being the largest single RWA product in decentralized finance, valued at over 2.80 billion USD.Special Notice: This article contains information related to SoSoValue.
Next news:ChainCatcher news reports that, according to Eleanor Terrett, ahead of the review of the revised CLARITY Act (Cryptocurrency Market Structure Act) today by the U.S. House Financial Services Committee and Agriculture Committee, some industry insiders have expressed concerns about the newly added clause. This clause, referred to as the "Gensler Era Clause," proposes to revoke the exemption for existing tokens and instead grant the SEC case-by-case authority to determine whether each token qualifies as a security. Critics point out that this approach may exacerbate market uncertainty and runs counter to the original legislative intent.
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.
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