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XRP price risks a near-term pullback as whales send mixed signals and long-term holders accelerate selling. On-chain data shows a 2,200% surge in holder outflows, while opposing whale cohorts add and trim positions. With price trapped between $2.69 and $2.60, a breakdown below $2.55 could confirm renewed downside momentum.
Circle, the issuer of USDC, the world’s second-largest stablecoin by market capitalization, has unveiled the public testnet for its proprietary Layer 1 blockchain network, ‘Arc.’ The ambitious project has garnered significant backing, with over 100 global firms participating, including BlackRock, Visa, Goldman Sachs, Amazon Web Services (AWS), and Coinbase. Building an Economic Operating System Circle
- 07:56Galaxy Digital withdraws 7,098 ETH worth $19.42 million from an exchangeAccording to ChainCatcher, monitored by The Data Nerd, Galaxy Digital withdrew 7,098 ETH (approximately $19.42 million) from an exchange. Within one month, it has withdrawn a total of 14,096 ETH (about $44.12 million), with an average withdrawal amount of around $3,130 each time.
- 07:29El Salvador has accumulated 1,098.19 BTC in the past 7 days, bringing its total holdings to 7,478.37 BTC.Jinse Finance reported that El Salvador has accumulated a total of 1,098.19 bitcoins in the past 7 days, bringing its current bitcoin holdings to 7,478.37, with a total value of $632 millions.
- 07:05Ethereum Co-founder: There Is a Lag in Public Disclosure When Listed Companies Increase Crypto Holdings, and the Market Needs Time to Adjust and AdaptJinse Finance reported that Matt Sheffield, Chief Investment Officer of Ethereum treasury company SharpLink, stated on the X platform that 13F filings, which asset management companies use to disclose their holdings, usually need to be submitted to regulators within 45 days after the end of each quarter, so the data is often delayed. Ethereum co-founder Joseph Lubin responded to this view on X, agreeing that there is indeed a lag in the disclosure of listed companies increasing their cryptocurrency holdings. He added that the cryptocurrency market is adjusting to adapt to the current macro environment. For example, institutional investors have been steadily increasing their SharpLink positions, and ownership data also indicates that institutional confidence is strengthening.