Aptos’ tokenized economy is being fueled by issuers such as Berkeley Square, Franklin Templeton and BlackRock.

Aptos sees surge in tokenized assets as asset managers go onchain

Bitcoin is treading cautiously below the $110,000 level, signaling a pause in 
momentum after recent highs. At the time of writing, the asset is priced at 
$106,841, marking a mild 0.4% decline over the past 24 hours. Despite brushing 
a daily high of $107,884, BTC appears to be consolidating in a narrow range, 
with market participants watching for the next significant move. Amid this 
relatively flat price action, on-chain trends suggest that not all is quiet 
under the surface. A new analysis by CryptoQuant contributor “oinonen” sheds 
light on wallet activity within Binance, one of the largest crypto exchanges 
by trading volume. Related Reading: Bitcoin Retests $108,000, But Holders 
Disagree On Direction Bitcoin Mid-Tier Investors Take Center Stage on Binance 
Oinonen&#8217;s findings point to a sharp increase in whale-level participation, as 
well as a notable contribution from mid-tier investors, which could have 
implications for broader market behavior. Citing CryptoQuant’s on-chain 
metrics, the analyst revealed that Binance’s inflow data shows that wallets 
depositing between 10 and 100 BTC now account for 40% of all Bitcoin inflows. 
These wallet sizes typically belong to high-net-worth individuals, trading 
firms, or mid-sized institutions—those who sit between retail traders and 
deep-pocketed whales. In contrast, whale-level inflows (100–1,000 BTC) 
currently represent 20% of the total, highlighting that mid-tier players may 
be driving more exchange activity than larger whales at this time. 
Interestingly, whale activity still made a major appearance recently. On June 
16, inflows of 10,000 BTC surged and made up 83% of total exchange inflows on 
Binance that day, reinforcing earlier observations from Oinonen about 
increased whale presence over the past year. According to CryptoQuant’s whale 
ratio metric, that presence has reportedly jumped by as much as 400% since 
mid-2023. Binance Deposit Data Points to Rising Institutional Interest Beyond 
just inflow ratios, Binance’s overall deposit metrics suggest a growing trend 
of larger average deposits. The average Bitcoin deposit rose from 0.36 BTC in 
2023 to 1.65 BTC in 2024. The exchange processed $21.6 billion in user fund 
deposits in 2024, roughly 40% more than the combined totals of the next ten 
crypto exchanges. Despite the growing institutional footprint, the significant 
portion of deposits in the 10–100 BTC range shows that mid-level market 
participants remain active contributors to the trading ecosystem. Related 
Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer This data 
may reflect a broader shift in how BTC is being accumulated and moved, where 
influence is shared between whales and mid-sized investors. While whale flows 
often generate headlines, the consistent presence of mid-tier wallets can 
signal healthier market participation and a more distributed form of liquidity 
provision across the board. With Bitcoin still consolidating near key price 
levels, these on-chain trends could help shape its next breakout, whenever it 
comes. Featured image created with DALL-E. Chart from TradingView

You Won’t Believe Who’s Moving Millions in Bitcoin on Binance Right Now

Gemini says Strategy (MSTR) is its only tokenized stock for now, with more 
tokenized stocks and ETFs launching in &#8220;the coming days.&#8221;

Gemini launches tokenized Michael Saylor's Strategy stock for EU investors

Federal crypto reform is locked in for summer, with July, August, and 
September deadlines set to finalize rules and define SEC-CFTC boundaries for 
digital assets. White House Crypto Czar Confirms Timeline for Sweeping Digital 
Asset Reform U.S. lawmakers are rapidly aligning on long-awaited digital asset 
regulation, setting the stage for crypto markets and stablecoins to […]

White House Insider Reveals Crypto Bill Timeline: ‘July Will Be a Big Month’

Ethereum (ETH) has recorded strong gains over the past two weeks, rising from 
$2,111 on June 12 to $2,515 on June 25, reigniting hopes for a sustained 
bullish rally that could push the digital asset beyond the crucial $3,000 
level. Ethereum Rally Marked By Shift In Dynamics According to a recent 
CryptoQuant Quicktake post by contributor Amr Taha, Ethereum’s latest rally 
has been accompanied by a notable shift in market dynamics &#8211; including a flip 
to positive funding rates, a potential short squeeze, and a rise in ETH 
inflows to Binance crypto exchange. Related Reading: Ethereum Breakout 
Imminent? Broadening Wedge Hints At $4,200 Surge Recent data from Binance 
reveals a significant shift in ETH funding rates from negative to positive. 
Positive funding rates typically indicate that traders are opening or holding 
leveraged long positions, reflecting expectations of further upside. However, 
rising funding rates may also raise the risk of a short-term price pullback if 
long positions become overextended. Data from CoinGlass shows that 68.15% of 
liquidations over the past 24 hours were long positions &#8211; highlighting this 
risk. Taha also emphasized the role of a short squeeze in Ethereum’s recent 
price surge and the increase in funding rates. As ETH&#8217;s price climbed, it 
retested the previous short-squeeze zone around $2,500. He explained: In that 
earlier event, short positions were forcibly closed by initiating aggressive 
market buy orders to cover their exposure, triggering a cascading effect known 
as a short squeeze. This dynamic occurs when traders who had bet against ETH 
(shorts) are forced to close their positions by aggressively buying back the 
asset to limit losses. Meanwhile, ETH inflows to Binance have also spiked. On- 
chain exchange data suggests that 177,000 ETH was deposited into Binance over 
a three-day period &#8211; an unusually high volume. Such a surge typically signals 
increased selling pressure or large-scale repositioning by major holders. 
Large transfers of ETH to exchanges often precede either potential sell-offs 
or liquidity provisioning. In conclusion, Taha noted that while a short-term 
correction may be likely, ETH’s breakout above $2,500 underscores the 
aggressive speculative activity driving its recent price action. Traders are 
advised to closely monitor funding rates and exchange flows for signs of an 
impending retracement. ETH Bulls Take The Charge Recent technical analysis 
suggests ETH may be gearing up for a breakout above the $2,800 resistance 
level. The asset also recently formed a golden cross on the daily chart, 
fuelling speculation that a new all-time high (ATH) could be within reach. 
Related Reading: Ethereum Bulls Wake Up: $4,000 Target Back on the Radar After 
Reclaiming Key Level That said, ETH is not entirely in the clear. Technical 
analyst Crypto Wave recently predicted that the cryptocurrency may revisit 
lower levels in the $1,700 to $1,950 range. At press time, ETH trades at 
$2,429, down 0.4% over the past 24 hours. Featured image from Unsplash, charts 
from CryptoQuant and TradingView.com

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

SOL Strategies, which has already invested millions as part of its strategic 
reserve strategy, will now also include decentralized, Solana-focused projects 
as part of this new push to support the wider Solana ecosystem and benefit 
from its growth. SOL Strategies Kickstarts Solana Strategic Ecosystem Reserve, 
Acquires Jito Tokens SOL Strategies, a Canada-based company that has […]