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Crypto

F2Pool co-founder moves large ETH and WBTC back to Binance

Chun Wang (춘왕), co-founder of F2Pool, is sending large amounts of cryptocurrency back to Binance in July after moving assets off exchanges in May and June. On-chain data showed additional inflows to a Binance hot wallet. He previously transferred about 91,945 ETH and 973 WBTC to non-custodial wallets and DeFi protocols. Recent deposits include 16,800 ETH and 60 WBTC on July 2, 9,800 ETH on July 3, and 3,345 ETH worth about $6.5 million on July 27.

Crypto

Shiba Inu eyes top 25 by market cap as 39 percent rebound scenario draws attention

On-chain indicators show 94.49 percent of Shiba Inu (SHIB) circulating supply is concentrated in 707 large wallets. If the concentration reflects liquidity leaving exchanges, price rebounds could be amplified when large buy orders enter, as less supply is immediately tradable. Etherscan data put major holders’ SHIB at about $2.36 billion. Technical signals on TradingView also suggest a possible rebound, with a 39 percent rise cited toward the 200-day EMA.

Crypto

Caution persists despite bitcoin strength, focus on $65,600 and $67,200 zones

Bitcoin briefly rose to $65,500, its highest level in three weeks, supported by a slowdown in the U.S. producer price index and inflation data that came in below expectations for a second day. Some observers said the figures could lift stocks and further lower expectations of future rate increases. Still, traders and analysts flagged near-term technical resistance around $65,600 and $67,200 and warned of potential pullbacks.