profit

Ethlabs published a response on platform X regarding its nonprofit positioning and funding situation, stating that the choice to operate under a nonprofit structure is to focus on the long-term development needs of Ethereum as a "public good" and to maintain the organization's independence and neutrality in research and development.In terms of governance structure, Ethlabs pointed out that its funding comes from large ETH holders and Ethereum ecosystem builders, whose interests are highly aligned with the long-term success of Ethereum, but they will not gain any governance control or participate in roadmap formulation or project prioritization decisions. Ethlabs emphasized that this arrangement is intentionally designed to avoid external funding influencing core directions.At the same time, Ethlabs stated that the future continuous financing mechanism itself is also a form of "accountability mechanism," meaning that only by continuously creating real value for the Ethereum ecosystem can they obtain subsequent funding support, thus forming a long-term feedback loop.Regarding funding, Ethlabs revealed that it is currently in the final stages of financing and has not disclosed specific amounts, but the committed funds already obtained are expected to support an operational cycle of 2 to 3 years and cover the recruitment needs for top talent. Ethlabs emphasized its positioning as a long-term project, not a one-time funding plan.

According to on-chain analyst Ai Yi's monitoring, the Hyperliquid whale, which previously shorted 16 altcoins for a profit of 13.68 million dollars, is suspected of selling ETH again. Four hours ago, it deposited 6,860 ETH (10.8 million dollars) to Binance, with a deposit price of 1,574 dollars. If sold, it would incur a loss of 2.86 million dollars (having accumulated at an average price of 1,991 dollars in February and March this year). Since June 24, it has transferred a total of 21.82 million dollars worth of ETH to exchanges, expecting a loss of 5.485 million dollars.

According to CryptoQuant analyst MorenoDV_, the current reading of the Bitcoin UTXO profit and loss ratio model has fallen into a historically low range, indicating that the market is undergoing a deeper internal cleanup.However, the analyst emphasizes that this does not mean the bottom has been confirmed— the 365-day moving average needs to decline further to prove that the market's long-term profit structure has been fully reset, rather than just a short-term oversold reaction. Although a brief rebound may occur due to a short squeeze, it should not be seen as a structural recovery signal if the profit and loss ratio fails to sustain its reconstruction.Overall, signs of internal cleanup in BTC are beginning to emerge, but historical patterns suggest that the market may still need to endure more pressure before fully emerging from this bear market.

According to ChainCatch news, as per official information, on June 28, 2026, the Gate DEX "World Cup Oracle" event page officially launched, coinciding with the conclusion of the World Cup group stage and the full start of the knockout stage. In addition to daily prediction gameplay, the page also aggregates three major Gate exclusive data highlights.The first is the "Single Match Profit Ranking Live," which updates the top 3 profit addresses for each match in real-time after the game ends, clearly showing the principal, profit, and multiple. For example, on June 28, in the match where Croatia defeated Ghana 2-1, the top profit address reached +$137.61 million; matches like Colombia vs. Portugal and Panama vs. England also produced multiple high-profit addresses. The second is "Expert Prediction Holdings," where the platform selects "prediction experts" for each team in this World Cup—specifically, on-chain smart money addresses with more than 2 related match events, a win rate greater than 60%, and profits exceeding $5000—and displays their betting direction for the current match, allowing users to intuitively reference expert judgments. The third is "World Cup Smart Money Holdings," which compiles addresses that have continuously bet profitably during this World Cup, aggregating their betting situations for user reference.Users can connect directly with a Web3 wallet or Gate TEE quick wallet with one click, referencing the judgment ideas of on-chain smart money to participate in daily match predictions.

According to monitoring by Lookonchain, the deployer of the token $ANSEM, with a market capitalization of over $120 million, "yHCxHB" only made a profit of $5,500 from the project.It is reported that the deployer initially spent $6,300 to deploy and purchase 792.45 million $ANSEM tokens. Subsequently, they transferred 650 million tokens to crypto KOL Ansem (@blknoiz06) and sold the remaining 142.45 million tokens for $11,800, resulting in an actual net profit of only $5,500.

According to on-chain analyst @ai_9684xtpa's monitoring, a whale that shorted $165 million closed its position with a profit of $3.277 million and opened a new short position worth $70.76 million that same night.Currently, it holds short positions of 912.93 BTC ($54.98 million) and 10,000 ETH ($15.83 million), with opening prices of $59,137 and $1,532, respectively, resulting in an unrealized loss of $1.418 million.

According to Lookonchain monitoring, a certain whale that shorted BTC, ETH, and SOL with 20x leverage four days ago has closed their position, making a profit of about 4.4 million dollars. This whale has now reopened a 20x leveraged short position, including 912.9 BTC (approximately 54.55 million dollars) and 10,025 ETH (approximately 1.565 million dollars).

CryptoQuant analyst Axel Adler Jr. released a report indicating that Bitcoin's realized net profit and loss (90-day MA) has been negative for the fifth consecutive month, with the current reading at -203.2 million USD. This means the market is systematically locking in losses, consistent with the early stages of past bear market cycles.However, the cost basis of the holder group shows that the core support is in the range of 48,000-56,000 USD. From the cost basis of various groups, whales (over 10,000 coins) are at 48,100 USD, small addresses (10-100 coins) are at 47,800 USD, and large wallets (1,000-10,000 coins) are at 56,500 USD, all still below the current price. Only the 100-1,000 coin group (65,700 USD) is in a loss position, which is the main source of current loss selling.Adler pointed out that this contrasts with the complete capitulation in 2022, when almost all groups fell below their cost basis. The current market shows a controllable decline rather than a capitulation pattern, with the main risk being a breakdown of the 48,000-56,000 USD support range. If this range is lost, it will push more holders into losses, opening up deeper downward space.

According to Yu Jin monitoring, a whale that has held ETH for eight years sold 17,598 ETH on-chain in the past hour for 27.245 million USDS, at a selling price of 1,548 dollars. Eight years ago (February 2018), he received 37,602 ETH (31.16 million dollars) when the price of ETH was 829 dollars. Today, eight years later, he has sold about half of his ETH, making a profit of 12.65 million dollars.

According to monitoring by Lookonchain, a newly created address on Aster has doubled its long position on 3.46 million SYN (worth 1.69 million USD). In less than 2 days, this position has increased by approximately 662,000 USD.

According to on-chain analyst Ai Yi's monitoring, the new address 0xA70...37287 withdrew 17,675 ETH from Binance 3 hours ago at a withdrawal price of $1,617, and has now realized a profit of $667,000.

According to monitoring by Lookonchain, address 0x0965 sold 27,585 ETH at an average price of $1,625 over the past 2 days after being inactive for 7 years, worth $44.84 million, with profits exceeding $390 million. The profit of this giant whale once exceeded $130 million.

According to Onchain Lens monitoring, after being dormant for 7 years, the whale address "0x096" sold all 27,585 ETH at an average price of $1,625, obtaining 44.84 million USDS, and ultimately locked in a profit of $39.1 million.

According to Jinshi reports, JPMorgan stated that the U.S. stock market is approaching a "blue sky scenario," primarily due to corporate earnings growth exceeding expectations and the hope that the tensions surrounding the Iran conflict can be eased through diplomatic agreements.

According to The Block, Bitcoin miner revenue continues to decline, with the 7-day moving average dropping to about $30,000,000 per day, down from over $50,000,000 last summer. The contribution from transaction fees has become negligible, at less than $250,000 per day. The current trading price of BTC is about $62,500, significantly lower than JPMorgan's estimated production cost of around $78,000, a gap that has persisted for five months, the longest in this cycle. Production costs have historically been seen as a soft price floor, and currently, about 20% of miners are operating at a loss.Network-level pressure is becoming evident. Over the past six months, the beta value of mining difficulty relative to BTC price has risen to 0.62, with high-cost miners switching off their machines based on price fluctuations rather than continuing to operate at a loss. In the second week of June, difficulty decreased by 10%, marking the second similar adjustment this year. Publicly listed mining companies have sold over 32,000 BTC in the first quarter to cover operating costs, rather than further reducing production capacity.

Bitcoin miner revenue has continued to decline over the past year, with the current 7-day moving average daily income at approximately $30 million, significantly lower than last summer's level of over $50 million. Among this, transaction fees have dropped to less than $250,000 per day, almost negligible compared to block subsidies.Meanwhile, the price of Bitcoin is around $62,500, below JPMorgan's estimated production cost of about $78,000. This state of being below production costs has persisted for five months, the longest duration in this cycle. Historically, production costs are often seen as a soft bottom area for Bitcoin prices. Currently, it is estimated that about 20% of miners are in a loss position at the current price, and the pressure is beginning to reflect at the network level.Over the past six months, the sensitivity of mining difficulty to Bitcoin prices has risen to 0.62, indicating that high-cost miners are increasingly inclined to turn off their mining machines based on price fluctuations rather than continue mining at a loss. In the second week of June, Bitcoin mining difficulty decreased by 10%, marking the second occurrence of a similar magnitude adjustment this year. A comparable adjustment also occurred in the previous quarter, with both instances happening during periods when prices remained below production costs, indicating that pressure on the miner side is deepening.

According to monitoring by Lookonchain, a certain whale is shifting from ETH to HYPE. Two weeks ago, this whale sold all 3,065 ETH for $5.92 million, incurring a loss of $380,000. In the past two days, this whale has bought 100,392 HYPE again, worth $6.69 million. Currently, it holds 497,212 HYPE, valued at $30.93 million, with an unrealized profit of $8 million.

According to Lookonchain, the address "pension-usdt.eth," which had previously made a profit in 23 consecutive trades, shorted 50,000 ETH (with a nominal value of approximately $82.36 million) two days ago and currently holds about $4.35 million in unrealized profits.

According to OnchainLens monitoring, a certain whale has started selling Ethereum after being silent for seven years. Currently, this whale has sold 1,100 ETH, making a profit of 1.9 million dollars, with a total profit of 41 million dollars from ETH. This whale initially purchased 27,586.48 ETH for 5.72 million dollars and still holds 26,486.48 ETH, worth 44.86 million dollars.

According to a report by The Wall Street Journal, the prediction market platform Polymarket is suspected of paying dozens of social media creators to instruct them to record fake betting and high-profit videos on a simulated website that closely resembles the official site, using this as a promotional tactic to attract new users. The report indicates that the campaign required creators to conceal the official sponsorship relationship and specifically targeted the domestic audience in the United States.The investigation shows that the related marketing videos have accumulated over 140 million views on platforms such as TikTok, YouTube, and Instagram, involving up to $1.9 million in false bets. In response, Polymarket did not directly address the specific details of the investigation but stated in a statement that, as part of promoting industry transparency, the platform is conducting a comprehensive audit of active promotional content to ensure it strictly complies with internal standards and applicable regulatory and legal disclosure requirements.