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According to on-chain analyst Ai Yi's monitoring, the "1011 Insider Whale" has deposited a total of 106,183.97 ETH into Binance since early this morning, with a total value of $257 million and an average deposit price of $2,427.88. It also holds 469,642.98 ETH on the blockchain, worth approximately $1.11 billion.
A substantial transfer of BNB tokens has been reported. According to ChainCatcher, at 12:33, a total of 3,499.99 BNB was moved from an anonymous address, starting with 0x81E4, to Galaxy Digital.
According to Onchain Lens monitoring, a whale (0xd4d5...bc10) has received another 445,000 HYPE tokens from Galaxy Digital OTC, worth $14.87 million. To date, this whale has received a total of 910,000 HYPE tokens from Galaxy Digital OTC, worth $25.43 million, of which 465,000 HYPE tokens (worth $15.73 million) have been used for staking.
Standard Chartered Bank warns that U.S. banks could face $500 billion in deposit outflows by 2028 due to stablecoin adoption. However, Galaxy's Alex Thorn disputes this, suggesting that there will be no deposit flight, but rather a migration to competitive alternatives. He argues that funds will still circulate within the banking system as stablecoin issuers invest in treasury bonds. The impact is expected to be more significant on regional banks reliant on deposit funding, while diversified and investment banks face lower risks. The debate continues amid tensions between the crypto and banking sectors.
Vitalik Buterin defends his shift toward decentralized and privacy-focused tools after facing sharp criticism from Ethereum investors and developers. source: