Per Woofun AI, BlackRock deposited $212.99 million worth of BTC and ETH into Coinbase, signaling continued institutional accumulation despite broader market turbulence. This movement coincides with F2Pool co-founder Wang Chunjie increasing his holdings by $4.57 million in BTC and ETH, while Du Jun reaffirmed his conviction that blockchain will transform financial infrastructure.

Meanwhile, speculative activity intensified as a whale opened $30.9 million in leveraged XRP longs and maintained $50.6 million in BTC longs. Conversely, macro headwinds emerged with spot gold falling below $4,100 per ounce and U.S. stock futures plummeting. Goldman Sachs noted that AI capital expenditure surges exceeded expectations for South Korea’s chip cycle, yet Hyundai Electronics tumbled over 12%, exposing nearly $17 billion in Chinese investor long positions to risk.