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[News Brief] May 26, morning | Early Satoshi-era Bitcoin miner wallet transfers 2,650 BTC to institutional trading firms

An early Satoshi-era Bitcoin miner wallet transferred 2,650 BTC to institutional trading firms FalconX and Cumberland. The miner wallet still holds around 6,000 BTC, valued at more than $460 million.

[News Brief] May 26, morning | Early Satoshi-era Bitcoin miner wallet transfers 2,650 BTC to institutional trading firms

Early Satoshi-era Bitcoin miner wallet transfers 2,650 BTC to institutional trading firms

An early Satoshi-era Bitcoin miner wallet transferred 2,650 BTC to institutional trading firms FalconX and Cumberland, according to Odaily, citing Bitcoin News monitoring.

The transfer was worth about $203 million. The miner wallet still holds roughly 6,000 BTC, with an estimated value of more than $460 million.

US and Iran agree to reopen Strait of Hormuz and remove mines

The United States and Iran have agreed to reopen the Strait of Hormuz and remove mines, Odaily reported.

A draft agreement includes extending the ceasefire by 60 days, with the option to renew if necessary. The two sides also agreed to continue nuclear talks in pursuit of a longer-term agreement.

The Strait of Hormuz is a critical route for Middle Eastern oil shipments, and easing tensions could affect international oil prices and sentiment toward risk assets.

US Central Command conducts 'self-defensive strike' in southern Iran

According to Odaily, the US Central Command (CENTCOM) said US forces carried out a 'self-defensive strike' in southern Iran to protect American troops stationed in the Middle East.

The targets included missile launch facilities and Iranian vessels that attempted to lay mines. CENTCOM said it would maintain restraint during the current ceasefire period while ensuring the safety of its personnel.

Additional 250 million USDC minted on Solana

According to PANews, Whale Alert said at around 9:07 a.m. on the 26th that the USDC Treasury minted an additional 250 million USDC on the Solana blockchain.

Additional stablecoin issuance is often used as an indicator of liquidity flows on the network.

119,999,998 USDT transferred from Binance to anonymous wallet

According to Whale Alert, about 119,999,998 USDT, worth approximately $119,937,18, was transferred from Binance to an anonymous wallet.

The transaction was identified on the Tron network. Large stablecoin transfers can be interpreted as a signal of changes in exchange liquidity, though the wallet owner and purpose of the transfer were not disclosed.

Anonymous whale wallet transfers 128,592,873 USDC to Aave

According to @whale_alert, an anonymous whale wallet transferred 128,592,873 USDC to Aave. The transfer was valued at about $128,664,628 at the time.

The transaction was identified on the Ethereum network. Aave is a decentralized finance protocol that supports crypto asset deposits and lending.

50,656 ETH moved between anonymous wallets

According to Whale Alert, 50,656 ETH, worth about $107.71 million, was moved from one anonymous wallet to another.

The transaction was confirmed as a large on-chain transfer, but it is unclear whether it was intended for exchange deposit or sale.

Oil prices fall more than 6%

Oil prices fell more than 6% on the 25th as progress in diplomacy between the US and Iran eased concerns over supply disruptions.

Brent crude fell below $100 per barrel for the first time in three weeks. Lower oil prices could reduce inflationary pressure and support sentiment toward risk assets.

US May consumer sentiment index falls to 44.8

The US consumer sentiment index fell to 44.8 in May, marking a third consecutive monthly decline, according to UBlockchain, citing University of Michigan data.

The reading was close to the record low seen in June 2022, suggesting that inflation concerns weighed on consumer sentiment.

Binance Wallet launches Event Rush feature

According to Odaily, Binance Wallet launched Event Rush, a feature that tokenizes and enables trading on the outcomes of real-world events such as sports matches, cryptocurrency price targets, and news developments.

The feature is supported by the BNB Chain-based 42Space protocol. Verified Binance Wallet users can buy event tokens using USDT on BSC and either sell them before the event ends or hold them until settlement.

Winners can share the total prize pool. Service fees apply to trades, and a separate redemption tax is charged upon sale. The feature may be unavailable in some restricted regions.