The world of cryptocurrency has been all the talk lately. A whale made a huge transfer of ENA tokens, Bitcoin held strong above 105k USDT and RPL was the top gainer in altcoin profits. Recent mega-rounds and large wallets’ changing Ethereum balances are further heralds of a rapidly changing market landscape.
One small ENA token transaction has raised eyebrows among crypto observers. OnchainLens, reported by BlockBeats Whale moves 15.15 million ENA tokens from a CEX. The moved tokens are worth around $4.48 million, representing a significant shift of assets within the broader crypto ecosystem.
Bitcoin climbed above 105,000 USDT on June 14, 2025 and is trading at 105,015.63 USDT today. Even with this new milestone, Bitcoin is down 0.12% today in the last 24 hours, illustrating some current volatility. This small decline points to a time of consolidation after recent gains and a market still figuring out its path forward.
RPL quickly became one of the top altcoin gainers, soaring to $6.408 at a 7.00% gain on June 15. Such phenomenon is an evidence to how lucrative the altcoin market can be, even when the overall market is undergoing bearish trends. RPL´s success is a reminder of why it pays to keep an eye out for individual altcoins that present special opportunities.
Brazil has finally eliminated the tax exemption on profit made by cryptocurrency. Up until now, there was a general flat uniform tax of 17.5% on personal gains. This policy change brings in a standardized tax framework for crypto investments across Brazil. This alone would likely go a long way toward changing trading behavior and investment strategies nationwide. The implementation of the new tax rate was welcomed as a big step towards ensuring compliance and proper reporting from crypto investors in Brazil.
Crypto funding just had its biggest week ever, skyrocketing to almost $709 million from June 8-16, 2025. IREN spearheaded this funding wave with a substantial $550 million private placement, demonstrating strong investor confidence in the company's vision and potential. Hypernative announces $40 million Series B mix of LocalGlobe and existing investors. This positive reception reflects the heightened demand for cybersecurity solutions in the rapidly evolving crypto ecosystem.
For reference, whale and shark wallets collectively added up a jaw-dropping 1.49 million ETH in the last month alone. This signals a very bullish accumulation trend between larger Ethereum addresses. These wallets now hold 26.98% of the total ETH supply, reflecting a significant concentration of Ethereum within these influential entities. The ongoing ETH accumulation by whale and shark wallets is a strong indication that there’s confidence in Ethereum’s ability to perform in the long-term.
A new whale moved 15.15 million ENA tokens valued at $4.48 million from a centralized exchange. This development, as noted by OnchainLens through BlockBeats, illustrates how the most sophisticated investors on a large scale are being tactical and strategic with their assets. These sudden market movements and potentially correlated sell-offs can severely impact market sentiment and liquidity, especially for newer or developing tokens. It is still unclear what prompted the surprising transfer. It underscores just how important it is to maintain a watchful eye on whale activity for clues into market shifting behavior.
Bitcoin’s recent bull run, breaking over 105,000 USDT then stabilizing out a touch below that mark, shows its strength and resolve as a top crypto contender. This is likely a sign that steel has entered a period of more stability. Bitcoin's ability to maintain high levels indicates sustained investor interest, supported by institutional adoption and its role as a store of value.
In particular, RPL’s impressive increase of 7.00% to $6.408 is a testament to the ever-changing altcoin market. These kinds of gains can be fueled by different things—tech innovation, collaboration, or growing interest/consumer adoption in certain segments. Investors typically turn to altcoins for more growth potential than Bitcoin can offer, with commensurate risk.
Brazil recently repealed tax exemptions on cryptocurrency capital gains. In addition, they’ve mandated a single, tax-like rate of 17.5% across all retailers, which is a major change in the regulatory landscape. This change aligns Brazil with other jurisdictions seeking to regulate and tax crypto assets, which could bring more transparency and formality to the market. It can skew decisions on where to invest, as people invest money with these tax consequences in mind.
From June 8 to June 14, 2025, the crypto industry experienced an impressive wave of over $709 million in funding. This pipeline was largely driven by recent IREN’s record-breaking $550 million private placement, which underscored cryptocurrencies' rising allure. Notably, those funding rounds further help foster innovation, spur infrastructure development and fund the expansion of everything from crypto custody to exchanges. Hypernative’s recently announced $40 million Series B round is a vote of confidence in the rising importance of cybersecurity in the digital asset space.
Whale and shark wallets have added 1.49 million ETH in the last 30 days. This continues to their record high holdings of 26.98% of the entire ETH supply, highlighting extreme conviction by major Ethereum holders. This buy-and-hold trend has a secondary bullish effect of lowering the circulating supply of ETH available on exchanges, leading to upward price pressure when demand rises. The growing concentration of ETH in whale and shark wallets also poses concerns regarding market decentralization and potential manipulation.
