According to Onchain Lens monitoring, BlackRock's associated address transferred 3,966 BTC, worth approximately $244.4 million, to Coinbase. On-chain data shows this is another large BTC transfer from BlackRock to Coinbase recently. Previously, BlackRock transferred 3,300 BTC and 15,095 ETH to Coinbase, totaling over $234 million.

Odaily Planet Daily reports that DeFi lending protocol Morpho has announced the completion of a $175 million funding round, led by a16z Crypto, Paradigm, and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck, and other institutions. The report states that the funding round was priced based on the average price of the Morpho token over the past month, valuing the protocol at a maximum of approximately $2 billion. Morpho allows institutions to customize lending markets and risk parameters on-chain, and has already attracted adoption by institutions such as Coinbase, Kraken, Anchorage Digital, and Galaxy Digital. Data shows that Morpho's current total value locked (TVL) is approximately $6.6 billion. The company stated that it will continue to expand its institutional-grade DeFi lending business and strengthen its competition with lending protocols such as Aave. (Fortune) Previously reported, Lombard and Bitwise Asset Management announced a partnership to offer institutions a solution for earning yield and collateralized BTC lending without removing their assets from custody. The decentralized lending protocol Morpho will provide the infrastructure for BTC collateralized lending. This solution targets high-net-worth individuals, asset management institutions, and corporate treasuries, and is planned for launch in the second quarter of 2026.

MyToken data monitoring shows that on 【June 9th, 18:45】 (Beijing Time), an address starting with 【0x3b98】 transferred 【225398868.7 USDT】 to an address starting with 【0xdac1】, with a total value of approximately 【223.37 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

According to Odaily Planet Daily, market maker Wintermute released its weekly market analysis report, stating that Bitcoin fell below $62,000 last week, a weekly drop of approximately 14%, hitting a new low since September 2024. Wintermute believes that although Strategy founder Michael Saylor's disclosure of the sale of 32 BTC attracted market attention, the transaction size was negligible. The real reason for the market weakness was the continued reduction of positions by US institutional investors and the outflow of funds from spot Bitcoin ETFs. Wintermute pointed out that the US added 172,000 non-farm jobs in May, far exceeding the market expectation of approximately 80,000, while job openings rose to a near two-year high, and the services price index reached a new high since August 2022. Strong economic data weakened market expectations for a Federal Reserve rate cut, pushing the 10-year US Treasury yield up to 4.55%, creating a "good news is bad news" macroeconomic environment that put pressure on risk assets. Meanwhile, the rally in AI concept stocks slowed, with the Nasdaq falling 4.7% for the week and the S&P 500 recording its first weekly decline since March. Wintermute believes that the AI sector correction, rising yields, and the upcoming SpaceX IPO collectively weakened market risk appetite. In the crypto market, the US spot Bitcoin ETF saw net outflows for 10 consecutive trading days as of May 30, accumulating approximately $2.97 billion in outflows. May's net outflows reached $2.43 billion, marking the worst monthly performance since 2026. Wintermute OTC data shows that retail funds continue to flow into US stocks, while US institutional investors have recently turned bearish and led the sell-off. However, Wintermute believes there are also positive signals in the market, including long-term funds gradually building positions at current prices, and from a more than one-year perspective, Bitcoin's risk-reward ratio is becoming more attractive. The report points out that SpaceX's IPO on June 12 will be an important indicator of market risk appetite. If the issuance is successfully digested, it may help boost market sentiment; otherwise, it may exacerbate the pressure on risky assets.

MyToken data monitoring shows that on 【June 9th, 18:43】 (Beijing Time), an address starting with 【0xb0a2】 transferred 【225398868.7 USDT】 to an address starting with 【0xdac1】, with a total value of approximately 【223.37 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/