According to Huoxun Finance, on-chain analyst monitoring shows that address 0xB4d…B186a has sold another $15.46 million worth of WBTC, bringing its total sales of related tokens to $35.73 million in the past three days. This address has frequent interactions with block builder Titan builder and currently holds $125 million in assets on-chain, 95% of which are ETH and WBTC. Further sales are possible.

According to Yonhap News Agency, a South Korean court partially granted Samsung Electronics' request for an injunction against a planned strike by its labor union. The South Korean KOSPI index rebounded, reversing a previous 4.68% decline. (Jinshi)

According to Huoxun Finance, Kelp announced that to ensure rsETH security standards and optimize network integration, it will cease cross-chain support for rsETH on multiple networks after June 15th, including Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement. Users holding rsETH on these chains must bridge back to the Ethereum mainnet before June 15th. Asset recovery can still be applied for after June 15th, but each address will be charged a 100 USDC transaction fee. Specific procedures will be announced closer to the deadline.

According to an article published on the X platform by blockchain analyst Yu Jin, market trading activity is currently much lower than at the bottom of the last bear market (December 2022), even though the prices of major cryptocurrencies are still far higher than at that time. BTC: At the bottom of the last cycle, the average daily trading volume of BTC/USDT on Binance was around $2 billion, while now it's only around $500 million. The current price is 4.5 times that of the last bottom. The last correction was -75%, while this round has seen a decline of -38% from the high. ETH: At the bottom of the last cycle, the average daily trading volume of ETH/USDT was around $400 million, while now it's only around $200 million. The current price is 1.7 times that of the last bottom. The last correction was -75%, while this round has seen a decline of -54% from the high. BNB: At the bottom of the last cycle, the average daily trading volume of BNB/USDT was around $50 million, and it's still around that level now. The current price is 2.7 times that of the last bottom. The last correction was -65%, and this round has fallen 50% from the high point so far.

Odaily Planet Daily reports that Bain Capital announced on May 18th that its sixth Asia fund (“Asia Fund VI”) has completed its final fundraising, reaching a total size of US$10.5 billion, with approximately US$9.1 billion coming from external investors, exceeding its previous fundraising target of US$7 billion. Yuji Sugimoto, Partner and Head of Asia Private Equity at Bain Capital, stated that the company remains optimistic about the vast opportunities in the Asian market and will increase investment in talent development, technology empowerment, and upgrading its platform capabilities to achieve business growth at a steady and prudent pace. Currently, Bain Capital focuses its investments on technology, industrials, consumer goods, healthcare, and commercial and financial services. (Yicai)