Suehyeon Lee

Bitcoin OG whale Owen Gunden deposits additional 500 BTC to Kraken

Owen Gunden, known as an early investor in Bitcoin (BTC), deposited Bitcoin to the Kraken exchange this morning. On the 8th (local time), OnChainLens reported that Gunden deposited about 500 BTC (about $51.68 million) to Kraken. Typically, exchange d

Changpeng Zhao "I met Eric Trump once… Pardon through a deal with WLFI? Not true"

Changpeng Zhao, the founder of Binance, denied allegations involving him and the family of U.S. President Donald Trump. On the 8th (local time), Changpeng Zhao told Fox News in an interview, "I met Eric Trump once at a Bitcoin conference held in Abu

U.S. Bitcoin spot ETFs saw net outflows of $554,190,000 the previous day… about KRW 807.9 billion

More than $500 million flowed out of U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) in a single day. On the 8th (local time), Trader T reported that total net outflows from Bitcoin spot ETFs the previous day amounted to $554,190,000 (about KRW

U.S. spot Ethereum ETF turns to net outflows again after one day… US$48.1 million

The U.S. spot Ethereum (ETH) exchange-traded fund (ETF) has returned to a net outflow trend. On the 8th (local time), according to TraderT, U.S. spot Ethereum ETFs saw net outflows of US$48.1 million (about 70 billion won) the previous day. It turned

Zcash records $42 million in liquidations in 12 hours…3rd-largest liquidation size after Bitcoin and Ethereum

Zcash (ZEC) recorded position liquidations exceeding 40 million dollars over the past 12 hours. On the 8th (local time), according to CoinGlass data cited by Odaily, Zcash recorded liquidations of more than 42 million dollars across the network in th

[Market Update] Rebounded crypto market… Ethereum·XRP up 3~4% in a day

Bitcoin (BTC) and the broader virtual asset (cryptocurrency) market have rebounded overnight. At 11:25 a.m. on the 8th, Bitcoin is trading at 103,183.14 dollars on CoinMarketCap, up 1.78% from the previous day. On Upbit's KRW market, it is trading at

"Bitcoin's recent correction: little impact from ETFs… whale sell-offs had greater effect"

Analysts say Bitcoin's recent correction was caused by whale sell-offs rather than net outflows from spot exchange-traded funds (ETFs). On the 7th (local time), Eric Balchunas, a Bloomberg ETF analyst, said, "Even as Bitcoin fell 20%, net withdrawals

Possibility of prolonged government shutdown↑…Polymarket "54% chance of being lifted after the 16th"

After the U.S. Congress failed to pass a consent measure related to lifting the shutdown held the previous day, Polymarket showed that the likelihood of the shutdown being lifted after the 16th increased. On the 8th (local time), the decentralized pr

U.S. Solana spot ETF, $12.7 million net inflows the previous day…inflows continue

The U.S. Solana (SOL) spot exchange-traded fund (ETF) appears to be continuing its inflow trend. On the 8th (local time), according to Palisade Investor, about $12.7 million (about 18.5 billion won) flowed into the U.S. Solana spot ETF the previous d

[Analysis] "Bitcoin recovers stability amid institutional buying"

Bitcoin, despite sharp fluctuations over the past week, has held the $100,000 level and is said to have regained stability. On the 8th (local time), The Block reported that Timothy Mishir, head of BRN Research, said, "Market sentiment is shifting fro

[Analysis] "Bitcoin more likely to enter a correction and volatility phase than a short-term surge"

Analysts say Bitcoin (BTC) is more likely to remain in a phase where corrections and volatility coexist rather than see a clear rally. On the 8th (local time), Cointelegraph reported that Bitfinex analysts said, "Bitcoin is more likely to enter a sho

[Analysis] "Gold enters a correction phase… Bitcoin more likely to advance"

Recently, gold (Gold) prices have been undergoing a correction, and an analysis said bitcoin (BTC) is likely to advance. On the 8th (local time), Jurrien Timmer, head of global macro at Fidelity, said on X, "Gold is showing a correction that is diges

Bitcoin adjusts 20% from peak…"Recovery may take months"

Recently, Bitcoin (BTC) has fallen about 20% since its all-time high, leading to analysis that it will take time to recover to its peak. On the 8th (local time), Cointelegraph quoted network economist Timothy Peterson as saying that this correction "

Financial-strategy companies hit as virtual asset market declines

A month-long decline in virtual asset (cryptocurrency) prices is directly hitting financial-strategy companies that hold large amounts of virtual assets. On the 8th (local time), Cointelegraph cited CryptoQuant data and reported, "Financial firms tha

21Shares files 8(a) for spot XRP ETF…enters 20-day automatic effectiveness countdown

21Shares has submitted 8(a) registration documents related to a spot XRP (XRP) exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). On the 8th (local time), Eric Balchunas, a Bloomberg ETF analyst, said via X, "21Shares ha

Miran, Fed board member "Stablecoins, a huge growth area… material impact on monetary policy"

Steven Miran, a U.S. Federal Reserve (Fed) board member, pointed to stablecoins as a 'huge growth area' and made his first remarks on virtual assets (cryptocurrencies). On the 8th (local time), according to The Block, Miran said at a BCVC Summit pane

Crypto asset lending in Q3 this year US$73.6 billion…record high

The scale of crypto asset (cryptocurrency) lending and leverage has surged to record highs. On the 8th (local time), according to the Kobeisi Letter, total global crypto asset lending in Q3 2025 was US$73.6 billion (about KRW 107 trillion), up 35% fr

Bitcoin barely holds $100,000…Market 'indifferent' despite Trump's remarks [Lee Su-hyun's Coin Radar]

<Lee Su-hyun's Coin Radar> examines the flow of the cryptoasset (cryptocurrency) market over a week and explains the background. Beyond simple price listings, it analyzes global economic issues and investor moves in a multidimensional way, providing

[Analysis] "Reason for XRP's sharp drop: increase in whale investors' exchange deposit volume"

The recent sharp decline of XRP (XRP) is analyzed not as a simple correction but as a typical 'Sell the News' pattern triggered by a planned selling flow from large whale investors. On the 6th (local time), CryptoOnchain, an author at CryptoQuant, sa

U.S. Solana spot ETF posts net inflows for 7 straight trading days…surpasses $294 million in total

The U.S. Solana (SOL) spot exchange-traded fund (ETF) market saw net inflows for seven consecutive trading days. On the 6th (local time), according to Farside Investor, Solana spot ETFs recorded a total net inflow of $9.7 million (about KRW 14 billio

[Analysis] "Ethereum, short-term selling pressure continues…year-end $5,000 recovery outlook"

Short-term selling pressure is dominant in the Ethereum (ETH) market, but an analysis says the uptrend is expected to be maintained in the medium to long term. On the 6th (local time), CryptoQuant author PelinayPA said, "Recently, Binance's taker buy

White House virtual-asset official: "Constructive discussions with U.S. Senate on CLARITY bill"

Discussions between the U.S. Senate and the White House on the virtual-asset (cryptocurrency) market-structure bill 'CLARITY' appear to be progressing constructively. On the 6th (local time), David Sacks, the White House advisor for cryptocurrency an

U.S. Ethereum spot ETFs saw $112.95 million net outflows yesterday… six consecutive trading days

Net outflows continue in U.S. Ethereum (ETH) spot exchange-traded funds (ETFs). On the 6th (local time), according to TraderT, the total net outflows from U.S. Ethereum spot ETFs the previous day amounted to $112.95 million (about 163.2 billion won).

US Bitcoin spot ETF records net outflow of 135,940,000 dollars in one day… Large-scale fund exit from IBIT

The US Bitcoin (BTC) spot exchange-traded funds (ETFs) experienced a net outflow of more than 100,000,000 dollars in one day. On the 6th (local time), according to TraderT, the total net outflow from US Bitcoin spot ETFs the previous day was 135,940,

[Analysis] "Bitcoin liquidity recovery signs…price may rebound within 2 weeks"

On the 6th (local time), cryptoasset (cryptocurrency) analyst Willy Woo said on X, "The recent Bitcoin liquidity indicator (the leading signal indicated by the dotted line) has begun to show signs of recovery." He went on to forecast, "If this liquid

Bitmain accumulates an additional 40,000 ETH in 6 hours… totaling 138.28 million dollars

Bitmain reportedly bought more than 40,000 Ether (ETH) in just 6 hours. On the 6th (local time), according to OnChainLens, a recently created wallet received 20,514 ETH (about 69.31 million dollars) from FalconX (FalconX), and the address is presumed

Hana Financial Group to Push Major Financial Transformation Focused on 'Digital Assets and AI'…Establishes Digital Asset TF

Hana Financial Group is stepping up its financial innovation strategy centered on digital assets and artificial intelligence (AI). On the 6th, Hana Financial Group announced that it will form a dedicated task force (TF) for digital assets under the h

[Analysis] "Bitcoin MVRV ratio, signal of bottom formation…On-chain indicators remain robust"

Bitcoin (BTC) has recently shown high volatility, causing extreme fear in the market, but on-chain indicators are robust, according to analysis. On the 6th (local time), CryptoQuant author XWIN Research Japan said, "It showed high volatility moving b

XRP rebounds 12% from the low… more than 20,000 new wallets created in 48 hours

XRP (XRP) has recently rebounded, and strong network activity was also detected in on-chain data. On the 6th (local time), Santiment said via X, "XRP rose 12% from the low in 24 hours, and 21,595 new XRP wallets were created in the past 48 hours. Thi

Ripple "No IPO plans for the time being"

Ripple said that, unlike the industry's recent listing (IPO) frenzy, it has no plans for a public offering for the time being. On the 6th (local time), Monica Long, Ripple's chair, told Bloomberg at the 'Swell' conference held in New York the day bef