Market maker GSR transferred 578,000 LINK to Binance in 2 days, worth approximately $8.25 million

According to OKX market data, BTC has fallen below 85,000 USDT and is currently trading at 84,987.5 USDT, down 0.29% in 24H.

Odaily reports, according to OKX market data, SOL has fallen below 120 USDT, currently trading at 119.99 USDT, with a 24H decline of 1.34%.

Odaily reports that Token Terminal posted on X stating that $53.4 million worth of tokenized ETFs have been deposited into DeFi, with assets tracking STRC and FWDI amounting to $35.3 million and $25.8 million respectively. Of the approximately $3.7 billion tokenized equity market, about 7% has been deposited into DeFi.

Odaily reports: Solana treasury company DeFi Dev Corp. (DFDV) announced on X that it purchased 26,203 SOL, bringing its total holdings of SOL and equivalent assets to 2.564 million.Over the past approximately 7 weeks, the company's SOL holdings increased by 11%, with SOL per share growing by double digits, while net asset value per share and cash both grew by over 100%.

Odaily reports: Grayscale's parent company DCG posted on X platform that last week the U.S. Securities and Exchange Commission (SEC) proposed reforming the accredited investor system, allowing certain investors to qualify for participation in private markets through examinations and other means. This measure was similar to a suggestion made by DCG founder Barry Silbert as early as 2011.It is reported that around 2011, while founding SecondMarket, Barry Silbert proposed that the SEC's "accredited investor" system mainly relies on income and net worth standards, but wealth level does not necessarily represent investment capability. Some high-net-worth individuals may not possess sufficient financial knowledge, while some ordinary investors should also have the opportunity to qualify for participation in private markets if they pass financial literacy tests set by regulators.

Odaily News: According to Onchain Lens monitoring, GSR continues to sell LINK. After receiving tokens from Gnosis Safe, it transferred 303,010 LINK ($4.29 million) to Binance. Two days ago, the same wallet transferred 275,000 LINK ($3.96 million) to Binance. Over the past two days, a total of 578,010 LINK (approximately $8.25 million) has been transferred to Binance.