π’ As processing capacity is still limited, global oil refining margins have risen to a record $59 per barrel, almost tripling their level at the beginning of 2026.
π’ With activity from older coins drastically dropping in 2026, Galaxy Digital estimates that the biggest redistribution of inactive Bitcoin since 2017 is almost finished.
π’ According to Lookonchain, a Bitcoin whale has moved 5,908 BTC, valued at approximately $383 million, to a new wallet after eight years of dormancy.
π’ According to Glassnode, Bitcoinβs rally is facing headwinds as cycle-top buyers continue to cut losses while recent buyers take profits and lock in gains.
π’ As the rally surpasses spot market liquidity, exchange leverage has risen into the top 5% of historical extremes, indicating increased deleveraging risk.
π’ After Aave was deployed and the ecosystem continued to flourish, Monad's TVL increased to $621 million, while Stable lead all blockchains in 30-day TVL growth.
π’ Single-stock volatility has climbed to its highest level relative to index volatility since the dot-com bubble, highlighting growing dispersion across the market.
π’ RWA perpetual trading volume reached a record $110 billion in June, rising 28% month over month, with tokenized equities driving the growth as one of DeFiβs fastest-expanding sectors.
π’ Bloomberg ETF analyst Eric Balchunas believes Bitcoin ETFs could mirror the long-term trajectory of gold ETFs, with periods of strong rallies, deep pullbacks, and progressively higher highs over time.