Key facts: Sidechain loses ~4,000 BTC; 600k BTC profitable; Binance OI drop
Liquid sidechain lost ~3,996–4,000 BTC from federation reserves, reducing reserves to ~197 BTC. Operators paused the chain and halted bridge activity; exchanges warned to suspend L-BTC transfers.On-chain data: about 600,000 more BTC are now profitable vs May (~$47B unrealized gains). ~1.05M BTC sit between $83k–$86k — large long-term holder supply near breakeven.BTCUSD saw a major futures deleveraging: Binance futures open interest fell below its 180‑day average, triggering a large liquidation, then quickly recovered above the 180‑day level.Wave 3 Coldcard attacker moved 45% of stolen BTC (97.09 BTC noted). Attacker used THORChain swaps, CoinJoin, targets larger vaults; 1,806 BTC known stolen, ~82% still in attacker addresses.A leading Bitcoin expert warned advanced AI could find and exploit vulnerabilities in Bitcoin Core, Lightning and wallets, potentially disrupting BTCUSD spot trading infrastructure and services.BTCUSD: Institutional inflows via spot ETFs and other channels have risen, marking greater institutional participation versus 2019 when rallies were driven mainly by retail.Analysts say BTCUSD could reach $90,000 if price consolidation persists; projection hinges on continued consolidation, contrasting Bitcoin's upside with Ethereum's range-bound stance.Binance founder CZ said Bitcoin could rival gold in market value next cycle; currently ~10x gap. Comment relevant to BTCUSD spot valuations and potential reserve-asset adoption.About 600 BTC (~12×50 BTC rewards) dormant since ~2010 moved via several transactions to fresh wallets; no links to exchanges or Satoshi and no on‑chain signs of imminent selling.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.