Quick Take The U.S. Secret Service’s Global Investigative Operations Center team has recovered $400 million in digital assets from criminals over the past decade, Bloomberg reported on Saturday. Much of the recovered assets sits in a single cold-storage wallet, according to the report. The Secret Service team, alongside federal authorities from the FBI and the U.S. Attorney’s Office, filed to seize $225 million in crypto in June, the largest seizure in the team’s history.

The Block·2025/07/04 16:00

Flash

05:06
A certain whale is increasing its long positions in Ethereum, with total holdings now reaching 86,845 ETH.
According to Jinse Finance, monitoring by Lookonchain shows that a wallet labeled as a "whale," address 0xa523, is continuously increasing its long positions in Ethereum (ETH), with a current total holding of 86,845 ETH, valued at approximately $297.7 million. The estimated liquidation price for this position is $4,342.8.
04:47
Investment advisors are the largest buyers of crypto spot ETFs, indicating that capital flows are shifting from speculation to long-term, portfolio-driven allocation.
According to ChainCatcher, citing data shared by Bloomberg analyst James Seyffart, investment advisors are the dominant known holders of Ethereum ETF. In the second quarter, this group invested over $1.3 billion, equivalent to 539,000 Ethereum, marking a 68% increase from the previous quarter. The same trend has been observed with US spot bitcoin ETFs. Advisors are now the largest holders, possessing 161,000 bitcoin worth over $17 billion. In response, Kronos Research Chief Investment Officer Vincent Liu stated that these figures indicate a shift in capital flows from speculative to long-term, portfolio-driven allocations. As the largest holders, their strategic positioning provides deeper liquidity and a more enduring foundation for the integration of cryptocurrencies into global markets. Furthermore, as more advisors adopt bitcoin and Ethereum ETFs, cryptocurrencies will be recommended and recognized as long-term diversification tools in traditional portfolios, complementing stocks, bonds, and other mainstream assets. The report points out that as regulatory frameworks come into effect, the number of financial advisors involved with crypto ETFs may surge. In July of this year, Fox Business News predicted that trillions of dollars could flow into the market through financial advisors.
04:36
pump.fun: Approximately $10.65 million worth of PUMP tokens were purchased in the past week
According to Jinse Finance, pump.fun stated in a post that it purchased approximately $10.65 million worth of PUMP tokens over the past week, accounting for 99.32% of its total revenue during the period from August 20 to August 26. To date, pump.fun has purchased more than $58.13 million worth of PUMP tokens in total, representing 4.261% of the circulating supply.