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According to ChainCatcher, citing Ember monitoring, a whale who has held ETH for eight years sold 17,598 ETH on-chain in the past hour, exchanging them for 27.245 million USDS at a selling price of $1,548. He received 37,602 ETH ($31.16 million) eight years ago (February 2018), when the ETH price was $829. Today, eight years later, he sold about half of his ETH, earning a profit of $12.65 million.

BlockBeats news, on June 26, U.S. 10- and 20-year Treasury yields have continued to decline since the 24th, indicating that investors have begun to buy U.S. Treasuries for safe haven. Recently, the 10-year U.S. Treasury yield has dropped from around 4.5% to about 4.37%, reflecting intensified risk aversion amid a sharp decline in Asian stock markets and pressure on the chip sector. Some analysts point out that at the end of June, the market will also face pension fund rebalancing. As a result, capital flows in the market are expected to stabilize again in July, and AI-related U.S. stocks may resume their upward trend at that time.

Golden Ten Data reported on June 26 that after the release of US inflation data on Thursday, bond traders slightly lowered their expectations for a Federal Reserve rate hike this year, and the probability of an increase next month also fell to about one-third. However, the trend of tightening monetary policy still poses an obstacle for gold, making its investment appeal less than that of yield-bearing assets such as US Treasury bonds. “Gold has almost priced in the risk of further Federal Reserve tightening, but has not yet priced in the pattern of persistently ‘higher for longer’ real yields,” said Invesco market strategist David Chao.