Tom Lee Buys More ETH; BlackRock BUIDL Surpasses $2B; Onchain Volume Soars
Reports indicate significant activity in the cryptocurrency market. Tom Lee reportedly purchased an additional $130 million in ETH and maintains a substantial cash position. BlackRock’s BUIDL fund has exceeded $2 billion in assets and distributed $100 million in dividends. Onchain perpetuals have reached $1 trillion in monthly volume. Metaplanet increased its Bitcoin holdings by acquiring 4,279 BTC, bringing its total to 35,102 BTC. Additionally, Unleash Protocol experienced a $3.9 million exploit, with funds allegedly routed through Tornado Cash. A collaboration between REKT drinks and WorldStarHipHop has been teased. The CEO of Abundant Mining notes that Bitcoin's price volatility has not diminished mining demand. South Korea's crypto regulation is reportedly delayed.
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