SoSoValue data show that U.S. spot Bitcoin ETFs posted a combined net outflow of $519 million on June 2 (ET), extending their outflow streak to 12 consecutive sessions. U.S. spot Ethereum ETFs also remained under pressure, recording total net outflows of $90.15 million for the day and stretching their run of redemptions to 16 days.

Bitcoin "whales" and "sharks" sold a combined 24,602 BTC last week, helping push the price down 13%, according to Santiment. At the same time, retail micro traders were net accumulators. Santiment noted that a reversal in both flows—large holders turning back to buying while small traders ease off—could mark an attractive dip-buying window.

Bitcoin briefly fell below $66,000, pressured by outflows from spot bitcoin ETFs and heightened geopolitical concerns that weighed on risk appetite across the crypto market.

Flash: Bitcoin has fallen below $66,000.

Bitcoin experienced a significant 13% price decline over the seven-day period ending Dec. 11, driven primarily by aggressive selling from large-scale investors. According to market data, wallets categorized as "whales" and "sharks"—those holding between 10 and 10,000 BTC—offloaded a total of 24,602 BTC, representing an 18% reduction in their collective holdings. In contrast, micro-retail traders holding less than 0.01 BTC showed modest accumulation, adding 61 BTC to their positions, a 12% increase. Market analysts suggest that a sustainable "buy-the-dip" opportunity typically requires a synchronized shift toward accumulation across both institutional and retail cohorts. Investors are advised to monitor stakeholder positioning dashboards to track real-time capital flows between these divergent market segments.

Bitcoin fell below $68,000, setting off more than $1 billion in liquidations as ETF outflows and geopolitical uncertainty pressured risk sentiment. In Washington, the CLARITY Act advanced onto the Senate calendar. Galaxy Digital highlighted its conviction in the bill's prospects by putting on a $10 million bet tied to eventual approval. Coinbase disclosed an investment in Ethena and unveiled a partnership aimed at bringing onchain finance products to more than 100 million users. The announcement pushed ethereum:0x57e114b691db790c35207b2e685d4a43181e6061 sharply higher. Ripple expanded RLUSD into Türkiye. Separately, SBI Holdings partnered with Anthropic to roll out Claude AI across its financial businesses. Ethereum's bullish narrative gained traction after Standard Chartered said ethereum:native could outperform bitcoin:native, as institutional accumulation of ethereum:native continued. Today's focus: Grayscale's hyperliquid:native Staking ETF may be nearing launch after the firm disclosed a 0.29% management fee. Senate discussions on the CLARITYAct are expected to resume as lawmakers return to Washington. Investors are also tracking SEC and CFTC proposals that could reshape derivatives and crypto market oversight. Bitcoin whale activity jumped to a six-week high, pointing to increased institutional and large-holder participation. Anticipation around a SpaceX IPO is also drawing attention to Rocket Lab and AST SpaceMobile.

Shares of Strategy fell for a second consecutive session after the $56 billion bitcoin heavyweight sold BTC.

Blockchain data shows 1,832 BTC (USD 123,769,136) was transferred from OKEX to an unidentified wallet.

Capital B has formally requested shareholder approval to authorize an issuance capacity of up to €105 billion ($122 billion) through a combination of equity and debt instruments. This strategic initiative, aimed at accelerating the company's Bitcoin accumulation strategy, represents one of the most significant capital mandates proposed for digital asset acquisition to date. According to the company's proposal, the expanded capacity will provide the financial flexibility necessary to execute large-scale BTC purchases and solidify its position within the digital asset ecosystem. The move follows an increasing trend of public firms leveraging capital markets to strengthen corporate balance sheets with cryptocurrency reserves. If approved, this mandate would allow Capital B to navigate market conditions aggressively, potentially influencing institutional sentiment and Bitcoin's status as a primary treasury reserve asset.