Shiba Inu’s exchange activity has turned bullish as millions of SHIB tokens move off exchanges amid rising buy activity. Data from CryptoQuant show the token’s exchange netflow at -28,304,500,000 SHIB as of Saturday, June 20. The outflows indicate more SHIB left exchanges for buying than returned for selling over the past 24 hours.

Solana logged strong spot trading activity over the past day and week, placing it ahead of centralized exchanges Coinbase and Kraken on that metric. The network’s spot volumes have been highlighted as notably resilient even amid broader market weakness.

A long-dormant Bitcoin whale has become active again as Bitcoin climbed back above $66,000. The address moved 2,373 BTC after the coins sat untouched for nearly seven years. The transfer was valued at about $156 million.

Fidelity, a spot Ethereum ETF issuer, bought about $28.6 million in Ethereum over the last week, marking its largest weekly accumulation in roughly two months. The pickup comes as the broader Ethereum ETF segment has seen limited fresh inflows and persistent withdrawals, prompting questions about whether institutions are returning to ETH exposure.

MicroStrategy chairman Michael Saylor said on Monday, June 8, that the company purchased 1,550 BTC for about $101 million to increase its Bitcoin holdings. The buys were made between June 1 and June 7 at an average price of $65,332 per BTC, bringing total holdings to 845,256 BTC. Bitcoin critic Peter Schiff called the move "damage control" and argued the company boosted U.S. dollar reserves by $100 million while raising capital via stock sales.

A wallet associated with Ethereum co-founder Joseph Lubin moved 80,001 ETH worth about $121.6 million after more than three years of inactivity, fueling debate over a possible sale. The address previously held 243,300 ETH (about $370 million), and the transfer represents roughly 67% of that balance. While the move has been interpreted as potential sell-side activity, it remains unclear whether the ETH was sent to an exchange.

CryptoQuant data shared on Thursday, June 4, indicates that about 74% of MicroStrategy's 843,706 BTC is currently held at an unrealized loss as Bitcoin retested $61,000 for the first time since February. The figures imply roughly 624,342 BTC were acquired above the current price, leaving only about 26% of the firm's Bitcoin position in profit. Michael Saylor said the company intends to keep buying Bitcoin in both bullish and bearish conditions, even as BTC fell over 14% in the past seven days.

Bitcoin has extended its decline amid ongoing market volatility, with selling pressure increasing after the price slipped under $72,650. Ali Martinez said an MVRV Pricing Bands chart points to a potential next support area near $50,000, while also highlighting $54,300 and $51,000 as key demand levels.

BlackRock moved 6,164 BTC to Coinbase in transfers valued at about $425 million, with the activity reported on Tuesday, June 2. The deposit was split across roughly 13 transactions, mostly in 300 BTC batches, and some market participants view it as a possible sell-related move amid ongoing ETF outflows.