The $23.9 Million Whale Liquidation That Nobody Should Ignore: Pension-usdt.eth, ENA, and the Mechanics of DeFi Risk
Date: June 2025 | By Oliver Thompson, CBDC Researcher & Macro Analyst Hook: A...
Block reward reduced to 3.125 BTC
Block reward halving event
Independent validator client goes live on mainnet
Raises validator limit and account abstraction
Circulating supply increases by about 2%
Team and early investor shares released
92 million ARB released
Improves data availability sampling efficiency
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Neutral
Market Sentiment
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$75,777.4 |
| 1 |
Ethereum
ETH
|
$2,393.99 |
| 1 |
Solana
SOL
|
$97.24 |
| 1 |
BNB Chain
BNB
|
$711.7 |
| 1 |
XRP Ledger
XRP
|
$1.27 |
| 1 |
Dogecoin
DOGE
|
$0.0792 |
| 1 |
Cardano
ADA
|
$0.1919 |
| 1 |
Avalanche
AVAX
|
$7.25 |
| 1 |
Polkadot
DOT
|
$0.9768 |
| 1 |
Chainlink
LINK
|
$10.73 |