Odaily reports that a16z states the market cap of tokenized stocks reached approximately $1.7 billion by the end of June, growing over five times from $329 million a year ago, making it one of the fastest-growing categories among tokenized assets. Unlike stablecoins, the market cap of tokenized stocks is influenced by both new issuance and price fluctuations of the underlying assets. However, data shows that growth is primarily driven by issuance expansion, with over half of the market cap coming from assets that were not yet on-chain a year ago. Moreover, most of the new balance arrived mid-year, by which time most of the price changes in the underlying stocks had already occurred.
According to Odaily, from January to June 2026, approximately $200 million in bets on the Polymarket platform were flagged as exhibiting characteristics of suspected insider trading. The related transactions were primarily concentrated on geopolitical events such as the Iran war and the situation in Venezuela.
Data shows that 57% of profitable wallets were created within 24 hours before the trades, with some associated wallets profiting about $1.6 million from bets on events related to US military actions. Furthermore, a significant amount of the funds suspected of being used for insider trading was deposited via regulated US crypto exchanges. In markets related to Iran, approximately 71% of traceable funds originated from US-regulated crypto exchanges.
Polymarket stated that the platform has strengthened its monitoring mechanisms and has submitted nearly 100 suspicious wallet addresses to law enforcement agencies. (Bloomberg)
Odaily Odaily reports that the whale "先定 10 个大目标" shared a screenshot on social media, indicating they had opened a 4x leveraged long position on Bitcoin. The position once showed a floating profit exceeding $4.5 million, with a return on investment of 7.12%.
Previously, the whale stated that recent trades have focused on short-term long positions, with no short operations executed for now. They believe Bitcoin is currently near a short-term bottom, and the subsequent trend may gradually strengthen, so they are unwilling to miss potential bullish signals. This position may be held for the medium to long term, but will be adjusted based on market conditions.
Odaily reported that Joe Burnett, Vice President of Strive, stated on platform X that the U.S. federal government issued approximately 1 million BTC worth of new debt yesterday, which he believes is unsustainable.


