According to Huoxun Finance, on-chain monitoring data shows that a whale that has been dormant for 6 years deposited 1,001 ETH, worth $2.31 million, into Kraken. Currently, the whale still holds 3,000 ETH, worth $6.88 million, through two different wallets.

According to Onchain Lens monitoring, after six years of inactivity, a whale deposited 1,001 ETH, worth $2.31 million, into Kraken. This whale still holds 3,000 ETH, worth $6.88 million, in two different wallets.

Huoxun Finance reports that Ranger Finance, a DeFi project within the Solana ecosystem, has announced a phased shutdown. The project's operations had previously exceeded sustainable limits, and the founder had invested personal funds to maintain operations. However, delayed fundraising led to accumulated bills, ultimately resulting in unsuccessful fundraising, and all raised funds have been refunded. The team prioritized paying employees and suppliers with the remaining two months' worth of operating funds, but this was still insufficient to cover all expenses. An unexpected treasury liquidation impacted budget decisions, and the subsequent Drift attack depleted remaining funds and the founder's personal capital. Users affected by the Drift attack will receive recovery tokens when distributed by the Drift team. The founder apologized, stating that the project should have been shut down sooner.

According to Huoxun Finance, the euro fell to 1.1652 against the US dollar, its lowest level since April 9.

According to Odaily Planet Daily, Cobra (@barrett_io), co-founder of the Solana ecosystem DeFi project Ranger Finance, announced on the X platform that Ranger Finance is gradually shutting down. He stated that the project had been operating beyond sustainable limits for an extended period. The founder had continuously invested personal funds to keep the team running, but delays in fundraising led to a buildup of debt. Ultimately, fundraising failed, and the raised funds were returned. Cobra stated that the team attempted to use the operating funds from the last two months to pay employees and suppliers as fairly as possible, but this was still insufficient to cover all expenses. Furthermore, the treasury liquidation exceeded expectations, severely impacting budget decisions, and the subsequent Drift attack further depleted remaining funds and personal capital. For treasury users affected by the Drift attack, Cobra stated that recovery tokens will be provided during a subsequent distribution by the Drift team. He also acknowledged that, in hindsight, the team should have shut down the project earlier and apologized for this. According to previous reports, SolanaFloor monitoring showed that the Drift protocol vulnerability affected multiple DeFi protocols, with Ranger Finance confirming approximately $900,000 in risk exposure, representing about 6% of its total locked value of $14.6 million. Subsequent data showed that Ranger Finance estimated its losses at approximately $919,000.