ETHへの関心が強まる中、この動きは今後の価格推移に何を示唆するのかが焦点となっている。短期的な値動きが弱い局面でも買い手が増えている点が注目される。ETFからの資金流出が続く一方で、投資家の姿勢に変化が出ている可能性がある。

StrategyのMichael Saylor氏はXへの投稿で、2022年の暗号資産ベア市場以降、同社がどのように状況を好転させたかを振り返った。同社は2022年10月時点で約130,000 Bitcoin（BTC）を保有し、BTC価格が約$20,000の局面で評価額は約$2.6 billionだった。現在はBTC保有と現金準備が総負債を約$48 billion上回り、実質的な資産余力を持つ形になっている。

アーサー・ヘイズ氏の売買と、大口投資家（クジラ）による買い集めが同時に進むなか、ETHを巡る市場心理が交錯している。FalconXから約2,170万ドル相当の資産が引き出され、そのうち1,440万ドルがETHだった。テイカーCVDなど一部指標は買い手優位への転換を示す一方、米国の現物ETFでは機関投資家需要がマイナスに転じ、価格は2,000ドルを下回って推移している。

DeFiのレバレッジ上昇により、清算が連鎖的に発生する可能性が改めて意識されている。オンチェーン・レバレッジ比率は約38%に達し、TVLの縮小や資本流出で分母が縮んだ影響もある。借り入れ水準がTVL低下に合わせて落ちていないため、デレバレッジはまだ顕在化していないとBinanceは指摘した。

Bitmine, owned by Tom Lee, acquired an additional 25,000 Ethereum (ETH) from BitGo worth $41.09 million, bringing its three-day accumulation to 125,000 ETH valued at $206 million. The purchases came as ETH slid through June after trading near $2000 at the end of May and later reaching $1,661.50, while it was up 2.85% over the last day at the time of writing.

Average monthly trading volume across South Korea’s five major KRW exchanges fell from 125.2 trillion won to 98.1 trillion won in Q1 2026. The pullback was linked to a shift toward long-term holding, stronger domestic equities, and macro headwinds such as higher oil prices and interest rates. Policymakers are also weighing DABA Phase 2 rules, including potential caps and stablecoin issuance frameworks.

Bitcoin fell more than 2% over the past day and traded at $61,336.93 at press time, putting the $60K level back in focus. Over the last month it dropped more than 24%, sliding from about $82k in mid-May to roughly $61k at publication. On-chain data now shows growing capitulation signals, with CryptoQuant’s Supply in Loss (7D MA) moving above 50% for the first time since November 2022.

Metaplanet CEO Simon Gerovich said the company is evaluating common-share buybacks as a way to improve "BTC Yield" for shareholders, especially when mNAV is below 1.0x. The firm's Capital Allocation Policy was adopted on Oct. 28, 2025, when mNAV was 1.35x, while mNAV was reported at 0.939x at press time. Metaplanet reported holding 40,177 BTC valued at $2.5 billion, with its shares trading at 243 JPY after a 2.53% daily gain.

Grayscale introduced the Grayscale Hyperliquid (HYPE) Staking ETF (HYPG) on June 3 and said it has begun trading on Nasdaq. The product is designed to provide HYPE exposure while seeking staking rewards, and it debuts with a 0.29% sponsor fee—lower than other U.S. Hyperliquid ETPs. Data cited in the report put HYPE ETF assets at $192.01 million with a June 3 daily net inflow of $2.99 million, alongside HYPE at $72.79 after a 0.58% daily rise at publication time.