A large trader who had amassed a $35M+ long position in $SPCX has fully exited, realizing a $331K loss. The position had previously shown more than $2M in unrealized gains, but no profits were taken.

ChainCatcher cited SoSoValue data showing that XRP spot ETFs collectively logged $2.0443 million in net inflows on June 12 (U.S. Eastern Time). The only fund to record net inflows was the Canary XRP ETF (XRPC), which added $2.0443 million, lifting its cumulative net inflow to $461 million. As of publication, total net asset value across all XRP spot ETFs stood at $979 million. XRP represented 1.39% of total ETF assets, while cumulative net inflows reached $1.436 billion.

ChainCatcher reports that Ondo Finance has announced SpaceX is now available onchain. Its IPO token, \u0022$SPCX\u0022, is live on the Ondo Global Markets platform with support for Solana, Ethereum and BNB Chain. Ondo said this is the largest IPO in history to be tokenized onchain on its first day of listing.

ME News reported that on June 13 (UTC+8), Hyperliquid's top five assets by 24-hour notional trading volume were concentrated in stocks, indices and commodities, with combined turnover of about $3.344 billion. The SPCXUSDC pair led the list, contributing 41.33% of total volume, far ahead of other products in the segment. The top five assets were SPCX, XYZ100, CL, SP500 and BRENTOIL. (Source: D Pro)

Investor demand for Hedera exposure remains steady. Canary's spot @Hedera ETF recorded a net inflow of $648,540 on June 11, extending a run that has featured just one day of net outflows since the fund launched in October 2025. SoSo data shows the ETF now holds more than 1.5% of $HBAR's current circulating supply.

Plasma's XPL extended its rally over the past 24 hours, climbing 27.54% to $0.07904, according to CoinDesk. Trading activity accelerated alongside the move, with daily volume reaching about $149 million, up 128.02% from the prior day. This advance stands out from earlier rebounds as participation increased across both spot and derivatives venues, suggesting fresh capital returning to the market and a stronger bias toward near-term upside. Open interest rose to roughly $118 million, led by derivatives positioning: XPL open interest increased 47.37% to $117.57 million. When open interest expands in tandem with a sharp price rise, it typically signals new money entering futures rather than traders simply rotating existing exposure, reinforcing the market's short-term bullish tilt. The buildup in leveraged positions can also raise liquidation risk if prices pull back. A failure to hold current levels could translate into higher volatility. Technically, XPL is nearing the upper boundary of a descending channel. Price previously found support around $0.060 near the channel's lower boundary, then rebounded quickly and pushed toward resistance above the channel. It is now approaching that key area without a confirmed breakout. Momentum gauges have improved. The Relative Strength Index (RSI) has rebounded to 50.99 and moved above the signal line near 43.13, pointing to firmer buying pressure. The Parabolic SAR has flipped below price, reflecting short-term bullish momentum. The broader downtrend channel remains intact, keeping the resistance zone in focus. Sustained buying could drive a test of the channel's upper boundary; rejection there could send the token back into consolidation. Derivatives sentiment also leans constructive. The open-interest-weighted funding rate remains positive, indicating stronger demand for longs than shorts and aligning with the recent surge in open interest. Funding has not reached extremes, implying improving sentiment without clear signs of overcrowded long positioning. If price strength persists and additional capital follows, XPL could still have room to move higher.

Spot Ripple ETFs logged another session with no trading activity. Across the past five trading days, the funds have recorded $0 in activity on three days, tempering what had been a strong start to 2026 for the products. Even so, momentum has not fully faded. The ETFs have attracted $11.3 million of net inflows in June so far, suggesting demand remains intact. Collectively, the funds still hold 1.40% of the current $XRP supply.

Large Litecoin holders continue to add to positions even as the market debates LitVM. Wallets holding 10,000+ litecoin:native rose to 648, up 7% over the past five months. According to @SantimentData, whales kept buying despite muted price performance, while transaction volume has slipped to its lowest levels of the year. Much of the attention is centered on LitVM, @litecoin's first official smart-contract layer. The initiative is backed by the Litecoin Foundation (@LTCFoundation) and has been running on a testnet since April. The community remains divided on whether DeFi on Litecoin can translate into sustainable demand. At the same time, some testnet participants are farming activity in anticipation of a token that has not been confirmed.

Paxos has transferred 99,999,999 PYUSD, valued at $100,007,365, to Ethena.