Jacek Walewski

...

[Ali Charts @alicharts]

Ethereum $ETH is entering what I believe could be one of the best long-term accumulation zones.

Here's why I'm buying.

[Eleanor Terrett @EleanorTerrett]

🚨NEW: Some color on Wednesday’s meeting between law enforcement groups, administration officials and Congressional members and staff on the Clarity Act:

📌 The meeting was hosted by @patrickjwitt and the White House Crypto Council in the Eisenhower Executive Office Building. Around 20 attendees were present, including @GOPMajorityWhip and @DavidSacks who delivered opening remarks before departing. Also in attendance were officials from @USTreasury, @FinCENnews, Senate staff and @DAGToddBlanche office.

📌 On the law enforcement side, attendees included the Fraternal Order of Police (@GLFOP), National Association of Police Organizations (@NAPOpolice), International Association of Chiefs of Police (@TheIACP), the National District Attorneys Association (@ndaajustice), and the National Association of Assistant U.S. Attorneys (@WeAreNAAUSA). The National Sheriffs’ Association (@NationalSheriff) was invited but did not attend.

📌 Sources tell me the meeting consisted of almost 90 minutes of substantive discussion and debate, much of it focused on the Blockchain Regulatory Certainty Act (BRCA).

📌 Potential solutions to strengthen crypto crime reporting and enforcement tools were also discussed as lawmakers and stakeholders continue working to build support for the legislation.

Ultimately, these groups will need to signal to Democratic senators like @CortezMasto and @MarkWarner that they are not opposed to the bill’s parameters, including the BRCA, to secure their votes on the floor.

[Cointelegraph @Cointelegraph]

🔥 UPDATE: Fidelity ETF clients bought $28.6M in $ETH this week, the strongest weekly buy in two months.

[Eleanor Terrett @EleanorTerrett]

🚨🗞️NEW: Clarity Act Hits Ethics Snag as White House Courts Law Enforcement Support

Dems left a Tues meeting frustrated after GOP walked back key elements of a tentative ethics deal. Talks expected to continue Thurs.➕ WH convenes law enforcement groups.

https://t.co/YaKxuTKL09

[Arkham @arkham]

Fidelity bought more ETH this week so far than any week in the past 2 months.

[Leon Waidmann @LeonWaidmann]

ETH on exchanges just hit 14.5M, the lowest level in history! 📉

🔹 21M ETH (Oct 2023) → 14.5M today
🔹 6M+ ETH pulled off exchanges in 2.5 years
🔹 Steepest drop came during the crash, not before it

Crashes are supposed to send coins back to exchanges. The opposite happened.

Whoever is buying here isn't selling back!

Data via @cryptoquant_com

[Eleanor Terrett @EleanorTerrett]

🚨NEWS: A Dem source familiar with a bipartisan meeting between Senate lawmakers today described ethics negotiations as “rocky,” citing what they characterized as an “about-face” by GOP members and the White House on an agreement they say had previously been reached ahead of the Senate Banking Committee markup last month.

That agreement, I’m told, originally included a provision that would have allowed state attorneys general to sue the DOJ for failing to enforce certain ethics provisions.

GOP sources respond by saying that concerns were later raised by senators not involved in the ethics discussions about allowing state AGs to bring such actions against federal officials, including members of Congress.

More to come in Wednesday @CryptoAmerica_ newsletter.

[Jacek Walewski @JacekWalewski2]

Enough

[Elon Musk @elonmusk]

Enough.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Top crypto companies send joint letter urging Congress to include legal protections for developers in crypto Clarity Act.

• a16z
• Aave
• 1inch
• Block
• BitGo
• Aptos
• Zcash
• Solana
• Galaxy
• Ledger
• Kraken
• Uniswap
• Coinbase
• Hyperliquid
• Many others

[Cointelegraph @Cointelegraph]

🇺🇸 JUST IN: US administration officials are set to meet law enforcement groups at the White House this Wednesday.

This is part of ongoing efforts to address concerns that certain Clarity Act provisions could hinder efforts to combat illicit finance, per Eleanor Terrett.

[Eleanor Terrett @EleanorTerrett]

🚨NEWS: Administration officials will host law enforcement groups at the White House Wednesday as part of ongoing efforts to address concerns that certain provisions in the Clarity Act, including developer protections derived from the Blockchain Regulatory Certainty Act, could make it harder to combat illicit finance, according to three sources familiar with the meetings.

The issue, along with ethics, remains one of the major sticking points that must be resolved before lawmakers can bring the bill to the Senate floor. Several Democrats have signaled they will not support the legislation unless law enforcement believes its concerns have been adequately addressed.

The meetings come on the heels of a broader industry push to win support for the bill from lawmakers and law enforcement, including a town hall and a fly-in featuring former law enforcement officials now working in crypto.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says Israeli Prime Minister Netanyahu will have "no choice" but to accept a US deal with Iran, because he "calls the shots," per FT.

Details include:

1. "I call the shots. I call all the shots. He [Netanyahu] doesn’t call the shots," Trump said

2. Trump said today's missile strikes by Iran will not impact the deal

3. Trump said he believes "the deal is going on"

4. Trump said that Iran’s strikes had not changed his desire to conclude US-Iran negotiations

Oil prices are trading higher.

[CRYPFLOW @_Crypflow_]

$ETH/BTC (1M) - This is where ETH woke up last cycle. 👀

Back in 2020, ETH/BTC bottomed in this zone.

What followed was one of the strongest periods of ETH outperformance in history.

Today:
→ ETH/BTC is back at the same support level
→ Price is being squeezed inside the apex

A breakout from this structure could mark the start of a major rotation back into ETH.

This is one of the most interesting ETH charts I've seen in years.

The risk/reward here is becoming very interesting.

Especially if you're thinking in years, not weeks.

[The Kobeissi Letter @KobeissiLetter]

Iranian oil exports are collapsing:

Iran exported just ~209,000 barrels per day of crude oil and condensate in May, the lowest since early 2020.

This marks a -84% decline from April levels, which stood at 1.34 million barrels per day, and -89% from March levels, which were at ~1.90 million barrels per day.

As a result, China's imports of Iranian crude fell to 1.10 million barrels per day in May, the lowest since January 2025, according to Kpler.

This comes as the US naval blockade, which took effect on April 13th, has severely restricted Iranian exports by preventing most vessels from entering or departing Iranian ports.

Meanwhile, Iranian floating storage has declined -43 million barrels since late April, to ~147 million barrels, with ~67 million barrels stranded inside the Persian Gulf and Gulf of Oman and unable to reach buyers.

If these conditions persist for another 2 months, Iran could effectively run out of oil available to ship to China, its largest buyer.

Iranian oil shipments are declining at a rapid pace.

[hantengri @hantengri]

ETH weekly RSI is at its lowest level since the $800 bottom in June 2022

never fade the boomers and RSI gods

[Atal @CRYPTOATAL]

#ETH update

Price flushed Feb Lows, tapping the $1,570 Weekly OB.

​We are at a macro inflection point. A weekly close below opens deeper discounts. If defended, watch resistance at $1,747, $1,938 & $2,111-$2,180.

​Wait for a LTF MSS to confirm smart money intervention. No falling knives.

#crypto #trading #priceaction

[Crypto Patel @CryptoPatel]

ALERT: $ETH RSI Just Hit Its LOWEST Level Since 2015 Launch

Everyone Is Panicking. Everyone Is Selling. Everyone Says ETH Is Dead.
Perfect.

2020: RSI Hit Extreme Lows → ETH Rallied From $88 To $4,867 (60x)
2022: RSI Hit Extreme Lows → ETH Rallied From $880 To $4,954 (4.5x)
2026: RSI At ALL-TIME Lowest → ???

See The Pattern?
Maximum Fear = Maximum Opportunity.

Bookmark This. Future You Will Understand.

[Alphractal @Alphractal]

The Bitcoin Accumulation Trend Heatmap shows a clear cohort divergence has formed over the past 16 months.

Framework note: the heatmap segments the holder base by wallet balance and tracks net accumulation or distribution within each cohort over time. Red shades indicate net distribution, teal indicates accumulation, yellow indicates neutral activity.

What the chart shows from February 2025 through May 2026:
— >100k BTC cohort: persistent green/yellow. Mild net accumulation throughout, no significant distribution windows.
— 10k–100k BTC: mostly yellow with intermittent orange. Behavior closer to neutral than directional.
— 1k–10k BTC: alternating teal and orange. Active two-sided positioning.
— 100–1k BTC: predominantly yellow with occasional teal accumulation spikes. Trending closer to accumulation than distribution.
— 10–100 BTC: deep red between December 2025 and February 2026, then mild orange through April. Sustained net distribution during the $108K → $80K price decline.
— 1–10 BTC: red shading throughout the entire 16-month window. Among the most consistent net distributors on the chart.
— 0.1–1 BTC: persistent orange. Mild but continuous distribution.
— <0.1 BTC: mostly yellow, close to neutral.

The structural pattern: the largest cohorts (>100k and the 100–1k range) trended toward accumulation across the window, while the small-to-mid cohorts (1–10 BTC and 10–100 BTC) trended toward distribution — particularly during the December–February drawdown.

This kind of cohort split is historically associated with what some on-chain frameworks describe as wealth transfer between holder size brackets. Whether that interpretation applies to the current window depends on the underlying drivers — capital gains realization, ETF mechanics, custody migrations, OTC flows — which aren't directly visible from the cohort data alone.

What's observable: the smallest and mid-range cohorts have been net distributors. The largest cohorts have been net accumulators or neutral.

Full heatmap: https://t.co/6vcYmhRfcp

[Alphractal @Alphractal]

The Ethereum 100K–1M ETH balance cohort just printed 11.04M ETH — the lowest reading on the entire chart history.
Framework note: this metric tracks the total ETH supply held by addresses with balances between 100,000 and 1,000,000 native units.

The cohort represents large whale wallets — institutional-scale positions sitting below the most extreme concentration tiers (smart contracts, exchanges, foundation reserves).

What the chart shows over the past four years:
— Early 2022 peak: ~28.83M ETH held by the cohort.
— Mid 2023 plateau: ~17M ETH. Stable for roughly 12 months.
— Mid 2024 rally to ~22M ETH as price ran toward $4.5K.
— Mid 2025 onward: sustained decline.
— Current: 11.04M ETH. The lowest reading visible in the dataset.

Total reduction from the early-2022 peak: approximately -17.8M ETH, or roughly -62% of the cohort's holdings.

What's notable about the timing: the cohort reduced through multiple price rallies. The peak-to-current decline is not concentrated in a single drawdown window — it's spread across both up-trending and down-trending phases. The behavior pattern is sustained distribution rather than capitulation.

The current acceleration: from approximately 22M ETH in mid-2025 to 11.04M today represents roughly a -50% reduction over the past 12 months. The steepest portion of the decline has occurred during the most recent price drawdown from ~$4.5K toward the current $1.78K.

Two readings are visible in the data:

The distribution reading: large wallets have been steadily reducing exposure across the period regardless of price direction.

The relocation reading: the cohort definition is based on wallet balance at on-chain addresses. Migration of holdings into staking contracts, restaking protocols, or ETF custodians would reduce the headline cohort balance without representing actual selling pressure.

Which reading applies depends on tracking the destination of the outflows, which is not visible from the cohort balance metric alone.

What's observable: the 100K–1M ETH cohort holds approximately 62% less ETH today than it did at the peak of the dataset.

Full chart: https://t.co/6vcYmhRfcp

[ᴀʟᴛꜱᴛʀᴇᴇᴛ ʙᴇᴛꜱ @AltstreetBet]

#ETH macro ,
Phase II in progress.