🧠 Bitcoin Shrinks on Exchanges / ETH Dips Below $2.5K Post

Plus: The memecoin with AI dreams and a $12M presale 👇

June 01, 2025

👋 Welcome Back to Macro Point Daily, The smartest crypto take of the day — macro trends, market moves, daily charts, and a side of memes.

Every day we provide the 5 stories which matter most in crypto, and one just for the degens.

In Today’s Edition:

  • 🏦 BTC exchange reserves hit record low

  • 📉 ETH slides under $2.5K amid whale exit fears

  • 📊 Chart: Bitcoin’s 11% monthly gain

  • 🚀 Narrative: AI x blockchain gets a boost

  • 🛠️ Space and Time launches AI-ready mainnet

  • 🐸 Memecoin MIND raises $12M ahead of listing

Let’s dive in.👇

Today’s Edition

📌 Bitcoin Exchange Reserves Hit Record Low

Long-term holders are stacking sats, and exchanges are feeling the squeeze.

Bitcoin reserves on exchanges have dropped to an all-time low, signaling strong accumulation by long-term holders. This trend suggests a growing confidence in Bitcoin's future value, as investors move their assets off exchanges and into cold storage. The reduced supply on exchanges could lead to increased price volatility, especially if demand surges. Analysts are watching closely to see how this will impact Bitcoin's price trajectory in the coming weeks.

  • 🔒 Exchange reserves at all-time low, indicating strong accumulation

  • 📉 Potential for increased price volatility due to reduced supply

  • 📈 Analysts anticipate bullish momentum if demand increases

📉 ETH Slides Under $2.5K Amid Whale Exit Fears

Ethereum experiences a sharp dip as large holders move assets.

Ethereum's price fell below $2,500 today, triggering concerns about potential sell-offs by major investors. The sudden drop was accompanied by a spike in trading volume, suggesting that significant transactions were taking place. While the price has since recovered slightly, the market remains cautious. Observers are closely monitoring whale activity to gauge future movements.

  • 📉 ETH price dipped below $2,500, raising concerns

  • 🐋 Whale activity suggests potential large-scale sell-offs

  • 📊 Market remains cautious, watching for further developments

📊 Bitcoin’s 11% Monthly Gain Signals Bullish Momentum

BTC closes May with significant gains, indicating strong market confidence.

Bitcoin ended May with an 11% increase, showcasing robust market performance. This upward trend reflects growing investor confidence and could signal the start of a new bullish phase. The consistent gains throughout the month suggest that Bitcoin is gaining traction as a preferred investment asset. Analysts are optimistic about continued growth if current trends persist.

  • 📈 11% gain in May, highlighting strong performance

  • 💰 Investor confidence appears to be growing

  • 🔮 Potential for continued bullish momentum in the near term

AI x Blockchain: The Next Big Thing?

Integration of artificial intelligence and blockchain technology gains momentum.

The convergence of AI and blockchain is emerging as a significant trend in the tech industry. Projects that combine these technologies are attracting attention for their potential to revolutionize various sectors. The integration promises enhanced security, efficiency, and scalability. As more companies explore this synergy, it's becoming a narrative to watch closely.

  • 🤖 AI and blockchain integration is gaining traction

  • 🔐 Enhanced security and efficiency are key benefits

  • 📈 Growing interest from tech companies in this convergence

🛠 Space and Time Launches AI-Ready Mainnet

New blockchain platform aims to revolutionize data processing with AI integration.

Space and Time has officially launched its mainnet, introducing a blockchain platform designed to integrate seamlessly with artificial intelligence applications. Backed by Microsoft, the project aims to provide a decentralized infrastructure for AI-driven data processing. This development could pave the way for more sophisticated and secure AI applications across various industries.

  • 🚀 Mainnet launch marks a significant milestone for the project

  • 🤝 Microsoft-backed initiative adds credibility and resources

  • 🔗 Potential to transform AI data processing through decentralization

Degen Domain

🖼️ MIND of Pepe: The AI Memecoin Raising Eyebrows

New memecoin combines AI themes with internet culture, raising $12M in presale.

MIND of Pepe, a memecoin blending artificial intelligence concepts with the iconic Pepe meme, has successfully raised $12 million in its presale. The coin is generating buzz for its unique approach to combining tech themes with internet culture. While some investors are skeptical, others are intrigued by its potential. The upcoming listing will be a critical test of its market appeal.

  • 💸 $12M raised in presale, indicating strong interest

  • 🧠 Combines AI themes with popular meme culture

  • 📅 Upcoming listing will test market reception

💬 Quote of the Day

“Narratives are the alpha. Everything else is lag.”
— Anon fund manager on Twitter

See you tomorrow. Forward to a friend who still thinks ETFs are boring.

📉📈🧠🫡
— Macro Point Daily