Hey Crypto Addicts,

A Bitcoin wallet that has been completely silent since November 2013 moved 500 BTC worth $40 million on Sunday.

Here is what happened.

The wallet was created in 2013 when Bitcoin traded at $923. The same coins are now worth $40 million. An 87-fold return in 12 years, sitting untouched in a wallet. Just a normal Tuesday on the blockchain…

The transfer fee was 0.0001 BTC, or roughly $8. For context, typical exchange inflow transactions cost ten times more. A whale racing to dump on a centralized exchange does not pay $8 in fees.

CryptoQuant CEO Ki Young Ju was direct: "Classic OTC prep, not dump pressure. Low fees and non-CEX destination scream institutional."

The data backs it up…

Lookonchain confirmed that 72% of 2026 whale moves involving BTC dormant more than seven years resolved as OTC transactions within 48 hours. No exchange. No order book impact. No price crash.

The coins have not appeared in any known exchange deposit address since the move.

Someone who held through every crash since 2013 probably did not wake up Sunday morning to panic sell at $80K.

They just found a better wallet. ☕

What we’ve covered for you today:

First Goldman filed a Bitcoin ETF. Then Schwab launched crypto trading. Now Morgan Stanley walked in and undercut everyone.

Morgan Stanley has launched a crypto trading pilot on E*Trade at 50 basis points per transaction, immediately making it the cheapest major regulated crypto platform in the US.

For context: Schwab charges 75bps. Fidelity charges 1%. Coinbase retail fees can exceed 50bps.

Morgan Stanley just walked in and said less than all of them…

Bitcoin, Ethereum and Solana are now available directly inside ETrade brokerage accounts, with Zerohash handling custody and settlement. The pilot is live now, with all 8.6 million ETrade clients getting access later in 2026.

Morgan Stanley's head of wealth management Jed Finn framed it bluntly: the move is designed to "disintermediate the disintermediators." Wall Street is cutting out the crypto exchanges that spent a decade cutting out Wall Street.

Bloomberg ETF analyst Eric Balchunas summed it up: "This is why TradFi is no joke and crypto exchanges should be scared." 👀

Morgan Stanley oversees $9.3 trillion in client assets across 16,000 financial advisors. That is a distribution channel Coinbase cannot replicate.

The fee war has officially started. ☕

Tom Lee's Bitmine has been buying Ethereum at a pace that made the entire market uncomfortable. This week he pumped the brakes.

Bitmine added just 26,659 ETH last week, worth approximately $62 million, its smallest weekly purchase since launching the Ethereum treasury strategy last June.

For context, recent weeks averaged over 100,000 ETH. That is a significant step down.

The reason is not bearish. It is mathematical.

At 100,000 ETH per week, Bitmine would hit its target of 5% of Ethereum's entire circulating supply by mid-July. The company had originally planned to reach that milestone in late 2026. They got there too fast. Lee decided to pace it out.

Total holdings now sit at 5,206,790 ETH worth $12.1 billion, representing 4.31% of all Ethereum in circulation. More than 90% of those holdings are staked, generating $319 million in annualised staking rewards.

Lee reiterated his "Crypto Spring" thesis at Consensus Miami, pointing to Wall Street tokenization and agentic AI as Ethereum's two primary future drivers. He added: "If ETH closes above $2,100 at end of May, it would be the third consecutive monthly gain. This has never been seen in a crypto bear market."

Bitmine is not stopping. It is just walking instead of sprinting.

The target is still 5%. ☕

Last month, 48% of visitors to documentation sites across Mintlify were AI agents, not humans.

Claude Code, Cursor, and other coding agents are becoming the actual customers reading your docs. And they read everything.

This changes what good documentation means. Humans skim and forgive gaps. Agents methodically check every endpoint, read every guide, and compare you against alternatives with zero fatigue.

Your docs aren't just helping users anymore. They're your product's first interview with the machines deciding whether to recommend you.

That means: clear schema markup so agents can parse your content, real benchmarks instead of marketing fluff, open endpoints agents can actually test, and honest comparisons that emphasize strengths without hype.

Mintlify powers documentation for over 20,000 companies, reaching 100M+ people every year. We just raised a $45M Series B led by @a16z and @SalesforceVC to build the knowledge layer for the agent era.

Make Your Docs Agent-Ready

SUI had a very loud weekend. And the reason is actually worth understanding.

SUI Group Holdings, a Nasdaq-listed company trading under ticker SUIG, moved its entire 108.7 million SUI treasuryinto direct staking, removing 2.7% of SUI's entire circulating supply from active trading in one transaction…

Here is why that matters.

74% of total SUI supply is already staked, meaning the tradeable float was razor thin before this move. Pulling another 2.7% off the market in one shot created a textbook supply shock. Less supply. Same demand. Price goes up fast.

SUI ripped from $0.94 to a high of $1.41 before settling around $1.29. Daily volume exploded from $213 million to over $4 billion. Open interest jumped from $450 million to over $620 million.

Three more catalysts hit simultaneously. CME Group launched SUI futures. A $3 million liquidity incentive programwent live. New payment partnerships announced at Consensus Miami 2026.

The honest caveat: RSI hit 85 at the peak. Overbought. Profit-taking followed. A large token unlock is also sitting on the calendar.

Supply shock triggered. Profits taken.

The setup is still interesting.☕

The Future of Crypto Banking Is Here

While most people are still juggling wallets, exchanges, and banks… a small group is already moving faster with all-in-one crypto banking.

Veil Bank isn’t just another tool.

It’s a privacy-first omni-bank where you can swap, bridge, borrow, and spend ~ all in one place, without friction.

No delays. No unnecessary steps. No outdated systems holding you back.

The reality? The people who adopt better tools early are the ones who win long term. Everyone else catches up later… at a cost.

Don’t be the one still figuring it out when the edge is already gone.

👉 Get ahead here: https://veilbank.co/#products

The DeFi industry is facing a growing identity crisis after several protocols stepped in to freeze stolen funds linked to major hacks and exploits. While many users praised the move for protecting victims, others argued it goes against the core idea of decentralization.

Solana has seen renewed momentum after fresh demand returned to the market, driven by growing optimism around a potential Solana ETF and improving institutional interest. Traders are increasingly eyeing the $120 level as a key upside target.

Bitcoin miner MARA Holdings saw its shares fall sharply after reporting a weaker-than-expected first quarter, including an almost $1 billion net loss and revenue that missed analyst expectations. The company posted roughly $174.6 million in revenue.

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They said inflation is transitory… Bitcoin said ‘I’ll be permanent….