According to the author, the erosion of cypherpunk principles in crypto, demonstrated by Coinbase's political sponsorships and Ripple's lobbying activities, could heighten regulatory risks and market volatility. This may influence trading sentiment and strategies for assets like BTC and ETH, potentially leading to price fluctuations as adoption conflicts with decentralization ideals, as stated in the article.

According to Lookonchain, FTX's cold wallet received 252,847 SOL (worth $39.72 million) from Coinbase Prime 11 hours ago (source: Lookonchain on Twitter, June 17, 2025). This significant transfer increases the available SOL holdings under FTX's control, raising concerns about potential sell pressure if these assets are liquidated. Traders should closely monitor Solana (SOL) order books and exchange inflows for volatility, as large wallet movements from major players like FTX can precede sharp price changes. Increased liquidity may also impact short-term price action and provide trading opportunities around key support and resistance levels.