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- Community Morning Brief — Top Headlines 🔹 June 4, 2025
1. Data: Institutional buyers have increased their Bitcoin holdings by 417,000 BTC so far in 2025.
2. The U.S. has presented Vietnam with a complex list of demands in tariff negotiations.
3. Arkham stated on social media that Satoshi Nakamoto’s net worth has now surpassed Bill Gates’.
4. Trump’s Truth Social has filed an application for a Bitcoin ETF.
5. Bloomberg analyst: IBIT’s Bitcoin holdings could surpass Satoshi Nakamoto’s by the end of next year, becoming the world’s largest Bitcoin holder.
6. Attendees of Trump’s crypto dinner rec - #Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor - 👀 #GateCryptoGiveaway# - Whose eyes are these?
Memecoin Quiz: Guess the memecoins based on the eyes below!
💰 $10 Points * 4 winners
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1️⃣ Follow Gate_Post
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3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
Leverage liquidation in Bitcoin: lost 110 million dollars
Investor James Wynn, known for high-leverage trades in the crypto markets, had his position of 1,044 BTC liquidated following the drop in Bitcoin, resulting in a loss of over 110 million dollars.
Wynn, known as an investor who engages in "high-risk leveraged trading," gained fame in the crypto community for his aggressive positions in both Bitcoin and meme coins like PEPE. Believing that Bitcoin would continue to rise, Wynn opened a long position worth 830 million dollars on May 21, acquiring 7,764 BTC at a price of 105,033 dollars. By May 24, he increased his position to 1 billion 250 million dollars, reaching a total of 11,588 BTC.
However, this rise expectation was rendered futile with the decline of Bitcoin price below 105 thousand dollars. In the drop, it is evaluated that the statement by U.S. President Donald Trump regarding a 50% tariff on the European Union, as well as the deterioration of relations with China, were influential.
Despite all these losses, Wynn still has an open long position of 1,591 BTC, which is approximately 167 million 500 thousand dollars, maintained with a leverage of 40x. The liquidation price of this position is at the level of 104,530 dollars.
Finally, Wynn stated in a statement made through X, "I have revealed how corrupt these markets are. I think the best thing is to buy Bitcoin on the spot market and store it in a cold wallet."
At the time the news was written, BTC is trading at the level of 105,720 dollars.
Published: May 30, 2025 16:17