🏦 A whale who lost over $2.5M buying high and selling low is back buying $BTC.

Today, the whale bought 401 $BTC ($26.86M) at an average price of $66,957.

On Jan 16, the whale bought 81 $BTC ($7.73M) at $95,423, then sold it on Feb 23 at $64,243, losing $2.5M.

📊 June 3 Update:

Bitcoin ETFs:
1D NetFlow: -6,679 $BTC (-$445.2M)
7D NetFlow: -28,955 $BTC (-$1.93B)

Ethereum ETFs:
1D NetFlow: -31,294 $ETH (-$57.96M)
7D NetFlow: -169,251 $ETH (-$313.45M)

Solana ETFs:
1D NetFlow: +2,087 $SOL (+$154K)
7D NetFlow: +38,625 $SOL (+$2.86M) #etf

📊 The Rally That Wasn't

#BTC has fallen to $66K, with profitability collapsing, realized losses surging, and spot sellers regaining control. We are below the ETF cost basis, and options continue pricing elevated risk. #etf

Bigcaps like #ETH #SOL breaking down

📉 #BTC Bitcoin falls to $65,986

HODL!

💸 Michael Saylor's 'Strategy' $BTC investment is currently at an $8.5 billion unrealized loss.

🆕 Strive's Jeff Walton stated that the company is raising $8.1 million of capital per day. At that pace, using it to pay dividends would support $15.5 billion of $SATA issuance, equivalent to purchasing about 175,000 additional Bitcoin at today's price, which would 10x their total #BTC holdings.

💵 250,000,000 $USDC (250,087,874 USD) minted at USDC Treasury.

🇹🇷🗣 Rubio confirmed President Trump will attend next month’s NATO summit in Ankara.

🇹🇷🗣 Rubio confirmed President Trump will attend next month’s NATO summit in Ankara.

🇹🇷🗣 Rubio confirmed President Trump will attend next month’s NATO summit in Ankara.

100B$

🕵️‍♂️ 1,594.64 #BTC ($105,014,199)
aggregated inflows to Binance.

🗣 Treasury Secretary Scott Bessent says he is looking "forward to the Clarity Act being passed this summer."

🤔 Jack Mallers: Everybody wants to buy the dip until it's time to buy the dip.

You don't end up on the receiving end of the greatest wealth transfer in human history by believing what everyone already believes.

You get there through proof of work and conviction when everyone else doubts.

📉 Ethereum $ETH falls under $1,800

🇺🇸💰 #BTC Bitcoin critic Peter Schiff warned that the U.S. will suffer the most when the crypto bubble bursts. He argued that America has attracted more capital into crypto than any other country.

🗣 #BTC Blockstream CEO Adam Back told Bloomberg that Strategy's BTC sell proved that Bitcoin is liquid and there is no need to keep large cash reserves anymore.

"It shows the market how to value Bitcoin."

📉 #BTC Bitcoin falls to $64,997

HODL!

📌 Top 5 News for 24 Hour:

1. BlackRock deposits $403.15M in Bitcoin at Coinbase. →
👁 318 | ❤️ 5 | 🔁 6

2. Bankless co-founder allocates funds to VVV, NEAR, ZEC, HYPE, and LIT. →
👁 352 | ❤️ 0 | 🔁 5

3. Campaign in Swedish magazine nominates Satoshi Nakamoto for Nobel Prize in Economics. →
👁 320 | ❤️ 3 | 🔁 4

4. False reports of Zcash block production halt. →
👁 382 | ❤️ 1 | 🔁 4

5. Bitcoin Fear & Greed Index. →
👁 279 | ❤️ 0 | 🔁 5

| |

🇺🇸🏦 #BTC $15 billion investment bank TD Cowen analyst Lance Vitanza has reiterated a buy rating on Bitcoin treasury company Strategy with a price target of $400.