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Public Companies Bought $575M in BTC and ETH Last Week
During June 1–7, public companies acquired 4,508 BTC (roughly $288 million) and added large ETH positions, according to Lookonchain data. Strategy led the Bitcoin buys with 1,550 BTC purchased at an average price of $65,332, costing about $101 million. Strive also added 32 BTC on the same day. On the Ethereum side, Bitmine acquired 126,971 ETH, valued at approximately $214 million at current prices — its largest single-week accumulation of 2026. The company now holds roughly 5.54 million ETH, representing about 4.59% of Ethereum's circulating supply. Combined, the two companies accounted for just over half of the $575 million total institutional accumulation last week.
DEX Activity Picked Up Sharply
Trading on decentralized exchanges rebounded strongly during the same period. Spot volume rose 64% week-over-week, while perpetuals volume climbed 69%. The surge in on-chain trading suggests renewed engagement from market participants even as prices remained under pressure. Whether this activity translates into sustained momentum depends on whether spot demand follows.
Stablecoin Market Cap Contracted by $3.47 Billion
The total stablecoin market capitalization declined by $3.47 billion last week. The contraction signals liquidity leaving the market rather than waiting on the sidelines for reallocation, which could make a sustained recovery harder to maintain without fresh capital inflows.
Funding Rates Turned Negative
Bitcoin perpetual futures funding rates have moved into negative territory, with the annualized rate near minus 2%. This indicates that bearish traders are now more confident and willing to pay to hold short exposure. When funding rates are negative, shorts are paying longs — a setup that historically has preceded sharp short squeezes if price moves against them.
Where the Short Squeeze Risk Actually Sits
Crowded short positions have accumulated between $63,000 and $66,000. If Bitcoin rebounds toward $66,000, an estimated $2.6 billion in short positions could be forced out. By comparison, a further decline from current levels to $57,000 would put about $1.2 billion in long positions at risk. This asymmetry makes the current range more dangerous for bears than the headline price action suggests.
Technical support sits between $59,000 and $62,000, which aligns with the zone where funding flipped negative. On June 5, Bitcoin briefly fell below $60,000, touching $59,100, before bouncing back above $62,000. The clean test of that support zone and the subsequent recovery confirm its significance.
What This Means for Positioning
The leverage reset has removed much of the crowded long positioning that fueled the prior drawdown. Open interest has fallen substantially, and funding now tilts toward short-heavy. Cleaner positioning means the market is less prone to cascading liquidations on the downside, but it does not replace lost spot demand.
Bitcoin ETF outflows remain a headwind. US spot Bitcoin ETFs posted 13 consecutive days of net outflows through last week, totaling $4.33 billion. Until ETF flows stabilize or reverse, upside conviction will remain limited.
For now, the structure favors a potential relief rally driven by short covering, but sustained upside requires fresh spot demand — which has not yet materialized.
This content is for informational purposes only and does not constitute financial advice. Always conduct your own research.
#BitcoinRalliesOver5Percent
$BTC $ETH

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ME News message: On June 8 (UTC+8), among the Top 5 by 24h price increase on this list, stocks account for 66.6% of trading volume, and pre-IPO accounts for 33.4%. Among the 5 underlying assets, 4 have negative funding, indicating a more concentrated bearish paid signal. The top 5 assets are: SPACEX, SPCX, HIMS, RKLB, SKHX. (Source: [D

Peter Schiff said Bitcoin could drop below $20,000 if Bitcoin falls below $50,000. Schiff said such a move could shake long-term holder confidence and trigger larger sell-offs.

SoSoValue data showed Bitcoin fell 6.03% below $67,000 and Ethereum fell 6.52% below $1,900 over 24 hours. The RWA sector rose 3.48% over the same period while several other crypto sectors declined.

While we were arguing about the next billion dollar runners and alt season
Micron Technology went from a $72 BILLION market cap in April 2025 to almost passing Bitcoin's $1.3 TRILLION valuation in just one year

HYPE 120's position with over 300 million short orders was liquidated, and given the current trading volume and market control situation, it’s very likely to test $HYPE

June 2 Update:
#Bitcoin ETFs:
1D NetFlow: -7,042 $BTC(-$483.59M)🔴
7D NetFlow: -25,914 $BTC(-$1.78B)🔴
#Ethereum ETFs:
1D NetFlow: -22,452 $ETH(-$44.23M)🔴
7D NetFlow: -147,560 $ETH(-$290.69M)🔴
#Solana ETFs:
1D NetFlow: +4,066 $SOL(+$321K)🟢
7D NetFlow: +39,397 $SOL(+$3.11M)🟢

JUST IN: Hyperliquid’s HYPE clears the breakout of its bull pennant, eyeing a ~$105 target. If sustained, expect renewed attention on its bullish setup and potential for near-term continuation. $HYPE

I don't know why projects agree to give random $BNB holders huge amount of tokens to insta dump at the expense of genuine holders. $GENIUS was on it's way to $1 but nuked 50% due to HODLer airdrop.

#24hCryptoFuturesLiquidationsTop400M
Over the past 24 hours, crypto derivatives markets saw a heavy liquidation wave exceeding $400 million, with some intraday spikes reaching between $700 million and $780 million during peak volatility conditions. This event impacted nearly 80,000 to 100,000 traders, showing how aggressively leveraged the market had become.
Most liquidations came from long positions, meaning traders were positioned for continued upside. Instead, Bitcoin reversed sharply from the $76,500–$77,200 area and dropped toward the $72,000–$73,500 region, triggering cascading liquidations across multiple exchanges.
Bitcoin alone contributed roughly $80 million to $95 million in liquidations, while Ethereum added approximately $40 million to $70 million, and altcoins collectively amplified losses due to thinner liquidity and higher leverage exposure.
How Crypto Futures Liquidation Works
Crypto futures trading allows traders to control large positions using leverage, but this also increases risk significantly.
For example, a trader using $1,000 at 10x leverage controls a $10,000 position, while 20x leverage expands it to $20,000, and 50x leverage increases exposure to $50,000.
At higher leverage levels, even small price movements become dangerous. A 5% drop can liquidate a 20x position, while a 10% move can wipe out a 10x position, and ultra-high leverage positions can be destroyed by moves of just 1% to 2%.
Liquidation occurs when the margin falls below maintenance requirements. At that point, exchanges automatically close positions at the mark price, which is calculated using a fair-value index from multiple exchanges rather than the last traded price. This is why traders sometimes get liquidated even when price briefly rebounds on spot charts.
The Cascade Effect Behind Massive Losses
The most dangerous feature of crypto derivatives is the liquidation cascade effect.
When Bitcoin enters a highly leveraged zone, such as between $73,000 and $72,000, the first wave of long positions begins to get liquidated. These forced sell-offs increase downward pressure, which pushes price lower into the next cluster of leveraged positions.
During this event, major liquidation clusters were observed at $73,500, $73,000, $72,500, and $72,000, and once price entered this zone, forced selling accelerated rapidly.
Each liquidation triggers more selling, which triggers more liquidations, creating a chain reaction that can wipe out hundreds of millions in minutes.
Bitcoin Current Price Structure
Bitcoin is currently trading around $73,000 to $74,000, after failing to sustain momentum above the $76,500–$77,500 resistance zone.
On the downside, the first major support is sitting at $73,000, followed closely by a critical liquidation area around $72,500, where a large number of leveraged long positions are concentrated. If price breaks below this level, the next supports are seen at $72,000, $71,000, and $70,000, with deeper structural support near $68,500 and $65,000.
On the upside, immediate resistance is seen around $74,500 and $75,500, followed by stronger resistance at $76,500 and $77,500. The key psychological barrier remains at $80,000, which has repeatedly rejected upward attempts.
Ethereum and Altcoin Market Damage
Ethereum is currently trading near $1,950 to $2,050, showing weaker momentum compared to Bitcoin after losing strength from higher levels around $2,200+ earlier periods.
Key Ethereum support zones are located at $2,000, $1,950, $1,900, and $1,800, while resistance levels are positioned at $2,100, $2,250, $2,400, and $2,600.
Altcoins experienced even sharper declines, with many mid-cap tokens dropping between 10% and 25% intraday, especially in sectors like AI tokens, meme coins, and high-leverage DeFi assets. This reflects how liquidity dries up faster in smaller markets during liquidation cascades.
Why Macroeconomic Conditions Matter
Crypto markets are now heavily influenced by global macro conditions rather than internal trading dynamics alone.
Key drivers include interest rates, inflation expectations, USD strength, ETF flows, and global risk sentiment. When interest rates remain high, liquidity in financial markets tightens, making speculative assets like crypto more vulnerable to sharp corrections.
This is why Bitcoin’s price action increasingly reacts not just to technical levels but also to broader macro signals such as Federal Reserve policy expectations and global energy prices.
Liquidation Heatmap Structure
Liquidation heatmaps show where leveraged positions are concentrated, and currently both sides of the market are heavily stacked.
On the downside, long liquidation zones are clustered at $73,000, $72,500, $72,000, $71,500, and $70,000, meaning a drop below current levels could trigger another liquidation wave.
On the upside, short liquidation zones are seen at $75,500, $76,500, $77,500, $79,000, and $80,000, meaning a breakout above these levels could trigger a short squeeze.
This creates a tight pressure range where Bitcoin can accelerate quickly in either direction once liquidity is triggered.
Market Sentiment Overview
Market sentiment has shifted toward caution, with the Fear and Greed Index sitting in the low 20s to low 30s range, indicating fear-driven conditions.
Open interest remains elevated, meaning many leveraged positions are still active and vulnerable. At the same time, retail participation has declined after repeated liquidation events.
Despite this, long-term investors continue accumulating in the $70,000–$75,000 zone, viewing it as a potential value range rather than a panic zone.
Potential Market Scenarios
In a bearish scenario, if Bitcoin breaks below $72,500, downside momentum could extend toward $72,000, $71,000, $70,000, $68,500, and even $65,000, especially if another liquidation wave is triggered.
In a base scenario, Bitcoin continues consolidating between $72,500 and $80,000, forming a wide range while the market waits for macro or ETF-related catalysts.
In a bullish scenario, if Bitcoin reclaims $76,500 and breaks above $80,000, price could accelerate toward $85,000, $90,000, $95,000, and potentially $100,000, especially if a short squeeze develops above $79,000.
Trading Lessons From the Liquidation Event
This $400 million liquidation event highlights key lessons for traders.
High leverage remains the biggest risk factor in the market, as even small price movements of 1% to 5% can wipe out entire positions. Liquidity cascades can turn normal corrections into aggressive sell-offs within minutes.
Position sizing and risk control matter far more than directional accuracy. Many traders were not wrong in their market view, but they were overexposed through excessive leverage.
The crypto market is currently sitting in a fragile equilibrium between $72,500 support and $80,000 resistance. Ethereum and altcoins remain more volatile and sensitive to Bitcoin direction.
Until leverage reduces and volatility stabilizes, liquidation cascades remain a constant risk.
Key levels to watch include $72,500 as critical support, $75,500 as mid-range pivot, and $80,000 as major resistance, while the downside extension zone near $70,000 remains a key stress area.
In this environment, survival depends more on disciplined risk management than aggressive trading, because in leveraged markets, small moves can create large consequences.

SoSoValue data shows BlackRock's iShares Bitcoin Trust shed $527.84 million on Wednesday. The outflow was the fund's second-largest single-day net outflow since its January 2024 launch. The 11 U.S.-listed spot bitcoin ETFs lost a combined $733.43 million on Wednesday. Bitcoin traded at $72,978 in

#WinGoldBarsWithGrowthPoints Gate Square Little Classroom 🧑‍🏫
The Bitcoin Rainbow Chart is a tool that displays Bitcoin's long-term price trends and market sentiment through color-coded zones. From blue to red, they correspond to the "buy zone," "hold zone," and "bubble zone." The current price is near the "gradual buy-in" and "still cheap" areas, reflecting a cooler market sentiment. The rainbow chart is not used for short-term timing but is more suitable for helping long-term investors understand the cycle position.#MoonGirl

BITCOIN DEMAND HAS FALLEN TO ITS MOST BEARISH LEVEL OF THE YEAR, ACCORDING TO CRYPTOQUANT.
#BTC

#DailyPolymarketHotspot
BTC Market Update — Bitcoin Holds the Line Near $73.7K After Heavy Volatility
Bitcoin is currently trading around $73,700 after another volatile 24-hour cycle that pushed traders into a high-risk environment across both spot and derivatives markets. During the session, BTC recorded a 24-hour low of $72,500 and a 24-hour high of $74,400, showing that the market remains trapped between aggressive sellers and strong support buyers.
After reaching highs near $77,280 earlier this week, Bitcoin entered a broader correction phase as institutional flows weakened and macroeconomic pressure intensified. Traders are now watching the $72K support area closely because the next major directional move may begin from this zone.
Technical Structure Remains Extremely Important
Bitcoin is currently moving below both the 50-day and 200-day moving averages, which keeps short-term market sentiment cautious. Momentum indicators are also signaling weakness:
• RSI is approaching oversold territory
• MACD continues to show bearish crossover pressure
• Sell-side volume remains elevated during market drops
• Price volatility has increased around key option strike zones
The most important support area remains between $72,000 and $73,000. If BTC loses this range with strong volume confirmation, the market could quickly revisit the psychological $70,000 level. Below that, analysts are monitoring the February 2026 low near $60,000 as the next major defensive zone.
On the upside, Bitcoin must reclaim the $75,000-$76,000 resistance range before bulls can attempt another move toward the critical $80,000 call-wall level. A successful breakout above $80K could reopen the path toward the $85K-$90K region later in Q3.
Massive Options Expiry Driving Market Behavior
One of the biggest catalysts behind today’s volatility is the expiration of approximately $6.25 billion worth of Bitcoin options on Deribit.
Key data traders are monitoring:
• 80,535 BTC contracts set to expire
• Max Pain level positioned at $75,000
• Put/Call Ratio currently near 0.86
• Heavy concentration of $80K call options
• Defensive positioning around $75K put levels
Because of this setup, many traders believe Bitcoin may continue gravitating toward the $75K zone before a larger directional breakout occurs.
Institutional Demand Shows Mixed Signals
Spot Bitcoin ETF activity has slowed compared to previous weeks. While long-term institutional adoption remains strong, recent data suggests weaker short-term buying pressure from U.S. investors.
Important developments include:
• Mixed ETF inflows during late May
• BlackRock’s IBIT maintaining market dominance
• Coinbase Bitcoin Premium Index falling to deeply negative levels
• Reduced aggressive spot buying from institutions
Despite current weakness, many long-term investors still view the present correction as part of a broader consolidation structure rather than the start of a full bearish cycle.
Macro Pressure Still Controlling Risk Assets
Global macroeconomic uncertainty continues to weigh on crypto markets. Rising geopolitical tension involving Iran and the Strait of Hormuz has increased risk-off sentiment across financial markets. At the same time, Federal Reserve officials continue emphasizing inflation control and tighter monetary conditions.
This combination has strengthened the U.S. dollar while putting pressure on speculative assets like Bitcoin and technology stocks.
Market Outlook
Bullish Scenario:
If BTC successfully holds above $72K and ETF inflows recover, Bitcoin could reclaim $80K and potentially target the $85K-$90K range in the coming months.
Neutral Scenario:
BTC may continue consolidating between $72K and $80K while traders wait for clearer macro and institutional signals.
Bearish Scenario:
A confirmed breakdown below $72K could accelerate downside momentum toward $70K and potentially even $60K support levels.
For now, Bitcoin remains at a critical decision zone. Traders are closely watching derivatives positioning, ETF flows, Federal Reserve policy signals, and geopolitical developments as the market prepares for its next major move.
#TradeCFDWinGold

BitMine acquired 111,942 $ETH last week
Total holdings now: 5,390,000 $ETH
That is 4.47% of the entire Ethereum supply
One company owns nearly 1 in every 22 $ETH in existence
The accumulation does not stop 👀
#Bitmine #Tomelee #Ethereum

once $Pi by #PiNetwork hits $5 in the coming months call my name with respect 😭

Crypto news, Maji Huang Licheng reduced his long ETH position by 880 coins on the HyperLiquid platform, approximately $1,845,712.
The current holdings amount to $7,122,368, with an average price of $2,094.83, and a current profit and loss of -$251,458.80, with a loss ratio of -88.26%.
The current coin price is $2,023.39, and the liquidation price is $2,011.26.
This trader once profited from blue-chip NFTs but has experienced massive drawdowns since October, with funds shrinking from over 100 million to several hundred thousand dollars.

Abstract: On May 28, U.S. equities edged up modestly as major indices rose. Micron and TSMC led gains in chip stocks amid demand and pricing signals, while Meta advanced on plans for a paid AI chatbot subscription.
Summary: U.S. stocks edged higher as Micron and TSMC posted gains on chip demand and price hikes, while Meta rose on plans for a paid AI chatbot subscription.

GeniusFi is a pioneering PropAMM built specifically for the BNB Chain. It aims to become a liquidity hub that carries core asset flow by relying on the pre-confirmation mechanism of the BEP-668 proposal.
Drawing on Solana’s experience, a PropAMM actively operated by market makers delivers far higher capital efficiency than traditional passive pools. GeniusFi breaks with tradition—each asset has only a single pool—and it avoids capital fragmentation through a unified cross-matching engine.
Because the EVM lacks sorting optimizations, expired quotes are easily exploited by arbitrage. BEP-668 provides a hard sorting guarantee at the top of the block through “relay + sidecar,” ensuring that quote updates are prioritized over swap execution, thereby enabling extremely tight spreads.
It adopts a fault lock mechanism to prevent unprotected trades; as a clear routing destination, it fully connects with wallets and aggregators, establishing a dominant position in the ecosystem through excellent pricing and predictability. GeniusFi is a pioneering PropAMM built specifically for the BNB Chain. It aims to become a liquidity hub that carries core asset flow by relying on the pre-confirmation mechanism of the BEP-668 proposal.
Drawing on Solana’s experience, a PropAMM actively operated by market makers delivers far higher capital efficiency than traditional passive pools. GeniusFi breaks with tradition—each asset has only a single pool—and it avoids capital fragmentation through a unified cross-matching engine.
Because the EVM lacks sorting optimizations, expired quotes are easily exploited by arbitrage. BEP-668 provides a hard sorting guarantee at the top of the block through “relay + sidecar,” ensuring that quote updates are prioritized over swap execution, thereby enabling extremely tight spreads.
It adopts a fault lock mechanism to prevent unprotected trades; as a clear routing destination, it fully connects with wallets and aggregators, establishing a dominant position in the ecosystem through excellent pricing and predictability. $GENIUS ‌