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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
To join:
1️⃣ Follow Gate_Post
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets
James Wynn, the trader whose risky moves on Hyperliquid captivated crypto watchers this month, has been fully liquidated.
He ended a volatile month with just $23 left in his account, according to HyperDash data.
Wynn built his reputation and following by placing massive, leveraged on-chain trades across bitcoin BTC, PEPE PEPE, and other tokens.
His downfall began with a $1.25 billion long position on BTC that unraveled as prices dropped below $105,000 amid growing geopolitical uncertainty. That trade alone cost him more than $37 million after fees.
The trader briefly pivoted to memecoins like PEPE, where one long position initially gained over 10%, before market swings liquidated him again.
Over the course of the month, Wynn cycled through assets including ETH, SUI, TRUMP, and even FARTCOIN. His trades at one point saw him achieve an unrealized gain of $85 million.
An account associated with Wynn on X commented on the liquidation and dismissed the losses. “I’ll run it back, I always do. And I’ll enjoy doing it. I like playing the game,” the account wrote on X. “I took a large and calculated bet at making billions.”
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