PANews 6月10日消息，据链上分析师@ai_9684xtpa监测，今天凌晨5点BTC短时突破11万美元，Hyperliquid上40倍做空的“内幕交易者”空单终于全部割肉止损了，最终亏损588万美元。

<img src="https://static.fwimg.io/img/feed/a104735a013dbb53abcce4faac1947b5.jpg">PANews 6月10日消息，据链上分析师@ai_9684xtpa监测，今天凌晨5点BTC短时突破11万美元，Hyperliquid上40倍做空的“内幕交易者”空单终于全部割肉止损了，最终亏损588万美元。

“40倍做空BTC”巨鲸今日凌晨割肉止损，亏损达588万美元

PANews reported on June 10th that according to on-chain analyst @ai_9684xtpa's monitoring, BTC briefly broke through $110,000 early this morning, and the "insider trader" with a 40x short position on Hyperliquid finally closed all positions with a total loss of $5.88 million.

<img src="https://static.fwimg.io/img/feed/a104735a013dbb53abcce4faac1947b5.jpg">PANews reported on June 10th that according to on-chain analyst @ai_9684xtpa's monitoring, BTC briefly broke through $110,000 early this morning, and the "insider trader" with 40x short on Hyperliquid finally closed all positions with a stop loss, ultimately suffering a loss of $5.88 million.

The whale that " short BTC 40 times" cut its losses early this morning, with a loss of $5.88 million

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

If you persevere and find your strengths, you will be rewarded.
Article author: 0xJeff
Article source: TechFlow TechFlow
2025 was filled with unprecedented turmoil and change. We welcomed a US president who was reportedly a supporter of cryptocurrencies and artificial intelligence. However, instead of the expected bull market, 2025 became a year of "massacre" for the entire industry.
Most Altcoin experienced a crash of 80%-99% in 2025.
Bitcoin's market capitalization share has returned to 2019-2020 levels (over 6...).