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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)
Giant Whale Trader James Wynn Closed His Large Long Position in the Surprise Altcoin! Here Are the Profits He Made
Trader James Wynn, known for his previous transactions and his massive long position in Bitcoin, made an interesting move today according to on-chain data.
Onchain data revealed that Wynn closed all of its PEPE memecoin positions. By closing its trades, the trader has generated a total of 25.18 million dollars from these positions.
James Wynn, according to his own statement, started with 7,000 dollars in PEPE trading transactions in 2023 and earned 25 million dollars that year. This year, he has thus earned another 25 million dollars with his PEPE long transactions. In other words, the trader made a total profit of over 50 million dollars on a single token.
However, it is important to remember that although Wynn has made a profit from these trading operations, almost all investors have lost money, especially in leveraged trades and memecoins.
Wynn has interestingly incurred a significant loss on the 40x long Bitcoin position opened at the level of 108.915 dollars. In addition to a loss of 1.7 million dollars on the still open position, a funding fee of 4.6 million dollars has also been paid. If the BTC price drops to 104.770 dollars, this position will be liquidated.