😮 This is what pain looks like
Yesterday whale trader James Wynn lost all his profits and at the moment his Pnl reached -$57.2 million. Today he wrote: "Are you writing me off? You call $80 million rich? It would barely buy you a super yacht these days. It's a normal move when you are making billion dollar trades with 40x leverage. You stay in your lane, I will stay in mine. More ATH V coming soon, enjoy the show."
📈 Meanwhile, the 10-year yield instantly rises above 4.50%. Tariffs, no tariffs, trade deals, no trade deals, it doesn't matter. Yields keep rising.
🏠 The SEC announced that it will hold its latest crypto roundtable to discuss DeFi on June 9. The discussion will feature experts from Jito Labs, Coin Center, Venice AI, and more.
🔽 Market forecasts now show fewer than 2 Fed rate cuts in 2025. The median expectation now shows 1.9 cuts, down from a peak of 4 cuts in April.
#TrumpTariffs #Bitcoin2025 #TrumpMediaBitcoinTreasury #WhaleJamesWynnWatch #BinanceAlphaAlert