#NasdaqETFUpdate Bitcoin News Today: Bitcoin Whale Opens $54.5M 20x Long as BTC Rebounds to $108K


Binance News
Jun 9・Verified Binance official account
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Key Takeaways:
Bitcoin jumps to $108,000 amid rising risk-on sentiment and US-China trade optimism.
A whale wallet opens a $54.5 million BTC long at 20x leverage, likely linked to Hyperliquid trader James Wynn.
Analysts expect BTC to break all-time highs within 1–2 weeks, mirroring recent S&P 500 and gold breakouts.
Bitcoin Nears All-Time High as Whale Opens $54.5M Long Amid Market Momentum
Bitcoin surged to $108,000 on June 9, lifted by bullish macro signals and a bold $54.5 million leveraged position by a newly funded whale wallet. Analysts now predict BTC could break its all-time high within 1–2 weeks, driven by parallels to recent breakouts in gold and the S&P 500.

Whale Trader Goes 20x Long on Bitcoin
A new wallet, identified as “0x1f25,” executed one of 2025’s most aggressive trades: a 511.5 BTC position on decentralized exchange Hyperliquid using 20x leverage and $10M USDC in margin. The entry price was $106,538 with a liquidation level of $88,141.