Bitcoin (BTC) makes a slight short-term rebound, trading around $73,590 as of June 1. A 2010 Bitcoin wallet that had been dormant for 15.8 years moved 20 BTC, realizing a $1.47 million profit for a Satoshi-era “whale” from the Nakamoto period. Strategy founder Michael Saylor posted “Working ₿etter” on X, hinting that he may buy Bitcoin again.
Macro Events & Crypto Market Hotspots
1、BeInCrypto reports: a Satoshi-era Bitcoin wallet that had not been used since August 2010 transferred 20 BTC on Sunday, ending 15.8 years of dormancy. Valued at about $1.47 million at current prices, the transaction immediately drew attention from on-chain analysts. Alex Thorn, Head of Research at Galaxy, confirmed that these coins are not related to Satoshi.
2、Strategy founder and Executive Chairman Michael Saylor posted “Working ₿etter” on X on May 31, sparking speculation among traders and market watchers about another Bitcoin (BTC) acquisition. The news echoes a pattern long familiar to market observers.
Strategy has historically disclosed new Bitcoin purchase information within days after releasing similar messages, so every update on Saylor’s account becomes a closely watched signal, suggesting the company may file an 8-K.
News Updates
1、ECB official: the ECB’s best option for stablecoins is to launch a digital euro
2、Analysis: last week’s $1.26 billion block trade for IBIT was likely a fast exit by a large investor
3、Sui attributes three mainnet interruptions to an upgrade vulnerability, followed by a known risk of interruption before the one-time fix was implemented
4、White House economic adviser Hassett urges the public to view economic data fluctuations rationally
5、Fed Governor Waller: stablecoin adoption will amplify the Fed’s policy influence
6、Michael Saylor posts Bitcoin Tracker message again; this week may disclose accumulation data
7、Data: tokens including SUI, EIGEN, OPN, etc. will see large unlocks this week, with SUI unlocking value of about $13.1 million
8、JPMorgan: the “devaluing trade” involving Bitcoin and gold cools off, investors exit safe-haven assets
Market Trends
1、Bitcoin latest news: <a data-currency='BTC' href='/futures/USDT/BTC_USDT'>$BTC slight short-term rebound, currently around $73,590; in the past 24 hours, $18.74 million was liquidated, with the main liquidations on long positions;
2、AI-related stocks surged, and sentiment was boosted by hopes of an agreement between the US and Iran, pushing the US stock market to set fresh highs again on May 29. This week, investors are focused not only on the latest employment data, but also expect Broadcom’s earnings to bring more good news for AI themes. The Dow Jones Industrial Index first broke above 51,000 for the first time, reaching a new all-time high; both the S&P 500 Index and the Nasdaq Composite Index also closed at new highs, rising 0.2% each. The Philadelphia Semiconductor Index finished flat; TSMC ADR fell 1.5%.
(Source: Gate)
3、In the Gate BTC/USDT liquidation map, using the current 73,908.60 USDT as the reference point: if it drops to around $73,149, the cumulative amount of long-position liquidation will exceed $157 million; if it rises to around $74,606, the cumulative amount of short-position liquidation will exceed $249 million. The liquidation amount for shorts is significantly higher than for longs. It is recommended to reasonably control leverage ratios and avoid triggering large-scale liquidations amid market fluctuations.
(Source: Coinglass)
4、In the past 24 hours, BTC spot inflows were $1.09 billion, outflows were $1.05 billion, resulting in net inflows of $0.4 billion.
(Source: Coinglass)
5、In the past 24 hours, contracts such as $HYPE, $LAB, $H, $ZEC, $PORTAL led net outflows, presenting trading opportunities.
X KOL Selected Views
Phyrex Ni (@Phyrex_Ni)：「May ended amid the US-Iran entanglement, and although $BTC didn’t break below $70,000 the way many friends expected, it’s still impossible to see complete reconciliation between geopolitical conflicts even now. That leaves cryptocurrencies without independent narratives still having a tough time, while over there, US stocks can keep rallying for a bit thanks to AI. And just as bad for Bitcoin is oil prices.」
「Even though oil prices have already fallen from above $100 to below $90, it’s still relatively high for the world—especially for US inflation. Cutting $10 is still not enough; what’s needed is for WTI to return to below $70 so that the rise in inflation is suppressed. But even to this day, the Strait of Hormuz still hasn’t given a clear answer.」
「I’m not worried about oil prices falling. But I’m still worried that if June still can’t lead to a big drop in oil prices, the first appearance by Voss could be rather awkward. On one hand, he needs to follow Trump’s rate-cut strategy. On the other, facing high inflation, he can’t choose to cut rates. Especially in June, there’ll also be a mosaic chart, which may make the market even more tangled.」
「I hope the US-Iran issue can be resolved before the World Cup, which would help ease inflation. If it can’t be resolved by the World Cup, things will just take longer.」
「Coming back to the Bitcoin data, there hasn’t been too much volatility over the weekend, and turnover isn’t high either. Most investors are still living pretty leisurely lives. After all, $BTC ’s price is still tied to US macro, politics, and the economy. As long as the US hasn’t encountered real problems, Bitcoin’s downside impact won’t be very big.」
Today’s Outlook
1、Switzerland Q1 GDP (quarter-on-quarter), previous value 0.1%
2、Switzerland Q1 GDP (year-on-year), previous value 0.7%
3、France May Manufacturing PMI final, previous value 48.9
4、Germany May Manufacturing PMI final, previous value 49.9
5、Eurozone May Manufacturing PMI final, previous value 51.4
6、UK May Manufacturing PMI (final), previous value 53.7
7、Eurozone April unemployment rate, previous value 6.2%
8、US May ISM Manufacturing PMI, previous value 52.7
9、US April construction spending (m/m), previous value 0.6%
