Bitcoin Surges Above $67,000
June 3: According to HTX market data, Bitcoin has rebounded and risen above $67,000, currently trading at $67,014, with its price down 5.19% over the past 24 hours.
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The South Korean National Election Commission has filed a criminal complaint against the Incheon mayoral candidate, Yoo Jeong-bok, over the "underreported virtual assets" controversy.
June 3rd (Yonhap) — South Korea’s National Election Commission referred Incheon mayoral candidate Yoo Jeong-bok of the Korea National Power Party to police on June 1 over suspicion of violating the Public Official Election Act, Yonhap News Agency reported.
The candidate is accused of filing false asset declarations during his run. A recent correction notice from the election commission revealed discrepancies in his filings: his spouse’s assets were previously listed at 440 million South Korean won, but should be 519 million won total; his family’s total assets were incorrectly reported as 1.845 billion won, while the actual amount is 1.922 billion won.
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Garrett Jin or Accurately Exit Scammed ETH, Top-Selling to Binance Accumulating $1.35 Billion Worth of ETH
June 3 — Per monitoring from LookOnChain, trader Garrett Jin deposited a total of 577,717 ETH into Binance between May 6 and May 10. At an average ETH price of $2,337 during that window, the total value of the transaction landed at roughly $13.5 billion.
Shortly after this large deposit, ETH entered a steady pullback and tumbled more than 20% in value. Currently trading around $1,840 per ETH, the value of Jin’s deposited holdings has dropped by approximately $290 million since the time of the transfer.
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After YouTuber RoaringKitten's long call, MRVL surged by 56%, resulting in a certain trader realizing a long position profit of over $2 million.
June 3 update: According to Hyperinsight’s monitoring (https://t.me/HyperInsight), MRVL (Marvell Technology) has maintained a sharp upward trend ever since Jensen Huang named it the "next trillion-dollar company" yesterday. In today’s after-hours trading, the stock briefly neared $340, marking a 56% cumulative gain from the start of the rally.
The market surge has brought profits to both early-positioned and late-stage traders on Hyperliquid. One specific trader’s unrealized gains expanded from roughly $880,000 last evening to $2.06 million this morning, translating to a ~155% return rate.
This trader currently holds a 3x leveraged MRVL long position valued at $6.03 million — the largest MRVL long position on the platform. Reports indicate the address opened this long position as early as yesterday morning, when MRVL traded at $222, committing approximately $1.32 million in initial capital.
Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2
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Huang Renxun's Stock Picks Overview: NBIS (Nebius) surged by 485.7% in the past year, while INTC (Intel) rose by 253.1% in 5 months.
June 3. Per BlockBeats statistics, stocks in NVIDIA’s portfolio have posted strong gains so far this year — several of which were publicly highlighted by NVIDIA CEO Jensen Huang (Huang Renxun) earlier. They include:
- NBIS (Nebius) — Up 485.7%: An AI infrastructure and cloud service provider, formerly Yandex’s international business unit, specializing in high-performance computing, data centers, and AI training cloud platforms.
- INTC (Intel) — Up 253.1%: A leading global semiconductor company that designs, manufactures, and sells CPUs, GPUs, data center/AI chips, and related computing products.
- CRWV (CoreWeave) — Up 198.2%: An AI cloud infrastructure provider focused on high-performance GPU cloud computing platforms, offering dedicated cloud services for AI training and inference.
- NOK (Nokia) — Up 116.9%: A telecom equipment giant delivering mobile, fixed, and cloud networking infrastructure, plus related software services.
- MRVL (Marvell Technology) — Up 55.7%: A semiconductor s
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A certain whale with a 23-game winning streak has opened a $48 million BTC short position, marking today's largest BTC position.
June 3 — Per Coinbob’s Hot Address Tracker (https://t.me/Coinbob_track_CN), the largest Bitcoin (BTC) position on Hyperliquid today stems from the wallet address 0x50b. This whale placed a short position of 724.1 BTC with 20x leverage an hour ago, worth roughly $48.03 million. Its average entry price is $66,128, liquidation price stands at $71,715, and the position is currently slightly underwater.
Notably, this address has achieved 23 consecutive profitable intraday BTC scalping trades recently, with a 92% weekly win rate. Over the past seven days, it has accumulated $2.57 million in profits, more than doubling its capital.
Wallet address: 0x0df25979a16d993e55bd58d05b6197c71634ab64
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