Whale "Sets 10 Big Goals First" and Confirms Bitcoin Long Position Stop-Loss Triggered at $66,000
June 3rd. Earlier today, the crypto derivatives whale "Ten Big Goals First" shared a social media post featuring an image signaling that it was restarting its Bitcoin long position. The image shows the whale opened a long position of 281.789 BTC with 4x leverage at $67,777. Earlier, market observers pegged its total position size at 3,076.88 BTC, based on a matching large transaction on Binance executed at the exact same time and price level. Later in the day, "Ten Big Goals First" confirmed in a subsequent post that Bitcoin triggered the stop-loss for this long position at $66,000 during intraday trading, leading to the full liquidation of the trade.
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The Zcash Network has Experienced Over 4 Hours of Downtime
June 3 — According to the Zcash blockchain explorer, the Zcash network is currently in a complete standstill, with no new blocks mined over the past four hours.
Some analysts suggest this network outage may be linked to the emergency patch upgrade rolled out on June 2, which was deployed to fix a vulnerability in the Orchard shielded pool.
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Iranian Official: Iran Will Negotiate with the US If Necessary
June 3 — According to Iranian media reports on the same day, Ali Nikzad, vice speaker of Iran’s Islamic Consultative Assembly, stated that the claim that Iran “only fights and does not negotiate” is inaccurate. Nikzad noted that the red lines defined by Iran’s Supreme Leader Ayatollah Ali Khamenei remain in place, and while Iran is willing to engage in negotiations if necessary, it does not trust any promises made by the United States. He also emphasized that U.S. crimes against Iran must be exposed and continuously pursued. (Xinhua News Agency)
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Bank of Japan Governor Kikuo Iwata: Further Rate Hikes Needed to Curb Inflation
June 3 — Bank of Japan Governor Haruhiko Kuroda said in his final regular policy speech ahead of a highly anticipated upcoming policy meeting that the BOJ must keep raising interest rates in line with Japan’s economic conditions and inflation.
“In other words, if the BOJ determines the likelihood of hitting its baseline scenario is higher — which would mean the tense situation in the Middle East gradually eases, and underlying inflation climbs to around 2% amid steady economic growth — then I believe the central bank will continue hiking policy rates at an appropriate pace,” Kuroda stated.
Analysts note that Kuroda’s latest comments make a BOJ rate hike this month more likely, but his remarks are not as direct as those he offered before the central bank’s two previous rate increases. This suggests Kuroda is aiming to maintain flexibility amid growing complexity and uncertainty in the Middle East, while also taking into account the stance of Japanese Prime Minister Sanae Kanemasa
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Prominent US Stock Market Influencer: AI Investment Craze Needs to Beware of Four Major Risks, Low PE Does Not Signify Stable Structure
June 3rd: US stock market KOL Herman Jin (@ShanghaoJin) published a post yesterday breaking down four key risks tied to the ongoing AI investment frenzy, per Jin’s analysis. He outlined four critical areas of concern: At the micro-company level, seemingly flawless operating scenarios can easily foster overconfidence; ample liquidity is currently available, but central banks have limited tools to control it effectively; disruptions to the semiconductor supply chain could spiral out of control, pushing capital expenditure costs sharply higher; and slowing revenue growth for AI models from players like Anthropic and OpenAI may shake hyperscalers’ (Microsoft, Google, Amazon, Meta, etc.) expectations around capital spending.
Jin emphasized that demand risks at the AI model end—specifically for firms such as Anthropic and OpenAI—are the most worthy of attention and the most straightforward indicator to track. While today’s AI bull market appears to have low price-to-earnings (PE) ratios and
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