A certain whale opened a $20.8 million long position in BTC, but shortly after entering the trade, they were liquidated with just a 0.7% adverse price movement.

On June 4, Bernstein announced it had raised its price target for Broadcom (AVGO.O) from $525 to $550. In pre-market trading, Broadcom’s stock fell more than 14% to $410. For additional analysis, check out BlockBeats’ latest article: “Earnings Doubled But Stock Price Plummeted, What Signal Is Broadcom Sending?” (https://www.theblockbeats.info/news/62621)

BEIRUT, June 4 (Xinhua) — Lebanese security officials and local witnesses confirmed on Tuesday that the Israeli military has begun a phased withdrawal from the town of Deir al-Zahrani in southern Lebanon’s Marjayoun region, per Xinhua News Agency. Israeli Defense Minister Benny Gantz stated the same day that the shifting situation in Lebanon could create conditions for Israel to strike a peace agreement with the neighboring country. An Israeli military spokesperson added that fighting in southern Lebanon remains "still ongoing." Gantz noted that a recent U.S.-mediated principled declaration between Israel and Lebanon’s government, negotiated in Washington, reflects current on-the-ground realities in Lebanon. The declaration includes efforts to disarm Hezbollah, move the group’s forces north of the Litani River, and set up a non-military zone in the targeted area. Gantz emphasized that Israel "will not entrust its security to any other party." He added that the emerging conditions co

June 4 — According to official sources, OKX’s “Flash Earn” product will launch PROS (Pharos) for its subscription event running from 15:00 UTC+8 on June 5, 2026, through 15:00 UTC+8 on June 11, 2026. During the event, users can subscribe by staking OKB, BTC, OKSOL, ETH, or PROS, and will split 1.8 million PROS in airdrop rewards. The event supports participation with multiple cryptocurrencies, and users can access the event page via the Earn & Rewards section in the top-left corner of the OKX app. Additionally, OKX will upgrade its Flash Earn user level system starting in July 2026. The new system will base user levels on either 30-day average net asset value or 30-day trading volume, to set subscription quotas that better align with how actively users engage with the platform.

June 4 – Amid a sharp downturn in the crypto market, Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered Bank, noted that Bitcoin’s bottom is “almost in place” and its current price zone could present a long-awaited buying opportunity for investors. Kendrick highlighted that even with Bitcoin’s more than 22% slide over the last month, holdings in physical Bitcoin ETFs haven’t seen the massive, worrying outflows many feared. These holdings have stayed relatively stable since February, signaling that ETF investors’ holding base is far more resilient than anticipated. He attributes much of this recent dip to Strategy selling 32 Bitcoin (BTC). But drawing on historical patterns from late 2022, Strategy is poised to replenish its holdings on a far larger scale shortly – with repurchases expected to hit 10 to 100 times the amount it sold. Should this buying pressure hold, it would act as a major signal that the market has reached a bottom. Kendrick is sticking to his

June 4, Futu Holdings announced that it will adjust its services for existing investors in mainland China to comply with industry regulatory mandates requiring a two-year rectification period, which aims to promote the standardized development of cross-border securities operations. Effective June 12, 2026 (Beijing time), the firm’s investment accounts will undergo the following adjustments: 1. Mainland China Trading Services: All types of buy (long) trades will be suspended, while sell (close) trades will remain available. 2. Mainland China Fund Transfer Services: Fund deposit services will be suspended. (Source: Jinse)

On June 4, Glassnode data showed that as Bitcoin dipped briefly to $61,300, the number of unrealized BTC holdings hit roughly 10.5 million—surpassing the 9.8 million BTC currently in a profitable state for the first time in this market cycle. Making up over half of Bitcoin’s circulating supply, this marks the first time in the current cycle that loss-making coins have outnumbered profit-making ones. Historical data indicates this metric has only emerged during deep bear market phases in Bitcoin’s history, and has typically aligned with key market bottoms. Similar instances occurred during the 2015, 2019, 2020, and 2022 bear markets, with these stretches lasting between one month and a full year. Meanwhile, Bitcoin touched its 200-week moving average at around $61,300—a critical long-term support level that held firm during previous bear cycles. Analysts warn that if BTC drops below the $60,000 psychological threshold, the next major support level will be near the realized price of ro