Bitcoin (BTC) — Onchain News & Whale Tracking

Whale James Wynn's Bitcoin Long Position Faces Unrealized Loss of Over $5.8 Million

Update on May 27: With Bitcoin's decline, whale James Wynn's long position in Bitcoin is now facing a loss of more than $5.8 million. The current position details are as follows: Position Value: $729,979,245 Entry Price: $110,112.9 Liquidation Price: $107,520

Bitcoin has experienced a sudden 1% drop in the last 15 minutes, currently trading at $109,370.

On May 27th, according to HTX market data, Bitcoin saw a 1% drop in the past 15 minutes and is currently trading at $109,370.

Whale James Wynn continues to increase his Bitcoin long position, with a liquidation price of $108,060

On May 27th, based on on-chain data, whale James Wynn has been continuously increasing his Bitcoin long position in the past half hour. Currently, the total position value has reached $736 million: · Opening Price: $110,112.9 · Liquidation Price: $108,060 · Unrealized P&L: $254,129.65

If Bitcoin breaks through $111,000, the mainstream CEX cumulative short liquidation intensity will reach $1.135 billion

On May 27th, based on Coinglass data, if Bitcoin manages to break through $111,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.135 billion. Conversely, if Bitcoin drops below $109,000, the cumulative long liquidation intensity on mainstream CEXs will reach $243 million. BlockBeats Notes: The liquidation chart does not display the precise number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, which is referred to as intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be impacted when it reaches a specific level. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.

Bitcoin Surges Above $110,000

On May 26th, based on HTX market data, Bitcoin rebounded and surpassed $110,000, seeing a 24-hour increase of 2.88%.

Whale James Wynn's Bitcoin Long Position Increased to $175 Million, Liquidation Price $105,734

On May 26th, as monitored by EmberCN, whale James Wynn has currently opened a long position of $175 million in BTC and a long position of $19.71 million in PEPE on Hyperliquid. · With a leverage of 40x, a long position of 1,594 BTC worth $175 million. The entry price is $109,813 and the liquidation price is $105,734. · With a leverage of 10x, a long position of 1.42 trillion PEPE worth $19.71 million. The entry price is $0.0000141 and the liquidation price is $0.0000093.

YZi Labs Announces Investment in Avalon Labs, Paving the Way for the Next Phase of Bitcoin Finance

On May 26th, YZi Labs made an investment in Avalon Labs. Avalon Labs is a Bitcoin-native capital market that aims to build a scalable, transparent, and accessible financial network to unlock the full economic potential of Bitcoin. As the world's largest issuer of Bitcoin stablecoins, Avalon Labs is transforming Bitcoin from a passive store of value into a dynamic financial asset, driving the global market's adoption and utility in the real world.

Bitcoin Experiences Short-Term Recovery, Surpasses $110,000

On May 26th, according to HTX market data, Bitcoin witnessed a short-term upward rebound and exceeded $110,000, showing a 24-hour increase of 2.18%.

A certain HYPE whale went long on Bitcoin with 10x leverage on HyperLiquid, achieving a HYPE unrealized gain of over $11 million.

On May 26th, as per the monitoring of OnchainLens, a HYPE whale deposited 3.46 million USDC into HyperLiquid and initiated a 10x leveraged long position in BTC. The whale also staked 591,864 HYPE tokens, with a floating profit of 11.2 million.

Bitcoin Rainbow Chart, RSI, and other indicators all show that the price has not yet peaked, making it suitable to continue holding or buying

On May 26th, lookonchain released an analysis stating that Bitcoin's price hit an all-time high last week. The following four indicators were used to analyze whether Bitcoin is currently at its peak: · Rainbow Chart: The latest 2023 Bitcoin Rainbow Chart shows that BTC is still a hodl, and the top of this cycle is expected to exceed $200,000. · Relative Strength Index (RSI) Chart: RSI ≥ 70 indicates that Bitcoin is in overbought territory and is likely to drop soon; RSI ≤ 30 indicates that Bitcoin is in oversold territory and is likely to rise soon. The current RSI is 71.35, and compared with historical data, $BTC does not seem to have peaked yet. · 200-Week Moving Average Heatmap: The 200-week moving average heatmap shows the current price point in blue, indicating that the price has not reached the top yet, making it a good time to hodl or buy. · 2-Year MA Multiplier: The 2-Year Moving Average Multiplier shows that the BTC price is between the red and green lines and has not yet touc

Total Bitcoin Open Interest Across All Exchanges Drops to $78 Billion

On May 26th, according to Coinglass data, the total open interest of Bitcoin futures contracts on the network amounts to 710,010 BTC (approximately $78 billion). Among them, the open interest of CME Bitcoin futures contracts is 160,430 BTC (approximately $17.61 billion), ranking first. The open interest of Binance Bitcoin futures contracts is 123,440 BTC (approximately $13.56 billion), ranking second.

CryptoQuant: Retail Investors Still on the Sidelines, Bitcoin Exchange Inflow Continues Below the One-Year Average

On May 26th, CryptoQuant stated in a post that "Retail investors are still on the sidelines. In contrast to previous market peaks, the Bitcoin transaction volume of active (retail) participants remains below the average level of the past year." Note: "Trading activity" is a term in the financial field that refers to the "activity of trading and buying/selling," frequently used to describe the level of trading activity in the market or the buying/selling sentiment.

Market News: Florida Pushes to Eliminate Bitcoin Capital Gains Tax

On May 26th, according to market reports, Florida has taken the lead in proposing the elimination of the capital gains tax on Bitcoin.

Trader Eugene: If Bitcoin can sustain its upward trend, there may be a short-term altcoin trading opportunity

On May 26th, the top trader Eugene Ng Ah Sio posted on his personal channel and said, "Although there has been continuous volatility along the way (especially in the altcoin market), Bitcoin still maintains a distinct upward trend up to now and is currently trying to regain $110,000." As long as this trend can be sustained, there is still an opportunity to engage in short-term or swing trading in the altcoin market, and the upside potential of various tokens is expected to be adjusted upward. This is the manifestation of the "wall of worry": early long positions start to take profits, and then gradually the trend is recognized by marginal buyers who replace them.

Bitcoin Surges Past $110,000

On May 26th, based on HTX market data, Bitcoin has rebounded and is now above $110,000, currently trading at $110,003, with a 24-hour increase of 1.87%.

If Bitcoin breaks its all-time high, the mainstream CEX's total short liquidation volume will reach 519 million.

On May 26th, according to Coinglass data, in the event that Bitcoin breaks through $112,000 and reaches a new all-time high, the cumulative short liquidation intensity of mainstream CEXs will amount to $519 million. Conversely, if Bitcoin drops below $108,000, the cumulative long liquidation intensity of mainstream CEXs will reach $284 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when reaching a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity cascade.

Trump Flip-Flops Again, Restores 90-Day Negotiation Window with EU, Bitcoin Rebounds, Briefly Breaks $109,000

On May 26th, U.S. President Trump declared that the European Union had requested an extension of the trade negotiation period and had reached an agreement to push the deadline forward until July 9th. In the previous week, Trump announced that starting from June 1st, a 50% tariff would be imposed on imports from the European Union. Earlier, European Commission President von der Leyen expressed her willingness to "swiftly and resolutely" promote trade negotiations with the U.S. after a conversation with Trump, but she insisted that Trump return to the originally agreed 90-day negotiation period. After Trump's change of stance, Bitcoin briefly rose above $109,000 and is currently trading at $108,840. Prior to this, on May 23rd, Trump stated, "The main purpose of the establishment of the European Union is to take advantage of the U.S. in trade. The U.S. has made no progress in negotiations with them, and I suggest imposing a direct 50% tariff on EU products starting from June 1, 2025." T

Whale James Wynn's Bitcoin Short Position Reaches Over $1 Billion with 40x Leverage

On May 26th, according to HypurrScan data, whale James Wynn has raised his Bitcoin short position to $1.003 billion (9,402.73 BTC). The opening price is $107,077.2, the liquidation price is $110,450, and currently, there is an unrealized profit of $3.11 million.

Analyst: Bitcoin's current bull run is led by institutions, while retail investors remain cautious

On May 25th, Coindesk analyst Aoyon Ashraf stated that Bitcoin reached a new all-time high this week. This was mainly driven by institutions, with retail investors seemingly "absent" from this rally. A quick search on Google Trends with "Bitcoin" as the keyword will reveal that the search frenzy witnessed during the 2021 bull market is now completely absent. Although there was a brief wave of retail enthusiasm during the U.S. presidential election, a rapid meme coin frenzy briefly ignited market sentiment at that time. However, that wave of excitement has long since dissipated. Despite Bitcoin breaking through $111,000 this week and hitting a new all-time high, meme coin prices quickly declined, and retail enthusiasm also cooled off. Despite Bitcoin reaching a new all-time high, traders remain cautious, as evidenced by the lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which may lay the foundati

Whale James Wynn's 40x Short Bitcoin Position has Been Increased to $937M

On May 25th, according to HypurrScan data, whale James Wynn has expanded his Bitcoin short position to $937 million (8,750.5 BTC). The opening price is $107,069.1, the liquidation price is $110,790, and currently, he is facing an unrealized loss of $230,000.

Bitcoin 2025 Conference Announces Speaker Lineup: U.S. Vice President Vance, Silk Road Founder Ross Ulbricht, and more to speak

On May 25th, the Bitcoin 2025 Conference disclosed the lineup of keynote speakers. They consist of: · U.S. Vice President JD Vance. · The founder of Silk Road, Ross Ulbricht. · Eric Trump, the son of Donald Trump. · Donald Trump Jr., the son of Donald Trump. · The founder of Strategy, Michael Saylor. · U.S. Senator Cynthia Lummis. The Bitcoin 2025 Conference is scheduled to take place in Las Vegas from May 27th to 29th, 2025.

Michael Saylor has once again shared Bitcoin Tracker information, hinting at a potential additional BTC purchase.

On May 25th, the founder of Strategy, Michael Saylor, once again released information related to the Bitcoin Tracker. And he stated, "I only use money that I am willing to lose to purchase Bitcoin." According to the previous pattern, Strategy always discloses information about increasing Bitcoin holdings on the second day following the release of relevant news.

Whale James Wynn's Bitcoin 40x short position has been increased to $825 million

On May 25th, based on HypurrScan data, whale James Wynn has boosted his Bitcoin short position to $825 million (7706.95 BTC). The opening price was $107,052.2, the liquidation price was $111,470, and currently, he is facing an unrealized loss of $920,000.

Metaplanet CEO: Japanese Investors are Indirectly Investing in Bitcoin Through a Tax-Exempt Investment Mechanism

May 25th: Simon Gerovich, who is the CEO of the publicly traded Japanese company Metaplanet, announced in a Medium post that Metaplanet attained the status of the most-purchased stock within the NISA accounts of Japan's largest online broker SBI Securities during the previous week. In Japan, investors are leveraging the NISA, a tax-exempt investment mechanism, to make indirect investments in Bitcoin while evading capital gains tax. Bitcoin, with zero tax liability and the use of leverage, has become the ultimate choice for Japanese investors as a proxy for Bitcoin.

Whale James Wynn's Bitcoin Short Position Leveraged 40x Now Holds $629M

On May 25th, based on HypurrScan data, the whale trader James Wynn has augmented his Bitcoin short position to $629 million (5877 BTC). The opening price is $107,061.6, the liquidation price is $113,270, and the current unrealized profit is $150,000.

Whale James Wynn's Bitcoin Short Position Leveraged 40x Increased to $488 Million, Currently Profiting $1.26 Million

On May 25th, based on HypurrScan data, the whale trader James Wynn has augmented his Bitcoin short position to $488 million (4568.72 BTC). The opening price was $107,103.4, the liquidation price was $115,480, and currently, there is a floating profit of $1.26 million.

The US Bitcoin Spot ETF Sees Record High Net Inflows, Surpassing $44.4 Billion

On May 25th, based on the data from Farside Investors, the cumulative net inflow of the US Bitcoin spot ETF reached $44.99 billion, reaching a new record high.

Pakistan Allocates 2000 Megawatts of Power Capacity for Bitcoin Mining

May 25th - In the initial phase of Pakistan's national-wide plan to provide support for Bitcoin mining and AI data centers, 2000 megawatts of power capacity has been set aside. The country is currently progressing towards the legalization of cryptocurrencies and attracting foreign investment. The Ministry of Finance of Pakistan stated in a press release that this plan, led by the Pakistan Cryptocurrency Council, will also assist in monetizing excessive energy resources and generating high-tech job opportunities.

Whale James Wynn's Bitcoin Short Position, Leveraged 40x, Has Been Increased to $320 Million, Currently Profiting $1.27 Million

On May 25th, according to HypurrScan data, the whale trader James Wynn has raised his short position in Bitcoin to $320 million (2999.27 BTC). The opening price is $107,214.9, the liquidation price is $120,670, and currently there is a floating profit of $1.27 million.

Analyst: Bitcoin's current pullback is considered a healthy correction, and the bullish market structure remains intact

On May 25th, as reported by Cointelegraph, Keith Alan, the co-founder of the trading resource platform Material Indicators, stated that there remains room for the Bitcoin price to test support on the downside without breaking the overall uptrend. The macro trendline and two key moving averages on the Bitcoin daily chart are currently in alignment with the year-to-date opening at $93,500. As long as Bitcoin continues to trade above this range, the bullish trend remains intact. Well-known trader Crypto Tony holds a similar view, believing that even if Bitcoin were to decline by another $4,000 from the current level before the end of the week, it would still be acceptable.

If Bitcoin falls below $106,000, the mainstream CEX long liquidation pressure will reach $1.122 billion

On May 25th, according to Coinglass data, if Bitcoin drops below $106,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.122 billion. Conversely, if Bitcoin surges above $108,000, the cumulative short liquidation intensity on mainstream CEXs will reach $664 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that a price level will trigger a more substantial reaction due to a liquidity avalanche.

Bitcoin Drops Below $107,000

On May 25th, according to HTX market data, Bitcoin dropped below $107,000, experiencing a 24-hour decline of 1.03%.

Whale James Wynn's Bitcoin Short Position Leveraged 40x Increased to $195 Million, Liquidation Price $130,540

On May 25th, according to HypurrScan data, the whale trader James Wynn has raised his Bitcoin short position to $195 million (1820.91 BTC). The entry price is $107,507.8 and the liquidation price is $130,540. This morning, James Wynn closed a $1.2 billion long position in BTC, resulting in a single loss of approximately $13.39 million.

Or affected by James Wynn's closing of a massive long position, Bitcoin briefly dropped below $108,000 this morning.

On May 25th, based on HTX market data, Bitcoin briefly fell below $108,000 this morning, reaching a low of $107,500. It then rebounded and is currently trading at $108,053. During the period from 06:40 to 07:27 this morning, whale James Wynn closed his long position of 11,407.1 BTC. The closing time coincided precisely with the drop in the Bitcoin price.

This week, the trading volume of the US Spot Bitcoin ETF reached $25 billion, hitting a new high for the year.

May 25th. According to The Block's data, this week, the US Bitcoin spot ETF witnessed the highest weekly trading volume since 2025. The total trading volume reached 25 billion US dollars, with a net inflow of 2.75 billion US dollars, marking the second-highest single-week net inflow since the product was listed in early 2024. BlackRock's IBIT has seen no net outflows for 30 consecutive days (with one day of net inflow being 0); it currently holds 3.3% of the global Bitcoin supply. The fund's net assets exceed 71 billion US dollars, which is roughly three times that of the second-ranked FidelityFBTC. During the same period, the Ethereum spot ETF saw a net inflow of approximately 250 million US dollars, reaching the highest level since early February, although there was a slight decrease in trading volume.

Bitcoin Early Investor John Woeltz Arrested for Alleged Kidnapping and Ransom of Italian Tourist

On May 25th, the New York Police Department apprehended a 37-year-old cryptocurrency investor named John Woeltz and a 24-year-old female accomplice in Lower Manhattan, Manhattan. They were charged with kidnapping and torturing an Italian tourist. According to The New York Post, which cited sources, Woeltz detained the victim in a luxury SoHo apartment for more than two weeks and tried to forcibly obtain access to his financial accounts, which involved several million US dollars. The police found Polaroid photos at the scene documenting the abuse, including a photo of the victim being threatened with a gun. The victim was lured to the apartment on May 6th due to an alleged business transaction and was then kidnapped and tortured. It was claimed that Woeltz planned to kill him when he escaped. Woeltz was involved in early Bitcoin investments, and his GitHub account has been inactive since 2020. He is charged with second-degree assault, kidnapping, unlawful imprisonment, and illeg

Bitcoin Falls Below $109,000

On May 24th, based on HTX market data, Bitcoin dropped below $109,000, and the 24-hour percentage change narrowed to 0.90%.

Bitcoin Volatility Slightly Rises to 1.79%

May 24th: Following reaching a recent low on May 22nd (1.58%), the Bitcoin volatility has witnessed a slight rise for two consecutive days and now stands at 1.79%.
BlockBeats Note: Generally, high Bitcoin volatility is frequently connected with speculative trading and the FOMO sentiment among retail investors. When the volatility declines, it may suggest a reduction in short-term speculators, and the market may enter a consolidation phase or a "cooling-off" period. Additionally, Bitcoin price volatility is often associated with macroeconomic events like inflation expectations, interest rate fluctuations, or geopolitical risks. When these external factors become stable, the Bitcoin volatility is likely to decrease accordingly.

Bitcoin Surges Above $109,000

On May 24th, based on HTX market data, Bitcoin experienced a rebound and crossed $109,000. The 24-hour decline was narrowed to 1.71%.

James Wynn's Bitcoin long position has increased to $1.2167 billion, with a liquidation price of $105,100.20.

On May 24th, based on on-chain data, the whale trader James Wynn has raised his Bitcoin long position to $1.2167 billion (11,219.57 BTC). The entry price is $108,928.80 and the liquidation price is $105,100.20.

Whale James Wynn predicts that Bitcoin will reach $118,000-$121,000 next week

On May 24th, Whale James Wynn made a prediction on a social media platform, stating that the price of Bitcoin is expected to reach $118,000 - $121,000 in the coming week.

This week, the US Bitcoin Spot ETF saw a net inflow of $2.75 billion.

On May 24th, as monitored by Farside Investors, the net inflow of the U.S. Bitcoin spot ETF this week is $2.75 billion. This includes: BlackRock IBIT: +$2.432 billion Fidelity FBTC: +$0.209 billion Bitwise BITB: +$42.30 million ARK ARKB: +$1.01 billion PIMCO BTCO: -$5.30 million VanEck HODL: +$31.20 million Grayscale GBTC: -$89.20 million Grayscale Bitcoin Mini BTC: +$28.30 million

Yesterday's US Bitcoin Spot ETF saw a net inflow of $211.7 million

On May 24th, as monitored by Farside Investor, the net inflow into the U.S. Bitcoin spot ETF yesterday was $211.7 million. This includes: - BlackRock IBIT: +$430.8 million - Fidelity FBTC: -$73.7 million - ARK ARKB: -$73.9 million - VanEck HODL: +$17.7 million - Grayscale GBTC: -$89.2 million

If Bitcoin falls below $106,000, the mainstream CEX long liquidation volume will reach 874 million.

On May 24th, based on Coinglass data, if Bitcoin drops below $106,000, the cumulative long liquidation intensity of mainstream CEXs will amount to $874 million. Conversely, if Bitcoin exceeds $110,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.183 billion. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually signify the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Consequently, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade once it reaches that specific point.

Bitcoin briefly dropped below $107,000 this morning.

On May 24th, based on HTX market data, Bitcoin briefly fell below $107,000 this morning. Currently, it is trading at $107,491, with a 24-hour decrease of 3.55%.

Within 2025, Corporate Bitcoin Purchases 205,507 Coins, Exceeding New Supply by 3x

On May 24th, according to the data of asset management firm Bitwise, by 2025, the total amount of Bitcoin purchased by enterprises has surpassed three times the new supply amount of Bitcoin. During the year, enterprises have held a total of 205,507 BTC collectively, while the new supply of Bitcoin is 64,556 BTC. This only includes the purchases disclosed by publicly traded companies and does not cover private companies.

David Sacks will attend the Bitcoin 2025 conference, sharing the stage with the Winklevoss brothers

On May 24th, as per the official announcement of the Bitcoin Conference, David Sacks, the White House cryptocurrency and artificial intelligence czar, is scheduled to attend the Bitcoin 2025 conference on May 27th. He will share his insights on Bitcoin and the crypto industry along with Tyler and Cameron Winklevoss, the President and CEO of Gemini. The Bitcoin 2025 conference will take place from May 27th to 29th at the Venetian Conference Center in Las Vegas, USA.

Russia's Bitcoin Mining Industry Growth Rate Ranks First Globally

On May 23rd, as reported by Bitcoin News, the Russian Bitcoin mining industry currently exhibits the highest growth rate worldwide and secures the second position globally in terms of mining capacity. Russia's leading Bitcoin mining companies, BitRiver and Intelion, command over 50% of the market share within the country. It is anticipated that these two companies will generate $200 million in revenue during the 2024 fiscal year.

James Wynn Turns 40x Bitcoin Long Position from Loss to Profit, ETH and SUSHI Longs Still in the Red

Bitwise predicts that by the end of 2026, countries and institutions will hold 4.269 million Bitcoins

On May 23rd, as per BitcoinMagazine, Bitwise, which manages $12 billion in assets, forecasts that by the conclusion of 2026, countries and institutions will possess 4.269 million bitcoins, and the total value will reach $426.9 billion.