Whale James Wynn's Bitcoin Long Position Unrealized Loss Expanded to $1.35 Million, Liquidation Price $104,150

On June 4th, Whale James Wynn made a post on social media, saying, "Once you focus on the global M2 money supply, you'll understand that everything else is merely noise." He attached an image indicating that the global M2 money supply is on an upward trajectory.

On June 4th, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, is persistently advancing his reform agenda with the aim of bringing about a "new era" to the SEC and driving a shift in the agency's policy stance regarding digital assets. Paul Atkins testified before the Subcommittee on Financial Services and General Government of the Senate Appropriations Committee on Tuesday, stating that he is dedicated to establishing a "rational regulatory framework" for crypto assets. He emphasized prioritizing rule-making and enhancing transparency instead of relying solely on enforcement actions. He said, "To safeguard investors from fraudulent activities, clear regulatory rules are of great importance as they can assist them in identifying blatantly illegal schemes. Policy-making will be carried out through a notice-and-comment rulemaking process rather than through enforcement or regulation."

On June 4th, according to Farside Investors, the net inflow into the US Bitcoin spot ETF yesterday was $3.751 billion.

On June 4th, based on the monitoring of Farside Investors, yesterday the net inflow of the US Ethereum spot ETF was $109.5 million.

On June 4th, the Ethereum Foundation Ecosystem Support Program announced on social media that the sol-dbg project has received a grant. It was developed by Dimitar Bounov. sol-dbg is a Solidity debugger developed as a TypeScript library. It adopts an experimental interpreter approach and supports optimized EVM bytecode generated from any Solidity compiler version 0.4.13 and above.

On June 4th, according to data from DefiLlama, in the past 24 hours, the protocol fee of PancakeSwap reached $6.71 million, surpassing that of Circle ($6.35 million) to rank second, only after Tether.