「Buddy」 incurred a total loss of $80 million in contract trading on Hyperliquid over the past year

June 6th — Fortune magazine cited David Trainer, CEO of research firm New Constructs, as saying that to support a roughly $1.75 trillion valuation, SpaceX will need to grow its annual revenue to around $1.1 trillion by 2035. That marks a nearly 60-fold increase from its $18.7 billion in 2025, requiring a roughly 50% annual revenue growth rate over the next decade. Per SpaceX’s prior IPO filing, the company generated $18.7 billion in revenue in 2025 while posting a net loss of $4.9 billion. Using a discounted cash flow model, Trainer calculated that hitting this growth target is necessary for investors to earn an annualized return of about 10% over the next 10 years. The analysis points out that if SpaceX hits the $1.1 trillion revenue mark, its top line will represent roughly 2.4% of U.S. GDP in 2035 — exceeding the entire U.S. utility sector in economic size and approaching three-quarters of the U.S. transportation industry. Trainer noted that while the AI market is vast, it’s crow

June 6 — EmberCN reports that a whale kept loading up on Ethereum (ETH) at 1 PM today, when ETH’s price dipped to $1,505, spending 28 million USDT to buy the digital asset. Over the past 36 hours, the wallet has borrowed a total of $128 million in USDT to acquire 78,060 ETH at an average cost of about $1,645, resulting in an overall leverage ratio of roughly 3x. Data shows the whale currently holds two outstanding lending positions, with liquidation prices of approximately $1,356 and $1,280 respectively. As its position continues to expand, its exposure to liquidation risk rises accordingly.

**June 6: Global Storage Sector Pulls Back Amid NVIDIA Memory Configuration Adjustment Report** Global storage equities posted a broad pullback on June 6, driven by a report from chip industry research firm SemiAnalysis about planned tweaks to memory setups for NVIDIA’s next-generation Vera Rubin NVL72 server platform. On June 5, SK Hynix plummeted 9.92%, while the Chinese A-share memory index fell roughly 4%. Leading decliners included Biwin Storage, Jiahe Long, Netac Technology, and Zhaoxin Innovation. The prior trading day, Micron Technology closed down 7.74%. The SemiAnalysis report noted NVIDIA plans to cut the system memory capacity of SOCAMM modules paired with its Vera CPU from 192GB to 96GB, reducing expected per-rack costs from $7.6 million to $6.8 million—a roughly 10% savings. The market initially read this as a signal of weakening AI server storage demand, sparking the sector’s sell-off. However, multiple institutions later clarified this adjustment only affects

On June 6, HTX market data shows Worldcoin (WLD) tumbled more than 20%, trading at $0.4319 at press time with a market capitalization of $2.247 billion. Arthur Hayes announced today he has liquidated all his WLD holdings — a dramatic about-face from his public commitment to holding the token less than 24 hours prior. Hayes had framed WLD as a liquidity proxy for AI-themed trading, arguing that as SpaceX ramps up focus on its AI and connectivity businesses, a strong pre-IPO performance would lift the broader AI and tech sector. For retail investors unable to access SpaceX equity directly, Hayes positioned WLD as a convenient alternative. However, SpaceX’s private pre-IPO price has plummeted sharply in recent days: data from Hyperliquid shows it’s fallen over 50% in just that period, eroding the appeal of AI-themed trading and prompting Hayes to exit his WLD position. WLD had defied market trends with a roughly 70% gain over the past month, but that advance has narrowed to around 4

June 6, per Coinglass data, if Bitcoin breaks through the $63,000 threshold, the cumulative short liquidation intensity across major centralized exchanges (CEXs) will hit $1.513 billion. Conversely, if Bitcoin drops below $59,000, the cumulative long liquidation intensity for leading CEXs will reach $989 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts set to be liquidated or the precise value of liquidated contracts. The bars on the chart instead represent the relative importance of individual liquidation clusters compared to adjacent clusters—this is what is referred to as "intensity". As such, the chart shows the extent to which an underlying asset’s price will be impacted once it reaches a specific level. A higher "liquidation bar" indicates a more intense price reaction due to a liquidity cascade event.

June 6: Data from Farside Investors shows U.S. spot Bitcoin ETFs recorded a total net outflow of $1.722 billion this week. IBIT was the main source of outflows, posting a net withdrawal of $1.3372 billion. Other outflows came from FBTC ($201.9 million), GBTC ($144.3 million), and ARKB ($49.7 million). Only two products saw net inflows this week: MSBT attracted a net $35.1 million, while HODL brought in $4.2 million. EZBC, BRRR, BTCW, and BTC had no net inflows or outflows for the week.