CryptoSlate, June 4: 1. Bitcoin fell below $62,000, triggering $1.5 billion in cryptocurrency liquidations; 2. Bitcoin ETFs recorded a net outflow of $39.66 million, with total outflows reaching $4.37 billion over 13 days; 3. Ki Young Ju: The Bitcoin market faces strong selling pressure; 4. BTC OG insider whale: BTC long positions have incurred unrealized losses exceeding $16.25 million; 5. Suspected HYPE listing insider: “HYPE Long Position #1” – HYPE longs have seen unrealized profits expand to approximately $47.57 million; 6. Hyperliquid’s price surpassed Solana, rising against the market trend; 7. Bitcoin miners’ total revenue for May exceeded $1 billion; 8. Tom Lee’s Bitmine (BMNR) will launch 9.5% preferred shares; 9. Tron Crypto launches its first securitized senior credit opportunity fund; 10. Israel’s cryptocurrency tax plan fell short of expectations, with reported discrepancies widening.
Bitcoin drops below $62,000, triggering $1.5 billion in crypto liquidations.
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Summary
Bitcoin news broke on June 4, 2026, as Bitcoin dropped below $62,000, triggering $1.5 billion in crypto liquidations. Bitcoin analysis reveals a net outflow of $3.966 million from the Bitcoin ETF, with total outflows reaching $4.37 billion over 13 days.
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