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Monitoring shows that user @Jason60704294 closed half of their position, approximately 1,417.66 BTC, cashing out an estimated $89.9 million at the time of posting, with an expected profit of $4.88 million. The remaining 50% of the position still has an unrealized profit of $3.31 million. (Ai Yi)

BlockBeats News, on June 9, "White-haired Stock God" Serenity posted that those currently citing bearish views from Bank of America should remember that earlier this March, Bank of America claimed that EWY/KOSPI—namely, SK Hynix and Samsung-related Korean memory chip stocks—were in an extreme bubble state. At the time, Bank of America attributed the price rise to retail investors and implied that retail should sell Korean memory stocks, even comparing it to the 2008 financial crisis, the internet bubble, and the silver crash. Serenity stated that not long after retail investors sold their long positions, memory chip stocks instead climbed to record highs. Serenity said: "Institutions are not your friends." He also noted that typically, when an unusually large amount of negative news appears, it is because institutions need liquidity. According to previous reports, BofA Securities stated that investors should remain cautious towards U.S. stocks, as an increasing number of bearish signals suggest the market is approaching a top. The team of strategists led by Savita Subramanian wrote in a report dated June 5 that about 70% of bear market signals have currently been triggered, consistent with the average level seen at historical market tops. Seventeen out of twenty S&P 500 valuation metrics show "statistically significant overvaluation," with eight of these even higher than during the tech bubble. In addition, high P/E stocks have greatly outperformed low-valuation stocks, which strategists see as "a sign of excessive speculation." Within the technology sector, the gap between the best and worst performing quintiles has widened to its highest level since February 2000.

According to Odaily, Onchain Lens monitoring shows that Bitwise deposited 50,480 HYPE tokens worth 3.28 million US dollars into FalconX. As of June 7, 2026, Bitwise holds 1,553,865 HYPE tokens valued at 96.8 million US dollars.