Bitcoin Hits $110,000 on Whale Activity and Trade Optimism
June 9, 2025
Bitcoin (BTC) surged past $110,000 on renewed optimism around global trade and aggressive positioning by crypto whales — reigniting bullish momentum across the digital asset market.
As of late Monday evening, Bitcoin traded around $109,500, after touching an intraday high of $110,290, according to the latest data. The move signals a key breakout as bulls look to reclaim all-time highs set earlier this year.
1. U.S.–China Trade Optimism
- Hopes of improved U.S.–China relations sparked a wave of risk-on sentiment across global markets.
- Traders interpreted recent diplomatic signals as easing geopolitical risk — a bullish backdrop for crypto.
2. Whale Activity Signals Confidence
- A massive whale placed a 20× leveraged long using $10 million USDC, opening a $250 million BTC position.
- That single bet has already returned nearly $5.87 million in unrealized profit, according to Hyperliquid blockchain data.
- Another whale opened an $84.5 million long position shortly after, echoing strong institutional sentiment.
3. Short Liquidations Fuel Momentum
- Over $182 million in short positions were liquidated in just four hours as BTC ripped through $110K.
- In total, $438 million in liquidations occurred across all assets in 24 hours — adding rocket fuel to Bitcoin’s breakout.
| Metric | Value |
|---|---|
| Current BTC Price | ~$109,500 |
| Intraday High | $110,290 |
| Trading Volume | +55% to ~$58.5 billion |
| Fear & Greed Index | 71 – “Greed” |
| 24h Liquidations | $438 million (across all cryptos) |
| Whale Long Leverage | 20× (up to $250 million per position) |
The coordinated move past $110,000 suggests Bitcoin’s rally is not retail-driven — but powered by institutional and whale-sized trades backed by strong macro tailwinds.
Bitcoin’s dominance is also rising, now holding nearly 64% of the total crypto market cap, reinforcing its leadership position as the “flight-to-quality” asset of digital finance.
- Resistance ahead: Watch the $111,800 level — the recent all-time high. A decisive break could trigger a rally toward $115,000+.
- Volatility risk: High leverage means even a small drop could unwind positions quickly.
- Macro headlines: Any disruption in the U.S.–China narrative could pull Bitcoin back below $105K support.
Bitcoin is back in breakout mode — and this time, it’s not just hype. Between whale leverage, short squeezes, and global optimism, BTC’s momentum is building toward a potential new all-time high.
But in a high-leverage environment, discipline is critical. Whether you’re a long-term holder or a short-term trader, now is the time to stay sharp.
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