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Bitcoin bull market 'great validator' comes as James Wynn loses $100M

cryptoweekly by cryptoweekly
May 30, 2025
in bitcoin, News
0

Bitcoin is seeing increasing profit-taking, new research confirms, while Hyperliquid’s Wynn joined those liquidated during the latest 10% BTC price retreat.

Key points:

Bitcoin profit-taking is in full swing, but this can end up sustaining the bull market, Santiment research argued.

Coins are spending increasingly less time in wallets, but the market is not suffering from “short-term speculation.”

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Recent Posts
  • Bitcoin, crypto dip as Trump says Iran’s leader an ‘easy target’
  • Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
  • Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
  • Washington’s second-biggest city, Spokane, bans crypto ATMs
  • Spanish bank BBVA suggests clients make 7% crypto allocation
  • Bitcoin and HYPE could get $844M total windfall from 4 public US firms
  • Bitcoin downside risk lingers, upside hinges on holding above $102K

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