According to Lookonchain, prominent trader AguilaTrades has deposited an additional $1.8 million USDC into Hyperliquid to reinforce their long BTC position, which now stands at 3,952 BTC (worth $422 million). The position has a liquidation price at $103,330 and is currently showing a profit and loss of +$3.2 million. This move signals strong institutional confidence in BTC price stability above $103,330 and may influence market sentiment, as large positions and deposits often lead to increased volatility and trading opportunities for both spot and derivatives traders. Source: Lookonchain (x.com/lookonchain/status/1934769283604922875)

According to Lookonchain, prominent trader James Wynn (@JamesWynnReal) has doubled down on his long Bitcoin position as BTC continues its upward movement. Wynn currently holds 1,133 BTC, valued at $121 million, with a liquidation price set at $104,276. His current profit and loss (PNL) stands at +$880,700, indicating strong confidence in Bitcoin’s ongoing bullish momentum. This significant leverage and position size signal increasing institutional interest and may add to short-term volatility, offering active traders critical cues for managing risk and identifying momentum opportunities in the crypto market (Source: Lookonchain, Twitter, June 3, 2025).