SoSo Daily Jun 9 | Strategy Purchases 1,045 BTC at an Average Price of $105,426, Totaling Approximately $110.2 Million
Crypto Market Update for June 9, 2025
Let's turn our attention to today's overall Crypto market situation.
As of 6 PM Hong Kong time on June 9, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.49 trillion US dollars, witnessing a slight decrease of 0.331% compared to yesterday; the total trading volume is 96.53 billion US dollars, marking a significant increase of 53.6% from the previous day.
Cryptocurrency Market Update - June 9, 2025
According to sosovalue, the price of $BTC is 108,340 USD, an increase of 2.13% from yesterday. The market cap of $BTC is 2.15 trillion USD, accounting for 61.6% of the total market cap; $BTC's 24-hour trading volume is 27.68 billion USD, making up 28.7% of the total trading volume.
The price of $ETH is 2,571.7 USD, up 1.92% from yesterday; the market cap of $ETH is 310.46 billion USD, representing 8.88% of the total market cap; $ETH's 24-hour trading volume is 14.97 billion USD, comprising 15.5% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 70.48% of the total cryptocurrency market cap, and their combined trading volumes constitute 44.2% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 18:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Paycoin. As of 18:00 today, its market cap is 121.91M, with a coin price of 0.11922 USD, witnessing a 24-hour increase of 77.7%.
The second is Skate. As of 18:00 today, its coin price is 0.062560 USD, with a 24-hour increase of 56.4%.
The third is Fluence. As of 18:00 today, its coin price is 0.059470 USD, showing a 24-hour increase of 53.8%.
In fourth place is Department Of Government Efficiency. As of 18:00 today, its coin price is 0.016950 USD, with a 24-hour rise of 53.1%.
In fifth place is Koinos. As of 18:00 today, its coin price is 0.026530 USD, increasing by 50.6% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 16 sectors, 14 are up and 2 are down. Notably, AI, NFT, and SocialFi sectors are worth mentioning.
AI sector has risen 4.32% relative to the UTC 0 time, led by gains in $SEKOIA (24.3%), $VVV (23.8%), and $comai (20.5%).
NFT sector has increased 2.86% relative to UTC 0, with ANIME (12.6%), $xmon (11.3%), and $opul (6.18%) leading the rise.
SocialFi sector has risen 2.53%, with $pts (18.4%), $rfr (11%), and $mlk (6.67%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue’s Bitcoin Treasuries dashboard, Strategy announced on June 8, 2025 (ET) that it had acquired 1,045 bitcoins at an average price of $105,426, for a total investment of approximately $110.2 million.
Compared to the previous purchase disclosed on June 2, 2025—705 $BTC at an average price of $106,495—this marks a week-over-week increase of approximately 48.23% in quantity and 46.72% in total investment.
As of June 8, 2025, Strategy holds a total of 582,000 bitcoins, with an average acquisition price of approximately $70,086, amounting to a total value of around $62.68 billion.
Next news:According to ChainCatcher, based on monitoring by on-chain analyst Yu Jin, a certain Hyperliquid whale with 20x leverage has been continuously increasing their position, with the nominal position value rising to 102 million USD. They are long 956 $BTC with 40x leverage, an opening price of 106,837 USD, and a liquidation price of 97,649 USD.
Next news:According to ChainCatcher, $KULR Technology's CEO Michael Mo announced today on social media that the company recently purchased approximately 13 million USD worth of Bitcoin (at an average price of about 107,861 USD per $BTC), acquiring 118.6 BTC. As of June 5, 2025, $KULR has accumulated a total holding of 920 $BTC, with a total investment of about 91 million USD, at an average purchase price of 98,760 USD per BTC. Michael Mo also stated that the company's Bitcoin investment return rate year-to-date has reached 260%. As a technology company focusing on AI, robotics, energy, and Bitcoin sectors, $KULR continues to firmly execute its Bitcoin reserve strategy.
Next news:Bitcoin prices rebounded over the weekend after briefly dropping to around $100,500 due to a public dispute between U.S. President Trump and Elon Musk. In the past 24 hours, Bitcoin has stabilized at approximately $105,500, but analysts believe the current trend remains unstable. Dominick John, an analyst at Kronos Research, stated that although the price shows strength above $105,000, the structure is still fragile. Kay Lu, CEO of HashKey Eco Labs, pointed out that Bitcoin is currently trading near a key support level, and investor sentiment is prone to panic selling influenced by isolated negative news. Institutional investors are supporting the price by establishing corporate Bitcoin treasuries; for example, Trump Media & Technology Group and GameStop have each established multi-billion-dollar Bitcoin treasuries. Looking ahead, Bitcoin's short-term volatility will be influenced by upcoming U.S. macroeconomic data releases, including the Consumer Price Index (CPI) and Producer Price Index (PPI), which will affect whether the Federal Reserve adjusts interest rates at the June 17 meeting. The CME Group's FedWatch tool indicates that the Fed is almost certain to keep current rates unchanged. Jeff Mei, COO of BTSE, stated that unless there is significant progress or setbacks in U.S. trade negotiations, the market may not experience major fluctuations beforehand.
Next news:
According to TechFlow, on June 9, HTX market data showed $BTC breaking through $106,000, currently trading at $106,082, with a 24-hour increase of 0.82%.
Next news:ChainCatcher reports that according to Onchain Lens monitoring, a newly created wallet deposited 5.50 million USD in $USDC into HyperLiquid and opened a $BTC long position with 20x leverage. Currently, the value of this position has exceeded 53.65 million USD.
Next news:Foresight News reports that from June 5 to 6, the Australian Federal Police, in collaboration with multiple departments, conducted 14 raids in Brisbane and the Gold Coast, dismantling a money laundering network suspected of converting 190 million USD in cash into crypto assets through an armored cash-in-transit company.The involved company is suspected of masking the source of funds through cryptocurrency, antique car transactions, and shell companies. Four individuals have been charged, including a Brisbane man accused of laundering 9.50 million USD.A total of 170,000 USD in crypto assets, 17 properties, crypto wallets containing crypto equipment, as well as business records and documents related to the suspected money laundering scheme were seized. The investigation is ongoing.
Next news:Plasma completed a $500 million stablecoin fundraising through the ICO platform Sonar within one hour. The fundraising event started at 9:00 AM on June 9th. Users gained the right to purchase XPL tokens by depositing stablecoins into Plasma's treasury, with a single deposit cap of $50 million. The fundraising target was to publicly issue 10% of the total XPL token supply, and it was completed at 9:48 AM. Plasma's stablecoin treasury contains $345 million $USDC, $146.10 million $USDT, $7.50 million USDS, and $1.21 million DAI. Sonar is a subsidiary of Echo, an angel investment platform founded by the well-known crypto trader Cobie, and Plasma is its first project. Plasma is developing an EVM-compatible sidechain aimed at eliminating transaction fees for USDT. Previously, Plasma raised $3.50 million led by Bitfinex and $20 million in Series A funding. $USDT is the most popular dollar-pegged stablecoin, accounting for 64% of the overall stablecoin supply.
Next news:According to CoinShares data, global cryptocurrency investment products saw a net inflow of 286 million USD last week, marking the eighth consecutive week of capital inflow, with a total amount reaching 11.30 billion USD. Ethereum-related funds outperformed Bitcoin, leading for the second consecutive week with a net inflow of 296.40 million USD and a cumulative inflow of 1.50 billion USD over seven weeks, accounting for 10.5% of global Ethereum fund assets under management. The US spot Ethereum Exchange-Traded Funds (ETFs) contributed 281.30 million USD in inflows, maintaining positive growth for 15 consecutive days, totaling 837.50 million USD. In contrast, Bitcoin-related products experienced a net outflow for the second consecutive week, with an outflow of 56.50 million USD. Other altcoin products were flat, with Sui funds seeing a slight net inflow of 1.10 million USD, while XRP funds experienced a net outflow for the third consecutive week of 6.60 million USD. Capital inflows were mainly concentrated in the US (175 million USD), Germany (47.80 million USD), Switzerland (15.70 million USD), Canada (9.80 million USD), and Australia (6.50 million USD), while Brazil and Hong Kong saw slight net outflows. James Butterfill, Head of Research at CoinShares, pointed out that despite continuous capital inflows, due to uncertainties in US Federal Reserve monetary policy, investors are adopting a wait-and-see attitude, leading to a slowdown in the speed of capital inflows.
Next news:
According to data from SoSoValue, during last week’s trading days (June 2 to June 6, ET), Ethereum spot ETFs recorded a total weekly net inflow of $281 million, with none of the nine ETFs experiencing outflows.
The ETF with the highest weekly net inflow was BlackRock’s ETHA, which brought in $249 million. ETHA’s cumulative net inflow has now reached $4.85 billion. The second-largest inflow came from Grayscale’s Ethereum Mini Trust ETF ($ETH), which saw $25.20 million in net inflows last week, bringing its total historical net inflow to $694 million.
As of the time of writing, the total net asset value (NAV) of Ethereum spot ETFs stands at $9.40 billion, representing 3.11% of Ethereum’s total market capitalization. The cumulative net inflow has reached $3.33 billion.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.
SoSo Daily Jun 9 | Strategy Purchases 1,045 BTC at an Average Price of $105,426, Totaling Approximately $110.2 Million
Crypto Market Update for June 9, 2025
Let's turn our attention to today's overall Crypto market situation.
As of 6 PM Hong Kong time on June 9, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.49 trillion US dollars, witnessing a slight decrease of 0.331% compared to yesterday; the total trading volume is 96.53 billion US dollars, marking a significant increase of 53.6% from the previous day.
Cryptocurrency Market Update - June 9, 2025
According to sosovalue, the price of BTC is 108,340 USD, an increase of 2.13% from yesterday. The market cap of BTC is 2.15 trillion USD, accounting for 61.6% of the total market cap; BTC's 24-hour trading volume is 27.68 billion USD, making up 28.7% of the total trading volume.
The price of ETH is 2,571.7 USD, up 1.92% from yesterday; the market cap of ETH is 310.46 billion USD, representing 8.88% of the total market cap; ETH's 24-hour trading volume is 14.97 billion USD, comprising 15.5% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 70.48% of the total cryptocurrency market cap, and their combined trading volumes constitute 44.2% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 18:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Paycoin. As of 18:00 today, its market cap is 121.91M, with a coin price of 0.11922 USD, witnessing a 24-hour increase of 77.7%.
The second is Skate. As of 18:00 today, its coin price is 0.062560 USD, with a 24-hour increase of 56.4%.
The third is Fluence. As of 18:00 today, its coin price is 0.059470 USD, showing a 24-hour increase of 53.8%.
In fourth place is Department Of Government Efficiency. As of 18:00 today, its coin price is 0.016950 USD, with a 24-hour rise of 53.1%.
In fifth place is Koinos. As of 18:00 today, its coin price is 0.026530 USD, increasing by 50.6% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 16 sectors, 14 are up and 2 are down. Notably, AI, NFT, and SocialFi sectors are worth mentioning.
AI sector has risen 4.32% relative to the UTC 0 time, led by gains in SEKOIA (24.3%), VVV (23.8%), and comai (20.5%).
NFT sector has increased 2.86% relative to UTC 0, with ANIME (12.6%), xmon (11.3%), and opul (6.18%) leading the rise.
SocialFi sector has risen 2.53%, with pts (18.4%), rfr (11%), and mlk (6.67%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue’s Bitcoin Treasuries dashboard, Strategy announced on June 8, 2025 (ET) that it had acquired 1,045 bitcoins at an average price of $105,426, for a total investment of approximately $110.2 million.
Compared to the previous purchase disclosed on June 2, 2025—705 BTC at an average price of $106,495—this marks a week-over-week increase of approximately 48.23% in quantity and 46.72% in total investment.
As of June 8, 2025, Strategy holds a total of 582,000 bitcoins, with an average acquisition price of approximately $70,086, amounting to a total value of around $62.68 billion.
Next news:According to ChainCatcher, based on monitoring by on-chain analyst Yu Jin, a certain Hyperliquid whale with 20x leverage has been continuously increasing their position, with the nominal position value rising to 102 million USD. They are long 956 BTC with 40x leverage, an opening price of 106,837 USD, and a liquidation price of 97,649 USD.
Next news:According to ChainCatcher, KULR Technology's CEO Michael Mo announced today on social media that the company recently purchased approximately 13 million USD worth of Bitcoin (at an average price of about 107,861 USD per BTC), acquiring 118.6 BTC. As of June 5, 2025, KULR has accumulated a total holding of 920 BTC, with a total investment of about 91 million USD, at an average purchase price of 98,760 USD per BTC. Michael Mo also stated that the company's Bitcoin investment return rate year-to-date has reached 260%. As a technology company focusing on AI, robotics, energy, and Bitcoin sectors, KULR continues to firmly execute its Bitcoin reserve strategy.
Next news:Bitcoin prices rebounded over the weekend after briefly dropping to around $100,500 due to a public dispute between U.S. President Trump and Elon Musk. In the past 24 hours, Bitcoin has stabilized at approximately $105,500, but analysts believe the current trend remains unstable. Dominick John, an analyst at Kronos Research, stated that although the price shows strength above $105,000, the structure is still fragile. Kay Lu, CEO of HashKey Eco Labs, pointed out that Bitcoin is currently trading near a key support level, and investor sentiment is prone to panic selling influenced by isolated negative news. Institutional investors are supporting the price by establishing corporate Bitcoin treasuries; for example, Trump Media & Technology Group and GameStop have each established multi-billion-dollar Bitcoin treasuries. Looking ahead, Bitcoin's short-term volatility will be influenced by upcoming U.S. macroeconomic data releases, including the Consumer Price Index (CPI) and Producer Price Index (PPI), which will affect whether the Federal Reserve adjusts interest rates at the June 17 meeting. The CME Group's FedWatch tool indicates that the Fed is almost certain to keep current rates unchanged. Jeff Mei, COO of BTSE, stated that unless there is significant progress or setbacks in U.S. trade negotiations, the market may not experience major fluctuations beforehand.
Next news:
According to TechFlow, on June 9, HTX market data showed BTC breaking through $106,000, currently trading at $106,082, with a 24-hour increase of 0.82%.
Next news:ChainCatcher reports that according to Onchain Lens monitoring, a newly created wallet deposited 5.50 million USD in USDC into HyperLiquid and opened a BTC long position with 20x leverage. Currently, the value of this position has exceeded 53.65 million USD.
Next news:Foresight News reports that from June 5 to 6, the Australian Federal Police, in collaboration with multiple departments, conducted 14 raids in Brisbane and the Gold Coast, dismantling a money laundering network suspected of converting 190 million USD in cash into crypto assets through an armored cash-in-transit company.The involved company is suspected of masking the source of funds through cryptocurrency, antique car transactions, and shell companies. Four individuals have been charged, including a Brisbane man accused of laundering 9.50 million USD.A total of 170,000 USD in crypto assets, 17 properties, crypto wallets containing crypto equipment, as well as business records and documents related to the suspected money laundering scheme were seized. The investigation is ongoing.
Next news:Plasma completed a $500 million stablecoin fundraising through the ICO platform Sonar within one hour. The fundraising event started at 9:00 AM on June 9th. Users gained the right to purchase XPL tokens by depositing stablecoins into Plasma's treasury, with a single deposit cap of $50 million. The fundraising target was to publicly issue 10% of the total XPL token supply, and it was completed at 9:48 AM. Plasma's stablecoin treasury contains $345 million USDC, $146.10 million USDT, $7.50 million USDS, and $1.21 million DAI. Sonar is a subsidiary of Echo, an angel investment platform founded by the well-known crypto trader Cobie, and Plasma is its first project. Plasma is developing an EVM-compatible sidechain aimed at eliminating transaction fees for USDT. Previously, Plasma raised $3.50 million led by Bitfinex and $20 million in Series A funding. USDT is the most popular dollar-pegged stablecoin, accounting for 64% of the overall stablecoin supply.
Next news:According to CoinShares data, global cryptocurrency investment products saw a net inflow of 286 million USD last week, marking the eighth consecutive week of capital inflow, with a total amount reaching 11.30 billion USD. Ethereum-related funds outperformed Bitcoin, leading for the second consecutive week with a net inflow of 296.40 million USD and a cumulative inflow of 1.50 billion USD over seven weeks, accounting for 10.5% of global Ethereum fund assets under management. The US spot Ethereum Exchange-Traded Funds (ETFs) contributed 281.30 million USD in inflows, maintaining positive growth for 15 consecutive days, totaling 837.50 million USD. In contrast, Bitcoin-related products experienced a net outflow for the second consecutive week, with an outflow of 56.50 million USD. Other altcoin products were flat, with Sui funds seeing a slight net inflow of 1.10 million USD, while XRP funds experienced a net outflow for the third consecutive week of 6.60 million USD. Capital inflows were mainly concentrated in the US (175 million USD), Germany (47.80 million USD), Switzerland (15.70 million USD), Canada (9.80 million USD), and Australia (6.50 million USD), while Brazil and Hong Kong saw slight net outflows. James Butterfill, Head of Research at CoinShares, pointed out that despite continuous capital inflows, due to uncertainties in US Federal Reserve monetary policy, investors are adopting a wait-and-see attitude, leading to a slowdown in the speed of capital inflows.
Next news:
According to data from SoSoValue, during last week’s trading days (June 2 to June 6, ET), Ethereum spot ETFs recorded a total weekly net inflow of $281 million, with none of the nine ETFs experiencing outflows.
The ETF with the highest weekly net inflow was BlackRock’s ETHA, which brought in $249 million. ETHA’s cumulative net inflow has now reached $4.85 billion. The second-largest inflow came from Grayscale’s Ethereum Mini Trust ETF (ETH), which saw $25.20 million in net inflows last week, bringing its total historical net inflow to $694 million.
As of the time of writing, the total net asset value (NAV) of Ethereum spot ETFs stands at $9.40 billion, representing 3.11% of Ethereum’s total market capitalization. The cumulative net inflow has reached $3.33 billion.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.
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