Stronger-than-expected payrolls data deepened the risk-off move across tech and digital assets, triggering a partial liquidation of a 104,772.57 WETH long while a trader opened a $170 million Bitcoin position.
A stronger-than-expected U.S. jobs report on June 6 accelerated a cross-market selloff, sending the Nasdaq down 3.00% at publication and pressuring leveraged crypto positions. An on-chain whale long 104,772.57 WETH was partially liquidated, extending stress already visible in large Ether-linked bets. At the same time, trader "Set 10 Big Targets" opened a 2,835.32 BTC position at $60,153.8, valued at about $170 million, while Killa was reported to be adding slowly and Ansem urged caution on bottom-fishing. The moves underscored how macro data that dims expectations for easier financial conditions can quickly hit both high-growth equities and leveraged digital-asset trades.