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Crypto News: $1.5 Billion in Longs Wiped as Bitcoin Crashes and Pepeto Presale Hits $10M

06-05-2026 12:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TOKENWIRE

/ PR Agency: https://www.tokenwire.io
Crypto News: $1.5 Billion in Longs Wiped as Bitcoin Crashes

Bitcoin dropped below $63,000 on June 5 as $1.5 billion in long positions got liquidated, and the Fear and Greed Index at 11 confirms what the charts have been showing for weeks. ETH fell below $1,800 and BNB sits at $595 while large cap holders watch value disappear. This is the crypto news that separates the wallets who panic from the ones who position. Pepeto https://pepetocoin.com built by the original Pepe coin cofounder has raised more than $10 million while the market bleeds, and the approaching Binance listing is why.

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Crypto News Turns Red as Bitcoin Drops Below $63,000 and Longs Get Destroyed

Bitcoin crashed to $62,800 on June 5 after $1.5 billion in crypto long positions were liquidated in 24 hours according to CoinDesk. The move extends BTC's decline to 50% below its October 2025 all time high of $126,200, and spot Bitcoin ETFs have lost $2.97 billion across ten outflow sessions. Traders rotated out of crypto into AI stocks and IPOs according to Yahoo Finance, draining liquidity large caps need to recover. This crypto news cycle is the kind of fear that created every major presale entry in previous cycles.

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Market Shakeout and Presale Strength: Pepeto, BNB, and Ethereum in Focus

Pepeto

The crypto news is all about destruction, and Pepeto https://pepetocoin.com is the presale quietly building through the wreckage. Pepeto solves one problem: keeping holders' capital safe and growing while the market falls apart. PepetoSwap lets holders swap tokens without paying a cent so no trade loses value to fees, and a risk scanner checks every contract for traps before a position opens.

BNB lost 7% in a week and ETH fell below $2,000 while $10 million flowed into Pepeto from wallets that see what the market headlines are missing. Pepeto holders have a live trading platform and a contract scanner running, and these tools protect every entry while fear clears weak hands.

The Pepeto presale is closing in on the final window before the Binance listing reprices the token above $0.0000001874 per entry. The 170% APY staking program grows every position that opens before the listing, and the founder whose first project, the Pepe coin, reached $11 billion at peak on pure meme culture with 420 trillion tokens and not a single working tool, has now built the infrastructure that was missing. SolidProof approved every contract, and a Binance industry veteran leads development.

The cofounder did it once with nothing behind it, and doing it again with a working exchange is a pattern repeating in favor of the wallets that enter now. Analysts project Pepeto as the crypto news breakout that the crowd will only recognize after the listing reprices the token. Matching the original Pepe ATH from presale price gives 150x, and this time a full platform sits behind the math.

https://youtu.be/Syr4VQeYEBI

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BNB

BNB trades at $595 after Grayscale filed its third S-1 for a spot BNB ETF with the SEC, and the token overtook XRP for the fourth largest cap at $94 billion. Changelly projects BNB could average $713 in June 2026 according to CoinMarketCap. The ETF pipeline gives BNB a floor, but a 2x from $595 caps the return at $1,240, a number presale entries can reach in hours on listing day.

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Ethereum

ETH sits at $1,680 after losing more than 60% since peaking near $5,000 in August 2025, and whale wallets now hold 22% of supply at the highest level in ten weeks according to CoinMarketCap. Standard Chartered targets $4,000 by year end. The accumulation is bullish, but a move to $4,000 only returns 2x from here, and the crypto news around ETH is about recovery, not portfolio changing upside.

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Closing Thoughts

The crypto news on June 4 showed $1.5 billion in longs wiped and Bitcoin at levels not seen since April, but the founder behind the original Pepe coin already turned zero utility into $11 billion in market value. Doing it again with PepetoSwap and a Binance listing ahead is a pattern pointing in one direction. The current entry price gets replaced the instant the listing goes live. The Pepeto official website is where wallets are entering now, and the people who act on the pattern the cofounder already proved will look back on this entry as the smartest move of the cycle.

Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com

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FAQs

What is the biggest crypto news on June 4 2026?

The biggest crypto news is Bitcoin crashing below $63,000 as $1.5 billion in longs got liquidated, extending the drop to 50% below the October 2025 all time high.

Is the crypto market going to recover?

Analysts project a BTC and ETH recovery later in 2026, but the biggest returns come from presale entries made during fear, not after the bounce.

Why is Pepeto raising millions during a crash?

Pepeto has the Pepe coin cofounder and a Binance listing ahead, and the Pepeto official website shows over $10 million raised from wallets buying the dip.

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Disclaimer:

Nothing in this article should be interpreted as financial advice. Cryptocurrency investments can be highly unpredictable and may result in substantial losses. Readers are encouraged to carefully assess risks and conduct independent research before investing.

Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto

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