Bitcoin hits $93,000 amid $3.5B whale buys on Jan 5; James Wynn goes 40x long

Bitcoin surged to $93,000, a yearly high, after whales accumulated over $3.5 billion within 10 hours on the 5th of January. ETFs logged their strongest inflows since October, while trader James Wynn raised a $14 million BTC long at 40x leverage with over $750K unrealized gains, leaving the rally's sustainability in focus.