PORT3 just hits a new all time high! #HotTrends #ozuru | Ozuru στο Binance Square

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PORT3 just hits a new all time high!
#HotTrends #ozuru 

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Since June this year, Bitcoin miners have been selling off massive amounts of their holdings, up to the tune of 50,000 $BTC worth about $2 billion. This has led to a 14-year low in the amount of Bitcoins held by miners. This is part of the reason why the price of Bitcoin has been on a steady decline. #ozuru #BTC☀ #Bitcoin❗

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The reason why the price of $BTC has been on a steady decline lately is due to the fact that miners have sold a very large portion of their bitcoins. Additionally, the German government has transferred a massive amount of bitcoins to exchanges (approximately three thousand BTCs). As the price of bitcoin continued to decline, traders became bearish on BTC. According to CoinDesk, $150 million worth of bullish bets has been liquidated. #ozuru #Bitcoin❗

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A certain Japanese firm known as Metaplanet inc. plans to buy $BTC worth $6.3 million. Slowly and steadily the 21 million bitcoin supply is being gulped up by big institutions. HODL your bitcoins!

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Pac Finance users experienced a shock on Thursday when an unexpected code modification led to massive financial losses, highlighting the risks of alterable software on DeFi platforms. In the early hours of April 11, at approximately 1 am London time, an individual with entry to the admin wallet of Pac Finance initiated a code update. This action reduced the collateral liquidation threshold for the protocol. This adjustment instantly resulted in the liquidation of collateral for numerous traders employing Pac Finance for leverage farming with Renzo’s ezETH token, culminating in losses totaling $26 million. Source: dlnews.com #ozuru

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Arkham’s analysis reveals a significant shift in global finance as major governments, including the U.S., U.K., and Germany, accumulate substantial Bitcoin holdings. The U.S. leads with 212,847 BTC valued at $15 billion, followed by the U.K. with 61,245 BTC and Germany with 49,858 BTC. This trend reflects the increasing integration of cryptocurrencies into national economies and raises important questions about future financial regulations and the balance of geopolitical power. Source: cryptocrunchnews #ozuru

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