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GlasseNode: Spot
#Bitcoin
-ETF issuers almost own ~5% of the total
$BTC
issued.
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Last Year Uptober became rektober before actual Uptober begins Do not get convinced by the bears!! They were waiting for dipping higher low 60k area Now they are bearish for the new low and calling bearish Nothing to worry as we are having the connection of whales so you better prepare yourself for the change of fortune Click here to grab the whales calls
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đ U.S. Spot ETFs Surge to 4.6% of Bitcoin's Total Supply đ Institutional interest in Bitcoin is soaring, with U.S. Spot ETFs now holding 4.6% of all #BTC , valued at a whopping $58B! đ The latest surge includes assets from Grayscale's Bitcoin Mini Trust, signaling a robust demand for regulated #crypto exposure. đ This move not only validates #Bitcoin as a mainstream asset but also showcases investors' trust in regulated markets. đŒ #CryptoAdoption is no longer a fringe concept but a financial strategy embraced by the big players. The era of #InstitutionalInvestors in crypto is here, paving the way for broader market adoption. đ
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đš Crypto Market Shakes: 41,531 Traders Out! đž In the past 24 hours, the #crypto market has seen a staggering $122.29M in liquidations, with a single hit surpassing $9M! đ This massive shakeout affects both new and seasoned traders. Are we witnessing a market correction or the start of a new trend? đ€ The #volume of liquidations suggests high leverage and market volatility. Stay vigilant, manage your risk, and perhaps reconsider your trading strategies.
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đ BlackRock's Bold Bitcoin Bet: Predicts Crypto Market at $5.4 Trillion! đ BlackRock, the investment giant, envisions a future where #Bitcoin isn't just mainstream but monumental. Their forecast? A $5.4 trillion market cap! đđ° This isn't just speculation; it's a testament to #BTC Adoption's potential as we move forward. Could this be the dawn of #CryptoFuture ? The financial landscape might just be on the brink of transformation, with $BTC leading the charge. đđȘ Stay tuned, stay informed! đĄ
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