🌐CryptoQuant CEO: The U.S. Could Reduce Debt by Purchasing 1 Million Bitcoins

Can the U.S. reduce its national debt by hoarding Bitcoin? CryptoQuant's CEO Ki Young Ju recently shared his thoughts on social media. He believes that while politically challenging, it is theoretically feasible.

Ki shared his analysis on social media platform X, stating that over the past 15 years, $790 billion has flowed into Bitcoin, pushing its market cap to $2 trillion. In just this year alone, $352 billion has flowed in, increasing Bitcoin's market cap by $1 trillion.

He also reminded investors that replacing gold or the dollar with a highly volatile asset like Bitcoin could give creditors headaches. After all, Bitcoin's price fluctuates and is not so stable.

However, Ki feels that if the U.S. treats Bitcoin as a strategic asset and completes the plan to buy 1 million Bitcoins by 2050, it could offset 36% of the debt held domestically. This might reduce the U.S.'s reliance on inflationary monetary policy.

Matthew Sigel, the head of digital asset research at VanEck, also joined the discussion, calculating that if the U.S. Treasury accumulates 1 million Bitcoins at a price of $200,000 each over five years, by 2049, the growth of Bitcoin could cover a significant portion of U.S. debt and create new economic buffers for future liabilities.

Although all these analyses are still speculations, they also demonstrate the immense interest in managing national debt with digital assets. Additionally, Bitcoin's decentralization and scarcity are expected to make it an excellent tool for hedging inflation and providing long-term stability for the financial system.

However, to incorporate Bitcoin into national reserves, clear regulatory policies, legal frameworks, and international cooperation need to be established. At the same time, this idea has sparked the public's limitless imagination about Bitcoin's future potential!

💬 Do you think Bitcoin could really be the key for the U.S. to reduce its debt? If Bitcoin were included in national reserves, what profound impacts would it have on the global financial landscape? See you in the comments!

#比特币 #美国债务 #加密货币趋势 #比特币储备 #国家债务

🚀The Bitcoin market continues to heat up, and the number of wallets of large-capital investors surges by 10%

The Bitcoin market has been really hot recently. Big-money investors have entered the market one after another, and the number of 'shark and whale' wallets has surged by 10%. According to Santiment’s on-chain data, the number of Bitcoin addresses holding at least 100 BTC has increased significantly since the start of this bull market. This means that more and more large investors are joining the ranks of Bitcoin.

At the latest exchange rate, holding 100 BTC is equivalent to owning nearly $10.6 million in assets, which is not a small amount. Therefore, those who can enter this range are investors with strong funds. And the more tokens they hold, the greater their influence on the market.

The trends of these large players, especially their supply distribution trends, are worthy of attention. While their actions don't always directly impact asset prices, they can provide us with sentiment information about these giants.

Additionally, a Bitcoin supply distribution chart shared by Santiment shows that data in the 100+ BTC range is rising. On October 10, this indicator was 16,062 and has now risen to 17,644. In just nine weeks, there were 1,582 more shark- and whale-sized wallets.

Interestingly, many of the increases of more than 10% only occurred this month, indicating that many investors bought Bitcoin at the recent high price. As BTC prices continue to move higher, the growth of this indicator is accelerating, which is a positive sign that big-money traders believe that Bitcoin is still worth buying even at current price levels.

Bitcoin’s rally appears to show no signs of stopping, given the fear of missing out (FOMO) that has developed among large investors. The asset price once again reached new highs, this time also surpassing the $106,000 mark.

💬 What do you think of this wave of large investors entering the market? How long do you think the Bitcoin bull market can last? See you in the comments section!

#比特币牛市 #大户入场 #加密货币趋势

🚀 Bitcoin's road to a new high is blocked, and analysts tell you the reasons behind it!

🧐 Recently, the price of Bitcoin has been hovering between $55,000 and $65,000, and it seems a bit difficult to break through the $70,000 mark. So, analysts from IntoTheBlock gave some interesting insights!

📉 Why is it difficult for the price to break through? The reason is that many Bitcoin traders bought BTC in the price range of $61,700 to $70,500, but now the price is around $56,500, which means they are all losing money. So, if the price rises back to this range, there may be a lot of people who want to sell quickly to reduce losses or at least break even.

🔄 Therefore, analysts from IntoTheBlock said that whenever a large number of traders lose money, the price of Bitcoin will face selling pressure when it approaches their purchase level, which is why Bitcoin has difficulty breaking through this price range!

📊 What does historical data say? Historically, September is usually not a good month for Bitcoin. Bitcoin has fallen in September in six of the past seven years, with an average drop of 4.5%. Moreover, September this year did not start well, with the price falling from $60,000 to $55,000.

🌐 At the same time, analysts also mentioned some other factors that may affect the price of Bitcoin, such as market consolidation after Bitcoin halving, uncertainty in the US election, large amounts of Bitcoin held by the government, and the upcoming asset distribution to Mt. Gox creditors.

🐋 Despite the challenges, Bitcoin's on-chain data shows positive signs. The number of wallets holding more than 100 BTC has reached a 17-month high, which means that large investors are buying on dips and may be preparing for a rebound at the end of the year.

💬 What do you think about the current market conditions and future trends of Bitcoin? Do you think Bitcoin can break through the current resistance and set new highs after the interest rate cut in September? Leave your insights in the comment section!

#比特币 #市场分析 #加密货币趋势 #IntoTheBlock

```
♠️PYUSD King Bomb Attack! The circulation volume exceeded 900 million US dollars in August. Is the stablecoin world going to change?

🃏Paxos latest report data exploded:
• Total circulation: $908,164,708
• Treasury bond mortgage: $149,017,480
• Repurchase agreement: $619,324,620
• Cash deposit: $156,006,044

♣️Insider interpretation:
1. The growth rate is comparable to a rocket, USDT and USDC should be careful
2. There are many asset allocations and full security
3. The big guys love to use it, and the potential is unlimited

♥️Ask all the poker friends: Can PYUSD become the new king of the stablecoin market?

♦️#PYUSD #稳定币大战 #加密货币趋势

🃏More inside information: https://paxos.com/wp-cont...
```

$SOL $JUP

📈 Financial market is changing: Fed rate cut is imminent, global market volatility intensifies📉

Recent financial market dynamics have attracted widespread attention, especially about the Fed's possible rate cut decision. The market expects that the Fed may take early rate cut measures to appease market sentiment before the FOMC meeting on September 18.

Therefore, August may be a volatile month, and investors need to be prepared for various market trends to cope with the last opportunity to enter the market in this cycle!

In addition, the plunge in global financial markets and cryptocurrency markets has triggered a variety of speculations:

1. First, some people believe that the conflict between Israel and Hamas, coupled with the assassination of Hamas leaders in Iran, triggered panic selling in financial markets. But some people disagree with this view because conflicts in the Middle East have always had a long history, and this incident is not enough to trigger World War III.

2. Secondly, the unexpected interest rate hike by the Bank of Japan may also be one of the reasons for the market turmoil. Although Japan has long implemented a zero interest rate policy to combat deflation, the Bank of Japan recently decided to raise interest rates by 25 basis points, which has caused a certain impact on global financial markets. However, there are also views that although this move has a certain impact on the market, it is not enough to trigger a global economic panic or collapse.

3. In addition, given the poor performance of US labor data last Friday, the rise in unemployment is also considered to be one of the factors leading to financial market turmoil.

However, mainstream media and large institutions will use this series of events to hype, combined with a sharp correction in the financial market, so that the global financial market is shrouded in panic. This view is verified by the recent performance of the US and Japanese stock markets.

Viewpoint:

Given the large increase in US stocks in the past one or two years, this round of 10% to 20% correction may be a healthy market adjustment in the long run.

At the same time, Bitcoin hit a record high of $74,000 before the fourth halving, and the current correction is just a normal correction phenomenon of the bull market outlook.

However, for those investors who have accumulated enough chips, the next time the market explodes, it will be the time to reap the benefits!

#美联储降息 #全球市场动态 #加密货币趋势

🚨 Bitcoin price decline triggers market panic, is it time to buy the bottom?

📉 The Fear & Greed Index, created by Alternative, combines volatility, trading volume, social media sentiment, market capitalization dominance and Google Trends to measure market sentiment with a score of 0-100. The current index is 31, indicating that the market has entered the extreme fear zone.

🤔 Fear & Greed Index, if this index exceeds 53, it means that everyone is too greedy; if it is below 47, it means that the market is too scared. The extreme cases are below 25 and above 75, representing "extreme fear" and "extreme greed" respectively.

📊 It can be clearly seen from the chart that the Fear & Greed Index was at a high level around July 29, but the value of this indicator also experienced a significant decline in the momentum of Bitcoin's price decline.

🔍On July 29, the index was 74, on the verge of "extreme greed", but by August 6, 8, and 12, the index had entered the "extreme fear" zone, with the index reaching 17, 20, and 25 respectively.

📈Although the index rebounded to 48 on the 9th of this month, the short-lived recovery did improve market sentiment. However, this growth does not seem to be sustained, and as the price of Bitcoin fell again, market sentiment fell into fear again.

💡Some people believe that historically, Bitcoin prices often go against market expectations. As a result, extreme sentiment areas often indicate the formation of market tops or bottoms. Therefore, the current extreme fear may indicate the emergence of a market bottom, although future price trends remain to be observed.

👇However, there are also different views that the current Bitcoin price fluctuates between $58,500 and $59,500, and it is still possible to drop to the $56,000 to $58,000 range in the short term. $BTC

🔄What do you think of the current market sentiment? Do you think it is a good time to buy the bottom? Or do you have any unique investment strategies or insights?

#比特币 #市场情绪 #恐惧与贪婪指数 #加密货币趋势

🚀 Bitcoin is poised to take off: Traders eye $68,000!

💡 Bitcoin could be on the verge of a big move! If it can hold the $64,000 mark, traders predict it could quickly climb to $68,000. Mister Crypto noted in his analysis video that once this psychological barrier is breached, the price of Bitcoin could return to $68,000, a level we haven’t seen since July 30.

📊 Currently, Bitcoin is inching closer to its 2021 all-time high of $68,991, which has become a milestone that investors are watching closely for 2024. Data from CoinMarketCap shows that the price of Bitcoin is already just above $64,245.

🔍 However, Bitcoin has been struggling a bit at the $64,000 level over the past few weeks. On August 23, it finally broke through this mark for the first time in 20 days, but the good times did not last long, and the price soon fell back to $63,500. Today, the price of Bitcoin is at the $64,000 mark again. $BTC
📉 In addition, at the#JackHallAnnual Meeting the day before yesterday, the speech by Federal Reserve Chairman Powell seemed to have injected a shot of adrenaline into the market. Although he did not announce a clear timetable for rate cuts, it was enough to excite the Bitcoin market.

🔄 Looking back a few months after the Bitcoin ETF was approved on January 11, $64,000 was a key support level for Bitcoin. But the big drop on August 5 changed everything, and this price level has now become a resistance level that Bitcoin needs to overcome.

📊 Mister Crypto reminds investors that Bitcoin may not fluctuate much in the short term and is expected to consolidate around the current level.

🐂 Meanwhile, trader Elja notified his X followers that bulls are gaining momentum and now is the perfect time to push Bitcoin into the $68,000 to $70,000 range. The reason is that Bitcoin's RSI indicator shows that the market is not overbought yet, and the current RSI is 66.11, far below the overbought threshold of 70.

👇 Do you think Bitcoin can quickly break through the $68,000 mark in the short term? Welcome to share your insights in the comment section and join us in the discussion!

#比特币突破 #价格预测 #加密货币趋势 #投资分析

Fidelity Report: Ethereum inflation soared last quarter, how did the market react? 📢

👋Hey, all cryptocurrency fans, today we are going to talk about the latest report from Fidelity Digital Assets, which brings some big news to our Ethereum!

Fidelity reported that Ethereum experienced the worst inflation period in history last quarter, with the total supply increasing by about 110,000 ETH and the annual inflation rate reaching 0.37%. 😱

They believe that the reason is the "credit" of the Dencun upgrade. Because since the Dencun upgrade in March, Ethereum's sidechain has developed rapidly, and Layer2 transaction volume (that is, sidechain transactions) has increased by 20%!

We all know that Ethereum has a burning mechanism. The more people trade on the main chain, the more Ethereum will be burned. Sounds like a good thing, right?

But the fact is that after the Dencun upgrade, everyone ran to the sidechain to trade, so the burning speed of Ethereum will slow down, causing the inflation problem in the recent quarter to become more serious.

It's like the "burning" we were expecting was moved to another place, and the atmosphere on the main field was indeed cold, but the burning speed of the side chain tokens also slowed down, which led to one of the reasons for the inflation of the main chain tokens!

So, the question is: What do you think of this situation? Do you think the rise of side chains will have a long-term impact on Ethereum's inflation? Will the appearance of Ethereum ETF bring a new turn to the market?

👇💬 Hurry up and say your opinion in the comment area, let's talk about the future of Ethereum and the potential of ETFs!

#以太坊通胀 #以太坊ETF #加密货币趋势 #美国以太坊现货ETF开始交易

🚀 Bitcoin breaks through the $62,000 mark, what do analysts think?

After the Federal Reserve announced a 0.5% interest rate cut, the price of Bitcoin ushered in a long-awaited spring, soaring to a staged high since the end of August. In the past 24 hours, BTC has risen by more than 5%, breaking the $62,000 mark for the first time in more than three weeks!

🗣 Analyst's view:

Crypto analyst "Nebraskangooner" posted on social media X that this is a key breakthrough, and the next target resistance level is $63,500 to $64,000. Will Clemente, co-founder of Reflexivity Research, is targeting a "higher high" of $65,000, indicating a possible sharp upward trend.

However, analyst Willy Woo pointed out that a large amount of spot BTC is currently sold out, and if a short squeeze occurs, the market may change rapidly. Trader "Bluntz" also told his followers that the market is about to usher in a macro rally, and you have about 3 to 4 months to make as much money as possible.

🌐 The impact of interest rate cuts on the crypto market

Since the Fed's decision to cut interest rates, the total market value of the entire cryptocurrency market has increased by $100 billion and is currently stable at $2.24 trillion, the highest level since the end of August. Ethereum has regained the $2,400 level, and the altcoin market has also generally shown an upward trend, with SOL, AVAX, BCH and NEAR performing well.

The rise after the rate cut was largely expected, but it remains to be seen whether the cryptocurrency market can continue this momentum over the weekend. Economist Alex Krüger mentioned that the Fed's loose policy is also good for Bitcoin, but the market trend will be affected by more other factors, such as who wins the US presidential election.

💬 Do you think this wave of Bitcoin's rise can continue? In such a market environment, do you prefer to hold or trade? In addition to Bitcoin, which other cryptocurrencies do you like?

#比特币突破 #加密货币趋势 #美联储降息影响 #行情分析

What does it mean that Bitcoin's annualized realized volatility in August reached its highest level in more than a year?

In August, Bitcoin's volatility (the amplitude of price changes) reached its highest point in more than a year. You can think of volatility as the "heartbeat" of the market. If volatility is high, it means that the market is now quite nervous and the risk is high; if volatility is low, the market is relatively calm.

So, how do you calculate this volatility? Simply put, it is to look at the daily price changes of Bitcoin, and then calculate the average and standard deviation of these changes. The larger the standard deviation, the higher the volatility.

Since last year, Bitcoin's volatility has been like a rocket. In September 2023, weekly volatility was relatively low, but in November, it suddenly soared. (Figure 1 below) This is exactly when the price of Bitcoin rose from more than $20,000 to $60,000. However, when the price of Bitcoin stabilized, volatility also slowly dropped in early 2024.

If you look at Bitcoin’s historical data since 2015, you’ll see that this volatility is a key node for Bitcoin’s price trend reversal. It also shows how sensitive the market is to macroeconomic factors and dynamics within the cryptocurrency industry.

As Bitcoin matures, these volatility patterns may give us some clues about the market’s sentiment and may provide insights into the potential for Bitcoin’s future price movements.

So, what do you think of Bitcoin’s recent volatility? Do you think this increased volatility will continue the previous trend and usher in a crazy surge in Bitcoin prices? Leave your thoughts in the comments!

#波动率 #加密货币趋势 #市场分析 #比特币

🌪️ Bitcoin trend in September: Analysts predict two possible directions

⏳ Bitcoin's trend in September is at a super critical moment and could go in two very different directions. The decline in August makes Bitcoin look a bit weak, but don't forget, we have just entered September, who knows what will happen next?

🤔 Analyst Titan of Crypto shared his views on social media X. He said that there could be two scenarios for Bitcoin in September. In the first case, Bitcoin could suddenly rebound and surprise everyone. In the second case, Bitcoin could continue to fall and then come back strongly later this year.

📈 Bullish expanding triangle trend? The analyst also mentioned that since the March high of $73,737, Bitcoin's trend looks like a bullish expanding triangle, which is a graphic trend that usually indicates an increase. Although there may be fluctuations in the short term, in the long run, Bitcoin is still likely to rebound.

🚀 Scenario 1: Big rebound

In the first case, Bitcoin may usher in a big price increase in September, breaking through the resistance level that has been blocking it for many months. If successful, Bitcoin could soar all the way to prepare for a record high. Analysts predict that Bitcoin could reach $150,000 by the first quarter of 2025.

📉 Scenario 2: Continue to fall

The second scenario is more cautious. Bitcoin may continue to fall, even below $50,000. If this really happens, Bitcoin may retest the August low of $49,800. But analysts also say that even if it falls, it will only be temporary, and Bitcoin is expected to rebound in the fourth quarter of 2024, with a target of $100,000.

💭 Which scenario do you prefer for the possible trend of Bitcoin in September? Or do you have any unique insights? Leave your opinions in the comment area!

#比特币 #9月走势 #市场分析 #加密货币趋势

♠️NFT market is in turmoil again! Magic Eden's trading volume has skyrocketed, is the era of single-chain dominance over?

♣️Brothers and sisters, there is another big move in the NFT circle! Magic Eden's operation is simply the return of the king!

🃏 Look at this amazing data:
- Daily trading volume soared from US$1 million to US$60 million, a 60-fold increase!
- Total trading volume reached US$6 billion, accounting for 80% of all NFT revenue
- Occupying 80% of Bitcoin inscription and rune trading volume, the dominant position is unshakable!

♥️Why can Magic Eden have such an amazing growth?
1. The expected airdrop of ME tokens has stimulated market enthusiasm
2. The success of the multi-chain strategy is no longer limited to a single blockchain
3. The overall recovery of the NFT market has taken off Magic Eden

♦️But brothers and sisters, we must also look at it rationally:
1. Whether the surge can continue remains to be seen
2. Token airdrops may bring short-term fluctuations
3. The market competition is fierce, and other platforms are also catching up

🃏Matt Szenics, director of the ME Foundation, said it well: "The era of single-chain maximalism is over." This is a deep statement!

My point of view:
- Magic Eden's multi-chain strategy is indeed brilliant and adapted to market demand
- The NFT market may usher in a new round of prosperity, but we must also be wary of bubble risks
- For ordinary investors, we must see opportunities and control risks

♠️Brothers and sisters, what do you think of this wave of market conditions? Can Magic Eden continue to dominate? Come to the comment area to talk about your views!

#NFT市场 #MagicEden暴涨 #区块链多样性 #加密货币趋势 #比特币铭文 $RUNE $ORDI

📋 Tether Report: The Number of USDT Wallets Surges to 109 Million, Closely Following Bitcoin and Ethereum Users

Tether's latest report shows that as of the beginning of the fourth quarter, the number of USDT wallets has reached an astonishing 109 million, a figure that is quickly approaching Ethereum and surpassing Bitcoin wallets!

This surge demonstrates the strong appeal of stablecoins, especially for retail users engaged in small transactions. Among these, 18.7 million wallets have a balance of less than $1, and another 31.5 million wallets have a balance between $1 and $1,000. This truly indicates that USDT allows users with moderate economic capacity to experience the convenience of cryptocurrency.

Moreover, nearly 30% of small wallets are regularly reloaded, meaning that once people have disposable income, they return to using stablecoins. Tether's chief economist Philip Gradwell notes that this phenomenon highlights the significant appeal of USDT to those who may not have access to traditional banking services.

Not only are there numerous small users, but also over one million large wallet addresses hold more than $1,000, with most balances ranging from $1,000 to $10,000. Additionally, compared to other stablecoins, USDT's market share is nearly four times that of its competitor USDC, accounting for 97.5% of the total supply of stablecoins!

Behind all this is a change in user preference for stablecoins, especially after major events like FTX, as people are more inclined to control their own wallets. Even during market volatility, USDT maintains its global reliability and appeal.

What are your thoughts on the surge in USDT wallet numbers? Will the future of cryptocurrency belong to stablecoins? Let me know your thoughts in the comments!

#USDT #稳定币崛起 #加密货币趋势 #稳定币

💰 The average holding period for LTC is 2.6 years, second only to Bitcoin, surpassing Ethereum!

According to the latest data from IntoTheBlock, the average holding time for Litecoin has reached 2.6 years, which not only surpasses Ethereum but also makes it the second only to Bitcoin among all cryptocurrencies!

Speaking of Bitcoin, it holds the top position with an average holding time of 4.4 years, further solidifying its status as 'digital gold.' Despite market fluctuations, interest in Bitcoin is steadily growing among both institutional and retail investors.

Now, back to Litecoin (LTC), often referred to as 'the silver to Bitcoin.' This title is well-deserved, as the number of long-term holders of Litecoin demonstrates its appeal to investors. This indicates that despite the ever-changing market, Litecoin enthusiasts remain steadfast in holding their assets.

Interestingly, the average holding period for Ethereum, Dogecoin, and Shiba Inu is 2.4 years. This may suggest that these originally perceived more speculative 'meme coins' are gradually changing their image, with their holders beginning to value long-term potential.

Other cryptocurrencies, such as Chainlink (LINK) and Toncoin (TON), have an average holding period of 1.9 years, while Tron (TRX) and Cardano (ADA) stand at 1.2 years. This reflects the diversity of holding strategies and beliefs within different cryptocurrency communities.

As for stablecoins Tether (USDT) and Avalanche (AVAX), their holding periods are the shortest, at 8.9 months and 7.7 months respectively. This is not surprising, as USDT is primarily used as a trading pair and exchange medium rather than a long-term investment.

So, what do these data tell us? The cryptocurrency market is maturing, with investors increasingly leaning towards long-term holding rather than short-term trading. This could be a sign of growing market confidence or an affirmation of investors' belief in the future potential of cryptocurrencies.

📈 What are your thoughts on this data? Do you think the number of long-term holders for Litecoin will continue to grow? Or do you believe other cryptocurrencies will catch up?

#莱特币 #加密货币趋势 #长期持有者 #LTC #平均持仓时间

📈 Analysts encourage holders to be patient, Bitcoin may turn around in the next month or two!

Since March 2024, the price of Bitcoin has been up and down like a roller coaster, which has caused many investors to fluctuate. However, don't be discouraged, because history tells us that Bitcoin usually performs poorly in September, but there are often surprises in October and November!

Cryptocurrency analyst Rekt Capital shared an interesting set of data on his X account, showing that Bitcoin tends to fall in September, but often rises in October and November. Another expert Unipcs also pointed out that despite the sharp drop in Bitcoin prices in September, there may be a turnaround in the next few months.

Analyst Rob Inhoods also joined the discussion, and he found that Bitcoin has risen only a few times in September since 2012, but it often rises sharply in the following months. Crypto Rover also reminded us on his X account that September is the worst performing month for Bitcoin, while October and November are the best performing months.

Market intelligence platform Santiment has also joined the optimistic ranks, observing that Bitcoin’s price has recently rebounded despite a series of declines since the halving on April 20. On September 9, the price of Bitcoin reached a high of $57,600, up more than 4.8% in 24 hours.

While traders may still be hesitant, Santiment predicts that Bitcoin prices may surge further as fear, uncertainty, and doubt (FUD) in the market intensifies. Currently, according to TradingView, BTC is priced at $58,104, up more than 5% in value from Monday to Thursday this week.

💬 So, crypto investors, be patient and hold on! The market may soon usher in a turnaround, don’t let short-term fluctuations affect your long-term investment strategy. Remember, history is always strikingly similar, but each time is different. Let’s look forward to Bitcoin’s next upswing together!

#比特币 #投资者坚持 #市场分析 #加密货币趋势

🚀 FTX redeems $23 million worth of SOL, will the market be affected by a potential sell-off?

Recently, a wallet associated with FTX and Alameda Research unlocked 177,693 SOL tokens from the Solana network, worth about $23.75 million. The news caused quite a stir in the crypto community, and everyone is speculating whether this will lead to a large amount of SOL being sold.

According to PeckShield's observation, the wallet currently holds 7.057 million SOL, worth about $954 million. This move is similar to the operations in November and December last year, when a large amount of SOL was unstaked and transferred to Coinbase.

Although market participants usually transfer tokens to centralized exchanges for liquidation after unstacking, some analysts believe that this unlocking is unlikely to have a significant impact on the price of SOL. After all, the unlocked amount is only a small part relative to the total holdings of the wallet, accounting for only 1.5% of the circulating supply.

Moreover, it is expected that any future sales by FTX may be conducted through over-the-counter transactions, which can reduce the impact on the market.

Meanwhile, FTX and its executives continue to face legal scrutiny. Former Alameda CEO Caroline Ellison has pleaded guilty to all charges, and her sentencing will take place on September 24.

Despite these uncertainties, SOL is currently trading at around $135, which is relatively modest. But in March of this year, SOL's price reached its peak of $210 this year. $SOL
💬 Do you think this unlock by FTX will have an impact on the price of SOL? Are you optimistic about the future of SOL and its price trend? Leave your views in the comments section!

#FTX #SOL #Solana #市场动态 #加密货币趋势

🐋 Bitcoin whales continue to increase their holdings, and market confidence recovered at the end of September? 🌊

The wallets of Bitcoin whales (large holders with at least 1,000 BTC) have maintained positive net inflows every week for nearly four months. This may mean that they bought more BTC than they sold, and it also shows that these large holders are quite optimistic about the future of Bitcoin.

According to data from IntoTheBlock, the weekly net inflow of whales in June reached a staggering 27K BTC, worth about $1.7 billion. Although this number declined in July and August, it remained stable at 9K BTC in September. The last time these large holders' wallets had negative net flows was in May.

The long-term holding and increase of Bitcoin by whales is often seen as a reflection of the future market value and confidence in this leading crypto asset. However, compared with the beginning of the year, the pace of their increase has slowed down relatively, which may also be seen by some analysts as a potential bearish signal.

IntoTheBlock also pointed out that although the speed of whales' hoarding has slowed down, their BTC reserves seem to have stabilized recently. Currently, long-term holders hold 12.6 million BTC, worth $793.8 billion.

Meanwhile, the number of Bitcoin wallets holding at least 100 BTC hit a 17-month high earlier this month, indicating that big players are increasingly interested in Bitcoin. At press time, Bitcoin is trading at $63,376, up 9% over the past week. $BTC

🤔 Viewpoint:

As Bitcoin whales continue to increase their holdings, the market has shown signs of recovery, which not only boosts investor confidence but also shows a firm belief in the long-term value of cryptocurrencies. However, it is worth noting that market volatility remains, especially in the case of large capital inflows, there may be a risk of airdrop squeezes.

Therefore, investors should remain vigilant, keep an eye on market dynamics, and take appropriate risk management measures to ensure that they can enjoy potential gains while guarding against possible market fluctuations. In short, in the world of cryptocurrency, cautious optimism is always a wise choice.

💬 How do you interpret Bitcoin whales' accumulation behavior? What is your strategy in the face of a possible airdrop squeeze?

#比特币鲸鱼 #市场信心 #加密货币趋势

📉 Bitcoin's September curse, will October and November usher in a turnaround? ⚠️

Did you know? September is usually not a good month for Bitcoin. Bitwise's report pointed out that Bitcoin's performance is a bit sluggish at this time almost every year. But don't worry, October and November usually usher in good times!

🔍 Why is September so difficult? There are three reasons: first, risk assets overall perform poorly; second, SEC enforcement actions seem to be more frequent at this time; finally, the market may be self-fulfilling due to bad expectations, forming a negative cycle.

📈 The good news is that once you get through September, Bitcoin's historical performance is very impressive. According to Coinglass data, the average returns in October and November were as high as 22.9% and 46.81%, respectively, and they are called "Rising October" and "Super November".

🤔 Despite this, there are still many uncertainties in the future, such as the results of the US election and the Fed's decision to cut interest rates, which may affect the trend of Bitcoin.

💭 What do you think? Do you think Bitcoin can break the September curse? Share your thoughts in the comments section, and let's see if Bitcoin can bring surprises in October and November!

#比特币 #九月魔咒 #上涨十月 #超级十一月 #加密货币趋势

💸 Bitcoin spot ETF has achieved net inflows for five consecutive days, and the inflow of Ethereum spot ETF is nearly twice that of yesterday!

According to the latest data from Sosovalue, the US Bitcoin spot ETF market continues to be hot, with a total net inflow of US$470 million yesterday, and has achieved net inflows for the fifth consecutive day.

Among them, BlackRock's ETF IBIT led with a single-day net inflow of US$309 million, with a cumulative net inflow of US$22.77 billion; and ARK 21Shares' ETF ARKB followed closely with a single-day net inflow of more than US$100 million, with a cumulative net inflow of US$2.75 billion; ranked third was Grayscale's GBTC, with a single-day net inflow of US$45.7 million and a cumulative net inflow of US$20.1 billion.

As of now, the total net asset value of Bitcoin spot ETF is US$64.06 billion, and its ETF net asset ratio has reached 4.84%, and the historical cumulative net inflow has increased to US$20.66 billion.

At the same time, Ethereum spot ETF also performed well, with a total net inflow of $48.41 million yesterday, nearly twice the net inflow of yesterday.

Among them, Fidelity's ETF FETH led with a single-day net inflow of $31.12 million, with a cumulative net inflow of $498 million; and BlackRock's ETF ETHA followed closely with a net outflow of $23.56 million, with a cumulative net inflow of $1.26 billion. It is worth noting that Grayscale's ETF ETHE alone had a total net outflow of $15.74 million yesterday, with a cumulative net outflow of $3.01 billion.

At present, the total net asset value of Ethereum spot ETF is $7.18 billion, the ETF net asset ratio is 2.3%, and the historical cumulative net outflow is nearly $482 million.

🗣️ Conclusion:

With the net inflow of funds in Bitcoin spot ETF for five consecutive days and the significant increase in the inflow of Ethereum spot ETF, the market has shown strong interest and confidence in cryptocurrency ETFs.

At the same time, these data not only reflect investors' enthusiasm for the cryptocurrency market, but also reflect that its related ETF products are attracting more and more capital inflows, which may indicate that the cryptocurrency market is consolidating its position in the traditional financial world.

💬 What do you think of this continuous inflow of funds? Do you think this trend will continue? Or will the cryptocurrency market suddenly have a big pullback like the previous fluctuations?

#比特币ETF #以太坊ETF #加密货币趋势