Odaily Planet Daily latest news! Eric Balchunas, senior ETF analyst at Bloomberg, said on the X platform that the total Bitcoin holdings of the US spot Bitcoin ETF are expected to reach 1 million next Wednesday and exceed Satoshi Nakamoto's holdings in mid-December 📈. Currently, it increases by about 17,000 BTC per week.
Although the violent sell-off has been delayed, it is still inevitable. On the other hand, if the price of Bitcoin continues to rise, coupled with Trump's victory, the market may have FOMO (fear of missing out) emotions, pushing everything to happen faster 🚀.
Overall, the outlook for Bitcoin is optimistic, but the market still needs to be cautious.