#BTCNextMove #🐋Whales Buy Bitcoin's Drop

While many crypto investors are panicking about BTC's 7% drop and below $100K, the big players are buying the dip. Since December 18, mining company Mara has bought $1.53 billion worth of BTC, BlackRock has bought $359 million, and Hut8 has bought $100 million worth. Meanwhile, Saylor is preparing another $3 billion, and Metaplanet will issue bonds worth 5 billion yen to buy more BTC. And just yesterday, ETFs recorded an outflow of only $671 million in 2 weeks.

🏠Yesterday, the SEC approved the Hashdex Nasdaq Bitcoin & Ethereum ETF and the Franklin Cboe Crypto Index ETF "on an accelerated basis." This index contains BTC and ETH as its underlying assets.

🔽$1.08 billion was liquidated in the market in the last 24 hours, most of which was from BTC longs as its price fell to $96,000.

🗣President-elect Trump said that “the United States will cut spending by hundreds of billions of dollars next year.” Trump also wants to lift the US debt ceiling.