What do you think the price of bitcoin will be on the weeken | Laraxen en Binance Square

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¿Cuál crees que será el precio de bitcoin el fin de semana? $BTC #Bitcoin   

52.000-54.000

37%

55.000-58.000

23%

59.000-64.000

23%

65.000-70.000

17%

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Ethereum ICO whale continues major sales The investor, who joined the Ethereum ICO in 2015 and obtained thousands of ETH at the time, continues to sell. The investor, who sent 5000 ETH worth $13 million at night, to the OKX exchange still has more than 15 thousand tokens. While it is wondered whether the decline in cryptocurrencies is over, it is seen that some of them have seriously returned in cash despite the intense purchases made by some whales. One of these selling whales draws attention with its participation in the Ethereum ICO in 2015. Sent 48 thousand ETH According to the information shared by on-chain tracking platform Lookonchain, this whale has sent 48,500 ETH worth approximately $154 million in the last month to the OKX exchange. The whale transferred 5000 ETH (about $13 million) to OKX again tonight. The whale still holds 15,600 of the ETH it received at $0.31. The number of ETH burned is also falling It is not overlooked that transfers were made in a period when the prices were reduced and the number of Ether burned daily reached the lowest level in the last 1 year. Gas fees ranging from 1-2 gwei also reduced the number of Ether burned, while only 210 ETH left the system on Saturday. However, the number of ETH produced was 2000 units. On August 5, when there were great declines in the cryptocurrency world, 5000 ETH per day were burned with the increase in volatility in Ether, and gas fees increased to 100 gwei. The chart below shows the transfers and times made by the relevant whale to the stock market: $ETH #EthereumPower

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This time Ether surpassed Bitcoin: Investors took it from the bottom While Bitcoin advantage is generally seen in investments in crypto funds, it is seen that there is almost an attack on Ether in last week's figures. While the funds were invested in a net of $176 million, Bitcoin funds received 13, Ether funds and $155 million. Europe's largest digital asset management company CoinShares has published its weekly crypto fund report. Bitcoin funds, which investors often prefer by far, are this time behind Ether funds. As net $176 million entered the funds, analysts said in the report, “Investors saw price drops as a major buying opportunity.” Ether funds were the fund group that received the most investments with a net of 155 million dollars, while for Bitcoin funds, this figure was only $13 million. The biggest breakout in Short Bitcoin since May 2023 Price drops were also reflected in the “short Bitcoin” funds in the exit direction, not the input. While the funds increased $16.2 million, this figure also corresponded to more than 20% of the total asset value. Solana received the most investment in Altcoin funds with $4.5 million. With $700 thousand, the funds of XRP, whose lawsuit resulted in and a 125 million dollar penalty was seen as positive by the market, were also in second place. Cardano funds received an investment of 600 thousand dollars and LTC funds received an investment of 100 thousand dollars. BlackRock is at the top in every way The BlackRock effect was also clearly seen in the most invested funds of the week. The most invested fund was BlackRock's iShares Bitcoin fund ($219 million), while the iShares Ethereum fund ($1888 million) was in second place. $395 million came out of the Grayscale Bitcoin fund. $ETH #BlackRockETHOptions #BlackRock⁩

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NEW: Tether to battle bankrupt crypto lender Celsius in court over 57,428.64 #Bitcoin (💵 $3.3B) claim. #CryptoMarketMoves

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If you belong to the 99%, stay humble, stack sats, and #HODL as much as possible. Let the whales sell their #Bitcoin to newcomers. Until hyperbitcoinization comes, only exchange your BTC for goods or services if the seller offers a discount for Bitcoin payments. Be demanding. 🚀$BTC

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