Over the past 24 hours, approximately $418.14 million in contracts have been liquidated in the #Bitcoin market, with longs accounting for $335.06 million and shorts for $83.07 million. Bitcoin has surged by 150% in 2024, and the bullish momentum is expected to continue into 2025, leading many to reflect on the missed opportunities of 2024. BlackRock's Bitcoin ETF has gained notable traction, doubling the assets under management (AUM) of its Gold ETF, which took 20 years to reach $33 billion, in under a year. Notable whale transactions include a significant transfer of 300 billion PEPE tokens, valued at $6.77 million, on Kraken, with the whale holding a remaining 263.3 billion tokens ($5.82 million). Additionally, a whale contributed 1.49 million UNI tokens ($24.39 million) on Binance, having previously withdrawn 1.62 million UNI tokens at an average cost of $7.15, yielding a profit of $13.4 million. Another whale wallet withdrew 5.29 million ENA tokens from Binance at an average price of $1.12, totaling $5.92 million. Finally, Galaxy Digital Wallet withdrew 25,000 BANANA tokens from Binance. These moves underscore the ongoing market activity and shifting dynamics among large holders.
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