📉 Mt. Gox's Bitcoin wallet has been greatly reduced, and its current holdings have dropped by 77%!

👀 According to the latest monitoring data from Arkham, the Mt. Gox wallet that once shocked the cryptocurrency world has significantly reduced its Bitcoin holdings! From 141,690 Bitcoins at the beginning of 2021, there are only 32,899 Bitcoins now, which is a major positive signal.

📈 Looking back at March 2024, the market value of these Bitcoins once reached a staggering $10.12 billion! However, as repayments to creditors are gradually made, the Mt. Gox wallet now holds 32,900 Bitcoins, worth approximately $2.11 billion.

🤔 This shows that Mt. Gox's holdings have decreased by about 77% since the beginning of 2021. This change is not only a numerical reduction, but also reflects the significant progress Mt. Gox has made in dealing with its financial and debt issues. Before that, every move of this exchange, which was once notorious for theft, affected the market.

🔍 At present, Mt. Gox's Bitcoin wallet only has about 23% of its holdings, which may indicate that the market has gradually digested the potential selling pressure. At the same time, this significant reduction in holdings seems to have brought a positive signal to the Bitcoin market that the negatives have been exhausted.
🎉 At the same time, the speech of Federal Reserve Chairman Powell at the Jackson Hole Annual Meeting yesterday injected strong confidence into the market. It also made Bitcoin rise in anticipation of interest rate cuts. As of now, Bitcoin has risen by more than 5%. $BTC
👇 Do you think the reduction of Mt. Gox's holdings and Powell's speech mark the official start of this round of crazy bull market? What other external factors should we retail investors focus on? Leave your opinions in the comment area!
#MtGox钱包动态 #比特币持仓 #市场动态 #加密货币观察

At the beginning of 2017, I secretly used my private money to speculate in cryptocurrencies and bought 100 bitcoins. A few months later, the price soared, and I felt that I was not far from achieving my small goal. However, my wife was furious when she found out, and we even had a big fight 🤯. At this time, I finally realized that if Bitcoin could free me from the trouble of washing dishes, then all this might be worth it 🧼🚫.

Speaking of Bitcoin, we can't help but mention Zhao Changpeng, his story is inspiring. He used to work next to the toilet just to make Binance legal. Despite many obstacles, his tenacity and faith helped Binance rise rapidly 🚀. And those who stick to their original intentions and use faith as a driving force can often overcome difficulties in an uncertain environment.

The current price of Bitcoin is the focus of the market. I just bought a full position again and am optimistic about its subsequent performance 📈. The target price is still high and needs further verification, but as long as you persist, the rewards will always be waiting for you ahead! $BTC $ETH #加密货币观察 #投资心得 #以太坊Layer2总锁仓量上涨 #APE暴涨 #BTC要挑战7W大关了吗？

As I drive my truck across vast stretches of highway, I always keep an eye on the crypto market. Today, XRP's performance caught my attention. Although XRP has risen 5% in the past 24 hours to $2.42, it has not yet broken through its all-time high of $3.84. The market has encountered strong resistance around $3, especially around the 1618 Fibonacci extension level. In the short term, XRP may hover around this level, and $2 will be its solid support point.

From the XRP/BTC chart, XRP has hit a key resistance level compared to Bitcoin. If the market continues to prosper, XRP is expected to achieve a breakthrough against Bitcoin in the future.

I have bought XRP, BTC, and ETH in full positions, and expect their prices to reach $3.5, $120,000, and $4,500, respectively, in the coming weeks. On the road to investment, keep rational analysis and seize every opportunity.

#加密货币观察 #市场动态

$XRP $BTC $ETH

Remember to like, follow and forward! #Cardano基金会推特被盗 #APT、ADA、ENA大额解锁 #SUSHI价格飙升