$BTC $ZEC $FIL
The cryptocurrency world is experiencing extreme highs and lows! BTC plunges 30% due to massive whale sell-offs, while an unnamed L2 project unexpectedly attracts $28 million?
On one side, Bitcoin has plummeted nearly 30% from its historical high of $126,000, teetering on the brink of $90,000; on the other side, an unnamed Layer 2 project is defying the trend and attracting investment, being snatched up wildly despite not being listed on exchanges and lacking institutional endorsement—today's crypto market is crazier than one can imagine!
The latest data cannot hide the truth: in the past 30 days, long-term Bitcoin holders have sold off 815,000 BTC, marking the largest sell-off wave since January 2024, with single-day ETF redemptions nearing $1 billion. Meanwhile, the cryptocurrency liquidation market is bleeding profusely, with a total of $8.25 billion liquidated in the past 30 days, nearly 400,000 people liquidated in groups, and many leveraged players have returned to square one overnight. Even more astonishingly, an L2 project named Bitcoin Hyper has broken through against the odds, with its presale amount directly exceeding $28 million, and a single largest whale purchase surpassing $500,000, relying on the concept of 'embedding Solana speed within the Bitcoin ecosystem' to carve out a niche in this bear market.
On one side, the myth of value storage is fading, while on the other, the infrastructure sector is being frantically grabbed. Do you think Bitcoin can regain upward momentum through L2? Is this new $28 million project a real opportunity or just a new trap? Come to the comment section to share your thoughts! #美国非农数据超预期