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MARKETS: Short-term
Bitcoin
holders are sitting in a real pain zone, with many trading below their cost basis, per CryptoQuant.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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UPDATE: The '1011 Insider Whale' has now accumulated 250k $SOL worth $34.44M, total portfolio size sits around $616M, per analyst Ai Yi.
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Donald Trump Jr. has increased his wealth from about $50 million to $300 million in the last year. Most of this increase is reported to have come from cryptocurrency investments.
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Tom Lee said that ETH, bought for $ 3,000, is extremely cheap. Lee said in a statement; 🔸 The decline in the market is not caused by the “4-year cycle”, but by the unraveling of leverage, 🔸 Ethereum has seen bottoming levels and they bought almost 100,000 ETH last week, 🔸 Bitcoin could reach $250,000 in a few months, 🔸 He claimed that if the ETH/BTC ratio returns to its average, Ethereum could go to the $12,000–22,000 range.
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An investor has invested another $110 million in Hyperliquid to open a long position in BTC and SOL. Position sizes: 🔸$490 million $ETH 5x long 🔸$92 million $BTC 5x long 🔸$30 million $LEFT 20x long The whale's unrealized profit is now close to $12 million.
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TODAY: A solo miner has successfully mined Bitcoin block 927474, earning a 3.133 $BTC reward worth ~$284K.
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