🕵️ $60 billion in Bitcoin? Unveiling the rumors of Venezuela's 'shadow reserves'
In recent days, the hottest topic in the community has been the rumor that Venezuela may hold up to 600,000 BTC (approximately $60 billion). Although there is currently no on-chain evidence, as an investor, you need to understand the logic behind this matter.
💡 Why is this rumor important?
• Source of the rumor: According to the Whale Hunting report, Venezuela may have secretly accumulated a large amount of Bitcoin since 2018 through oil and gold exports to evade sanctions.
• Market impact: If true, Venezuela's holdings would surpass MicroStrategy and BlackRock. The market is concerned: will these coins be locked up long-term, or will they flood the market like when the German government sold coins?
• Lesson time: The movements of such 'national-level whales' are often a double-edged sword. Until a transfer is confirmed, it is a positive for 'long-term holding'; once there are signs of transfer, it could lead to significant selling pressure. Learn to pay attention to on-chain data tools like Arkham, and don't let emotions take control.
