🐋 Whales Lock in Profits
Analyst Willy Woo wrote that "big whales" with more than
10,000 BTC "has been on sale since 2017," answering the question of who is selling cryptocurrency when "institutions and governments are rushing to buy up billions of BTC."
"Most of these coins were purchased for between $0 and $700 and were stored for between 8 and 16 years," he explained.
📊 The chart shows that the supply held by whales with balances between 10,000 and 100,000 BTC has been steadily declining over the past eight years.
📉 During this period, the number of bitcoins has decreased by about 40% from 2.7 million to about 1.6 million BTC. Now the percentage of BTC holders in the plus is very high, due to which profit fixation can be observed.
❗️ Yesterday, rumors emerged about the launch of a new wallet for storing TRUMP, however, Eric Trump denies the information that this is an official product of the company. He wrote:
This project is not authorized. I would be extremely careful using our name on a project that has not been approved and is unknown to anyone in our organization.
😨 President Trump's Truth Social Files for Spot Bitcoin ETF
🔹 On June 3, the BlackRock spot ETF bought 29,580 ETH worth $77.1 million. It now holds over $4 billion worth of ETH. Inflows into the Bitcoin ETF have also resumed, reaching $375 million yesterday.
#TrumpTariffs #TRUMP #SaylorBTCPurchase #MyCOSTrade #trumpcoin
