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Malik Fahad Khan
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#ETHBreakout3.5k back again
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#TrumpTariffs Again
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#NFPWatch Again
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#SpotVSFuturesStrategy Spot accounts are typically easier to manage and less risky, making them ideal for beginners or those with a conservative investment strategy. Conversely, futures accounts offer the potential for higher returns due to leverage but also come with increased risk and complexity.
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#BTCWhaleMovement When a large whale moves in the sea, it creates ripples across the water. Similarly, when a large bitcoin BTC $108,186.21 holder, often referred to as a crypto whale, moves its coins on-chain, that creates buzz on social media, prompting observers to wonder if it's a prelude to a sale and downside price volatility. Early Friday, two wallets, labelled "12tLs...xj2me" and "1KbrS...AWJYm," moved 20,000 BTC, worth over $2 billion, to new addresses. These flows were first noted by blockchain sleuth Whale Alert, and later by Lookonchain. The addresses received these coins on April 3, 2011, when bitcoin was priced at around 78 cents. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Enter your Email By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy. Today, BTC is over $109,000, implying a staggering 140,000-fold return for the two whale addresses, which means that they have a strong incentive to liquidate their holdings. Many long-term holders have been selling their coins ever since BTC crossed above $100,000 in May. That said, the latest transfers were made to non-exchange addresses, which have gone silent since receiving these coins. So, it's too early to conclude that the transfer operation is aimed at taking profits
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