๐ข MARKET RECAP: AUG 5 โ WHOโS BUYING? ๐ง ๐
Despite weekend liquidations, whales arenโt backing down. Here's whatโs really happening beneath the surface ๐
๐น Bitcoin:
MicroStrategy added 21,021 BTC ($2.46B)
In total, 16 public firms bought 31,478 BTC ($3.61B)
๐น Ethereum:
Whales & institutions scooped 856,554 ETH ($3.16B) since July 9
Latest buys include 63,837 ETH via FalconX & Galaxy Digital
๐ DEX activity dropped, butโฆ
๐ต $1.99B in stablecoins still flowed into crypto
โ SEC gives green light to treat certain stablecoins as cash equivalents โ huge for corporate adoption
๐ฅ TLDR:
Big money is loading BTC & ETH.
Meme coins are mooning.
Stablecoins just got regulatory clarity.
๐ What are you stacking today? ๐
#Bitcoin #Ethereum #MemeCoins #CryptoNews #BinanceSquare #CryptoAccumulation