Hey, you! What do you think Eric Trump and a trader who lost $15 million have in common? 🤔💰
Well, let me tell you: while many were on edge, selling their Bitcoins and Ethereums, Eric Trump threw them a dart on Twitter, warning them to prepare to lose if they keep betting against these cryptos. And boom!, the numbers proved him right. A trader, wanting to be the smartest, bet against Ethereum and when the coin skyrocketed above $4,200, he lost over 15 million dollars! 🤯 Those 'bears' who thought this was going to crash ended up with empty pockets, and in just one day, over $120 million in short positions of Ethereum were liquidated. In other words, those who got involved with ETH ended up losing big time!
But why are people buying Ethereum as if there were no tomorrow? 🚀 Well, it turns out that it's not just small investors. Big companies are getting involved and buying ETH as if it were candy. They are already accumulating over $11.7 billion in Ethereum, and one of them, BitMine Immersion Technologies, wants nothing less than 5% of all the ETH that exists. Imagine the level of ambition. This is not just a whim; it’s a strategy by companies that see a secure future in Ethereum and even advantages in terms of regulations.
This is proving that Ethereum is not only rising but also stealing the spotlight from Bitcoin. In just one day, ETH grew by 8%, while BTC barely rose by 1.19%. And the new ETH investment funds, like BlackRock's ETF, are attracting an impressive amount of money, almost a billion dollars in 24 hours. 🤑 As if that weren't enough, the 'megawhales' (those investors with fortunes) are adding millions of ETH to their wallets, and to top it off, a large part of the ETH that exists is already 'locked' in staking or in these new funds, which means there are fewer coins available to buy.
So, with more and more money coming in, and fewer coins available, do you think this is just the beginning of a much larger movement for Ethereum? 🤔 Will this cryptocurrency giant be ready to dethrone Bitcoin? 👑$BTC $ETH
