🚨Zhao Changpeng: A Giant in the Crypto World, Holding 633,000 Bitcoins!
The Bitcoin market has been shaken again! Zhao Changpeng, a prominent figure in the crypto world, holds 633,000 Bitcoins, which is no small number!
The U.S. government's national debt has reached $36 trillion, while the total supply of Bitcoin is only 21 million. Assuming each Bitcoin is currently valued at $100,000, the total value would reach an astonishing $2.1 trillion. Either the price of Bitcoin skyrockets to $1 million, or the market generates more Bitcoins out of thin air to meet demand, without needing to use a single piece of paper.
However, unlike traditional currencies, once all Bitcoins are held, their value could potentially drop to zero. According to the Federal Reserve, Bitcoin is considered "virtual gold," but its value cannot be directly compared to gold. If all 21 million Bitcoins were sold off, the price could drop below $100, and the market might face severe turmoil.
At the same time, I recently plan to take a position in a potential coin that could explode, doubling is quite simple, with an expected upside of 10 times or more.
If you're interested, please like and comment.
Finally, the above content is a sharing of personal trading experience, aimed at providing information for reference, and does not constitute any investment advice or operational guidance.