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Due to purchases by publicly traded companies, the Bitcoin supply on exchanges is declining—this trend is expected to accelerate in the near future. Here are some current trends unfolding:
Exchanges hold 2.6 million Bitcoins, the lowest level since November 2018.
Since November 2024, over 425,000 Bitcoins have been transferred out of exchanges.
After the U.S. elections, publicly traded companies have increased their holdings by nearly 350,000 Bitcoins.
From 2025 to now, publicly traded companies have been purchasing over 30,000 Bitcoins each month.
Due to purchases by publicly traded companies, the Bitcoin supply on exchanges is declining—this trend is expected to accelerate in the near future. Here are some current trends unfolding:
Exchanges hold 2.6 million Bitcoins, the lowest level since November 2018.
Since November 2024, over 425,000 Bitcoins have been transferred out of exchanges.
After the U.S. elections, publicly traded companies have increased their holdings by nearly 350,000 Bitcoins.
From 2025 to now, publicly traded companies have been purchasing over 30,000 Bitcoins each month.
See my returns and portfolio breakdown. $BNB it's all about hard times and keep holding. hope so it's change to green soon as previous two month it's going down day by day
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Real World Assets meets Liquid Staking - @ethena_labs $ENA - $USDE
#Ethena Labs Spotlights - $1.4B Total Value Locked - Users: 104K - $sUSDe APY 35.2% - Total Raised: $20.5M - Led by @BinanceLabs @dragonfly_xyz @BlockTower @Delphi_Digital @lightspeedvp @GSR_io @wintermute_t @okx @mirana - Partners: @MakerDAO @MorphoLabs @0xMantle @CeffuGlobal @ZircuitL2 @WhalesMarket @injective @MantaNetwork @redstone_defi @pendle_fi
#ENALAUNCHPOOL #ETHENALAUNCHPOOL
1/ Ethena Overview
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure. It is alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'. 🔹Permissionless Acquire USDe 🔹Direct Mint USDe 🔹Direct Redeem USDe 🔹Stake & Unstake USDe
2/ $ENA Price Prediction - Total Supply: $15B - Initial Supply: 1.425B OTC Price on @WhalesMarket and @Bybit_Official Pre-market is 0.67$ - 0.7$ at $1 Billion Market Cap $ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 1$ with a market cap of around $1B - $1.5B
3/ Ethena @binance Launchpool Supported Pools: 🔹Stake BNB (webpage will be available in around 5 hours): 240,000,000 ENA in rewards (80%) 🔹Stake FDUSD (webpage will be available in around 5 hours): 60,000,000 ENA in rewards (20%) ⏰Farming Start: 2024-03-30 00:00 UTC
Join Ethena Binance Launchpool now
4/ Ethena Core Contributors Deep experience across traditional finance and crypto-engineering including
- @CryptoHayes - Founding @BitMEX - Ex-Cerberus - CEO of @ethena_labs Guy Yuong - Heads Engineering of @wintermute_t - Co-Heads of Quant - @GoldmanSachs @FlowTraders - Head of Growth @LidoFinance @GoldmanSachs - Head of Product - @tradeparadigm @DeribitExchange
5/ To read more of Ethena, Please visit https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9
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Real World Assets meets Liquid Staking - @ethena_labs $ENA - $USDE
#Ethena Labs Spotlights - $1.4B Total Value Locked - Users: 104K - $sUSDe APY 35.2% - Total Raised: $20.5M - Led by @BinanceLabs @dragonfly_xyz @BlockTower @Delphi_Digital @lightspeedvp @GSR_io @wintermute_t @okx @mirana - Partners: @MakerDAO @MorphoLabs @0xMantle @CeffuGlobal @ZircuitL2 @WhalesMarket @injective @MantaNetwork @redstone_defi @pendle_fi
#ENALAUNCHPOOL #ETHENALAUNCHPOOL
1/ Ethena Overview
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure. It is alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'. 🔹Permissionless Acquire USDe 🔹Direct Mint USDe 🔹Direct Redeem USDe 🔹Stake & Unstake USDe
2/ $ENA Price Prediction - Total Supply: $15B - Initial Supply: 1.425B OTC Price on @WhalesMarket and @Bybit_Official Pre-market is 0.67$ - 0.7$ at $1 Billion Market Cap $ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 1$ with a market cap of around $1B - $1.5B
3/ Ethena @binance Launchpool Supported Pools: 🔹Stake BNB (webpage will be available in around 5 hours): 240,000,000 ENA in rewards (80%) 🔹Stake FDUSD (webpage will be available in around 5 hours): 60,000,000 ENA in rewards (20%) ⏰Farming Start: 2024-03-30 00:00 UTC
Join Ethena Binance Launchpool now
4/ Ethena Core Contributors Deep experience across traditional finance and crypto-engineering including
- @CryptoHayes - Founding @BitMEX - Ex-Cerberus - CEO of @ethena_labs Guy Yuong - Heads Engineering of @wintermute_t - Co-Heads of Quant - @GoldmanSachs @FlowTraders - Head of Growth @LidoFinance @GoldmanSachs - Head of Product - @tradeparadigm @DeribitExchange
5/ To read more of Ethena, Please visit https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9
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Liquid Staking will be one of the biggest trends in #DeFi 2024 - 2025. @ether_fi is leading this narrative with:
- 74,000 Users - $3B Total Value Locked - @binance Launchpool - $32M+ Fundraising from @Consensys @okx @Arrington_Cap @ambergroup_io - Top Partner Ecosystem @eigenlayer @pendle_fi @mavprotocol @Balancer
Here is a presentation of this launchpool and the @ether_fi project 🧵 #ETHFiLAUNCHPOOL
1/ #EtherFi! is aiming to bolster Ethereum's decentralization by simplifying non-custodial staking. @ether_fi Principles: 🔹Decentralization is a primary objective 🔹The ether.fi protocol is a real business with a sustainable revenue model. 🔹Do the right thing for the Ethereum community, always
2/ $ETHFI Price Prediction Comparing with @lidofinance - a Liquid Staking platform, → $ETHFI Initial Circulating Supply is 11.52% → Total supply is 1 Billion
$ETHFI price may be 3$ - 5$ at TGE on Binance with Market Cap around $360M - $600M
3/ #ETHERFI #Binance Launchpool All Users Can Now Secure $ETHFI with @Binance Launchpool by Stake your $BNB and $FDUSD, Binance Launchpool Allocation: 20,000,000 (2% of total supply)
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4/ How re-staking provides superior rewards With #etherfi, your ETH can be staked and then re-staked to earn you the best rewards
→ Stake ETH: Stake any amount of your ETH → Receive eETH: Receive eETH that will earn staking rewards → Natively re-staked: eETH is natively re-staked for additional rewards. → Maximize Rewards: Use your eETH in DeFi to maximize returns
5/ Partners & More By collaborating with Top Dapps on #DeFi Space such as @eigenlayer @pendle_fi @mavprotocol @Balancer , #ETHFI staking protocol gains access to a powerful restaking collective embedded in the Ethereum network. This includes consensus protocols, data availability layers, virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments. To read more of EtherFi, Visit https://www.binance.com/vi/research/projects/etherfi
Ether.fi - The First LRT Protocol on Binance Launchpool
#ETHFiLAUNCHPOOL Still curious about the potential of ether.fi? Read this post and don’t miss your chance to invest in one of the biggest stories of this year! What is ether.fi ? Ether.fi is a decentralized, native liquid restaking protocol that is leading the narrative so far with $3.2B in TVL The protocol allows users to stake ETH and receive a native liquid restaking token called eETH. Investors then can utilize eETH to continue to increase capital by providing liquidity into Ether.fi pools and receive rewards such as APR, APR restaking, Ether.fi and EigenLayer reward points.
From our perspective, Etherfi stands out as one of the most potential protocols leading crypto market for these reasons: Its products cater to a diverse range of customers, including both stakers and node operators, which promotes high adoption, and of course attracts a lot of capital inflow.Cooperate with plenty of top protocols in the industry including Pendle Finance, Curve, Balancer,... which enhance not only $ETH and $eETH utility but also $ETHFI token in the upcoming time.The Etherfi protocol utilizes DVT technology to distribute pieces of the key to each staker, akin to a multisig wallet for running nodes. This reduces the hardware capital requirement, mitigates the risk of hackers controlling a single validator, and enhances decentralization and security. With being the 49th project on Binance Launchpool, Ether.fi will be the pioneer and kickstart the LRT wave in the upcoming time. Launchpool & Price Prediction Launchpool Information: Farming time: 4 days, from 07:00 AM March 14, 2024 Maximum Token Supply: 1,000,000,000 ETHFILaunchpool Token Rewards: 20,000,000 ETHFI, 2% of the maximum token supply.Initial Circulating Supply: 115,200,000 ETHFI, 11.52% of the max token supply.Pools Supported: $BNB: 16,000,000 ETHFI in rewards (80%) $FUSD: 4,000,000 ETHFI in rewards (20%)Price Prediction:Compared with Lido Finance $LDO - a Liquid Staking Platform as well as based on the initial circulating supply and fundraising efforts of Etherfi, it's expected to follow a similar pattern to Altlayer (Binance Launchpool 45). Therefore, the initial market cap of $ETHFI could be approximately $300M - $500M , with a price varied from 2.6$ to 4.5$.
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Our View Considering the potential of its products, fundraising activities, and the compelling narrative surrounding restaking, We believe the value of $ETHFI could potentially surpass billions in market capitalization. However, initially, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying. → In our view, setting buy orders within the range of $1.8 to $2.7 (based on my price prediction) seems reasonable. Analyzing the tokenomics, we anticipate that $ETHFI may experience slight pumps and sideways movement until January 2025, when the unlocking of tokens by investors and the team is expected to commence. → Consequently, we predict a significant pump in November or December 2024, aiming to attract more capital inflow before unlocking a token for the team and investors.
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