Last time, he suggested buying ETH when the asset was trading around $2900. Since then, Ethereum's price has not been able to exceed $2900 and is currently trading at $2400.
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β€1
Are whales buying Bitcoin during the dip? Do they know something?
While the market remains volatile, large holders are actively buying Bitcoin and withdrawing it from exchanges. In the last 24 hours, they have taken out 26,430 BTC, preferring to store their assets off-exchange.
At the same time, Bitcoin has lost around 20% over the quarter, marking the biggest drop since August 2024. Short-term holders are selling at a loss, having dumped 27,500 BTC in just one day.
While the market remains volatile, large holders are actively buying Bitcoin and withdrawing it from exchanges. In the last 24 hours, they have taken out 26,430 BTC, preferring to store their assets off-exchange.
At the same time, Bitcoin has lost around 20% over the quarter, marking the biggest drop since August 2024. Short-term holders are selling at a loss, having dumped 27,500 BTC in just one day.
The FBI of the USA officially confirmed that North Korea is behind a large-scale cyberattack on the cryptocurrency exchange Bybit, resulting in approximately $1.5 billion in virtual assets being stolen on February 21, 2025.
https://www.ic3.gov/PSA/2025/PSA250226
https://www.ic3.gov/PSA/2025/PSA250226
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The consolidation will continue until positive news about BTC attracts new liquidity.
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Trump will hold the first-ever cryptocurrency summit at the White House next Friday.
It will take place on March 7, 2025, and the event will be led by the White Houseβs "crypto czar," David Sacks, and coordinated by the executive director of the presidential working group on digital assets, Bo Hines.
The summit is expected to bring together top founders, CEOs, and investors from the crypto industry, as well as members of the presidential working group on digital assets.
Previously, President Trump expressed his desire to make the U.S. the "crypto capital of the world."
It will take place on March 7, 2025, and the event will be led by the White Houseβs "crypto czar," David Sacks, and coordinated by the executive director of the presidential working group on digital assets, Bo Hines.
The summit is expected to bring together top founders, CEOs, and investors from the crypto industry, as well as members of the presidential working group on digital assets.
Previously, President Trump expressed his desire to make the U.S. the "crypto capital of the world."
Donald Trump announces a "strategic crypto reserve, which includes XRP, SOL, and ADA."
The corresponding assets respond with growth.π
The corresponding assets respond with growth.
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We are waiting
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Schiff accused Trump of deliberately pumping the crypto market on Sunday with two posts about creating a crypto reserve, ahead of negative news about tariff implementation.
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Bitcoin is above $90,000 again amid this news.
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According to JAN3, the Chinese government holds 194,000 BTC, whereas the U.S. actually has only 112,000 BTC or even less. The issue is that 95,000 BTC from this amount belong to the Bitfinex exchange and must be returned to the affected users.
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πͺ China and Middle Eastern countries are considering a "bitcoin buying strategy," CNBC reports.
Out of the $336 million invested, losses amounted to $110 million, with Ethereum being the main factor in the decline, accounting for 65% of the losses.
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