All-time highs have never been easy to break, but what we do know is that strong pullbacks in Bitcoin are totally normal.
Buying opportunities in altcoins are remaining at BearMarket levels.
It is purchased in red.🔴
🥸 How brilliant was the decision to sell limited and hard-to-mine BTC for unlimited and printed-on-paper euros?
Chart of the Bitcoin balance of the German government
At such a BTC price, mining equipment becomes unprofitable for operators — only 6 types of ASICs remain profitable (S21 Hyd, S21, A1466I, S19 XP Hyd, S19 XP, and M56S++).
At a tariff of $0.08/kWh, all ASICs with efficiency below 23 W/T operate at a loss.
🕯 Mt Gox has started making large Bitcoin transfers
First, they transferred 47,229 BTC to a new address, and from there, other transactions followed.
BTC fell to USD 55,000 and crypto liquidations exceeded USD 580 million
Around $193 million in long Bitcoin positions were liquidated in the last 24 hours, and the price of BTC hit its lowest point since February
Mt. Gox moved $2.7 billion in BTC to a new wallet address
One of Mt. Gox's cold wallets just transferred over 47,000 BTC to an unknown address amid a plan to start paying its creditors
This is the biggest liquidation event since the FTX collapse 👀
Liquidation heatmap. $BTC: 12h, 24h, 3d, 1s and 1mo.
July 4th Update:
9 ETFs decreased by 609 $BTC (-$35 million).
#Grayscale decreased by 535 $BTC (-$30.7 million) and currently holds 274,724 $BTC ($15.76 billion).
💤 An inactive address containing 119 #BTC 💰 ($6,992,389) has just been activated after 12.4 years (worth $599 in 2012)!
🇸🇻 Bitcoin from El Salvador 💰 holdings exceed 5,800.
Mempool data shows that El Salvador currently holds more than 5,800 BTC, equivalent to approximately 334 million US dollars.
Forecasts for tomorrow's employment data in the US
