CryptoQuant analyst ‘caueconomy’ found that Bitcoin whales have dumped roughly $12.7B worth of $BTC over the past month. Shockingly, this marks the largest whale sell-offs since July 2022.
They believe that this selling pressure is what’s been pushing $BTC’s price below $108K, a level it had sunk below last week.
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$BFX is the linchpin of BlockchainFX, a cutting-edge global exchange that bridges DeFi and TradFi. Owing to this, it has nearly raised an eye-boggling $7M on presale.
From a highly user-friendly app, you can access crypto and stocks, forex, ETFs, commodities, and bonds. It gives you easy access to the world’s top markets, all under one roof.
Although $BFX is still on presale, BlockchainFX has already granted access to over 500 assets, including $BTC, $ETH, gold, and Tesla.
Purchasing $BFX gives you early access to the platform, reduced trading fees, and daily staking rewards (in $USDT and $BFX).
It also gives you exclusive perks like access to the limited-edition BFX Visa Card, which can be topped up with 20+ cryptos to spend globally online or in-store. This way, you can easily spend your crypto without the hassle of off-ramps.
You can purchase $BFX on presale for just $0.022 to reap these perks. With a launch price set at $0.05, now’s a great time to secure early entry at its lowest current price.
After downloading the mobile app, you can manage, buy, sell, swap, and stake over 1K digital assets across major chains, including Ethereum, Polygon, and BNB Chain.
It’ll soon support over 60 networks, so you can anticipate unlocking even greater crypto opportunities soon.
As a non-custodial wallet, you can rest easy knowing you have full ownership of your private keys.
Beyond this, the wallet is full of intuitive tools for discovering top investment opportunities at reasonable prices. This includes a token launchpad and a swap function that scans 330+ DEXs and 30 bridges for the best rates.
It also has an ambitious roadmap that includes a crypto debit card (Best Card), a built-in NFT gallery, and a rewards hub for loyal users. And that’s to name a few.
When buying $BEST, you’ll also be granted with lower gas fees, governance rights, and staking rewards (currently at an 85% APY).
Bitcoin Whales offloading 100K+ $BTC shows that not even the world’s largest crypto is protected from sudden supply shocks.
Because they’re not yet listed on the market, they’re protected from whale-driven price swings. Plus, their utility helps you explore the next crypto that’s primed to thrive.
This isn’t investment advice. Always do your own research and never invest more than you’d be sad to lose.
