#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
They Reduced Costs on Ethereum: It Could Be a Turning Point and a Signal for Price Increase! - Coin Bulletin
Ethereum (ETH) investors continue to reduce their costs by not selling despite the price drops, which could be a turning point and a signal for an increase in price.
According to the data shared by the CryptoQuant analyst, Ethereum investors are maintaining their accumulations without selling despite the price drops and continue to lower their costs. This attitude may indicate an important turning point in Ethereum's current price movements.
Ethereum entered a long correction period after reaching its peak of $4,107 on December 16, 2024. However, long-term investors calmly resisted these drops and maintained their positions. March 10 marks a change in market behavior. On-chain data shows that when the price of Ethereum dropped to $1,866.7, the accumulating addresses entered the "unrealized loss" zone. According to this data, the realized price of these addresses was at the level of $2,026.
Addresses that accumulate Ethereum are those that consistently buy ETH and do not make large sales. It is often observed that these addresses are "long-term investors" holding ETH for 155 days or longer. As of May 3rd, the realized price for these addresses decreased from $2,026 to $1,980, experiencing a 2.32% drop.
Although the price drops continue, the addresses accumulating seem to have not abandoned their strategies. On March 10, these addresses holding 15,535,600 ETH reached 19,037,800 ETH as of May 3, showing an increase of 22.54%.
These data reveal the strong beliefs of Ethereum investors in the asset, the project, and the ecosystem. On-Chain behaviors indicate that expectations for Ethereum to gain value in the short term are increasing. Investors hold a clear belief that Ethereum will gain value in parallel with its broader evolution.