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Whales long

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This week in web3 techcrunch.com/2023/08/10/sec…

Bitcoin volatility hits all-time low as trading volume slumps

Bitcoin and Ethereum are less volatile than oil.

Yesterday's selling pressure had the same power as the FTX and SVB crashes.

Bitcoin's Sharpe ratio is about twice as high as that of the S&P 500, which means that Bitcoin offers a good risk/return ratio compared to the S&P 500. However, the data shows that gold and bonds are more effective hedges in the event of a major economic contraction.

#BTC buy

#BTC bullish?

The longest halving cycle in Bitcoin history. We're halfway there, but maybe it's worth waiting a bit longer than we'd like for an immediate bull market.

#BTC #China

COVEST's TP/SL settings are best than any other exchange

#BTC #ETF

#ETF #Bitcoin

#Bitcoins

#BTC ETF

Top traders P&L

Bitcoin broke above $52,000, regaining a market cap of $1 trillion for the first time since December 2021, a significant milestone. Bitcoin's market cap is now larger than giants like Walmart, Tesla, and Berkshire Hathaway.

#XRP Whales are using Binance as their main deposit exchange for XRP. The chart shows the deposit levels of whales who have deposited more than 1 million XRP into Binance.