🚨 The rich are NO longer selling their Bitcoin: they’re using it as collateral to take out loans… while the price battles to stay above 80,000 👀
Bitcoin’s old money has changed the game: now it’s looking for loans and yield, not selling.
▪️ Bitcoin (~80,400): the head of a Bitcoin bank in Gibraltar said his wealthy clients borrow dollars using their BTC as collateral, and 45% earn interest on their savings in Bitcoin. If big holders aren’t selling, there are fewer coins for sale. Heads up: it came close to 79,200 this Sunday, and ETF holders can only sell starting Monday.
▪️ Ethereum (~2,335): down 13% in a month, nearly three times as much as Bitcoin. Around $44 billion in leveraged bets are still open, and yesterday’s liquidations barely cleared a fraction of them. With so much leverage, every move can be more violent.
▪️ AVAX (~8.83): down 10% for the week and defending its support zone between 8.50 and 8.90. Wall Street giant Charles Schwab highlighted it as a leader in tokenized assets and is preparing to offer trading to its clients. Strong fundamentals, but the price is still weak.
The Fed makes its decision on Wednesday, and those who aren’t selling have already picked a side.
Are you selling into the dip or holding on like the rich? 👇
#Bitcoin #ETH #AVAX
Bitcoin’s old money has changed the game: now it’s looking for loans and yield, not selling.
▪️ Bitcoin (~80,400): the head of a Bitcoin bank in Gibraltar said his wealthy clients borrow dollars using their BTC as collateral, and 45% earn interest on their savings in Bitcoin. If big holders aren’t selling, there are fewer coins for sale. Heads up: it came close to 79,200 this Sunday, and ETF holders can only sell starting Monday.
▪️ Ethereum (~2,335): down 13% in a month, nearly three times as much as Bitcoin. Around $44 billion in leveraged bets are still open, and yesterday’s liquidations barely cleared a fraction of them. With so much leverage, every move can be more violent.
▪️ AVAX (~8.83): down 10% for the week and defending its support zone between 8.50 and 8.90. Wall Street giant Charles Schwab highlighted it as a leader in tokenized assets and is preparing to offer trading to its clients. Strong fundamentals, but the price is still weak.
The Fed makes its decision on Wednesday, and those who aren’t selling have already picked a side.
Are you selling into the dip or holding on like the rich? 👇
#Bitcoin #ETH #AVAX
