Trump Media Just Locked In A $555M Bitcoin Loss
Trump Media appears to have sold another 2,628 BTC worth $165M, bringing total sales to 7,281 BTC after accumulating 11,542 BTC.
They bought at an average of $118,522 but sold at just $74,855, leaving the company with an estimated $555M unrealized and realized loss on its Bitcoin position.
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Dear Binancians, don't rush into a trade yet. Watch this $SOL chart very closely.
After a long downtrend, $SOL is showing an early recovery, but sellers are still active around resistance. The next move will decide the trend. If buyers hold this level, $SOL could extend toward $80. If sellers regain control, another drop toward $70 is still possible.
Stay patient, wait for confirmation, and don't chase the market. I'll keep you updated on every major move.
Guys... $BTC is defending a key support zone, and buyers are starting to regain control. The current structure is improving, and as long as price holds above this level, the probability of a continuation toward the next resistance remains strong. A confirmed push higher can accelerate bullish momentum.
LONG TRADE SETUP
Entry: 63,300 – 63,450
TP1: 64,200
TP2: 64,900
TP3: 65,591
Stop Loss: 61,285
Buy and Trade
{future}(BTCUSDT)
$DEXE
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$BANK
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Really a curse on $LAB , The LAB insider wallet is active again🥶.
After nearly three weeks of inactivity, the suspected LAB insider has started moving tokens once more.
Around 9 hours ago, the wallet deposited 5.8M LAB, worth approximately $834K, into KuCoin at an average deposit price of $0.1439. Not long after the transfer, #LAB came under selling pressure, dropping from $0.1439 to a low of $0.1273 over the next 90 minutes -- a decline of roughly 11.5%.
Address: 0xBCF0771E983aF09a67F10812fB...
Trump Media continues to cut its Bitcoin holdings. About 9 hours ago, Trump Media sold another 2,628 $BTC , worth approximately $165.07M.
The company originally accumulated 11,542 #BTC for roughly $1.37B, with an average purchase price of $118,522 per BTC. It began reducing its position seven months ago and has since sold a total of 7,281 BTC for around $545M, at an average selling price of $74,855.
Despite the recent sales, Trump Media still holds 4,261 BTC, currently worth about $270M at today...