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Bitwise Advisor: Current market structure is unfavorable for Bitcoin's rise; Bitcoin OG whales continue to sell off.

A whale withdrew 14.098 million WLFI tokens from Binance, worth over $2 million.

A New Phase in Regulatory Maneuvering: CEEX Interprets the Impact of SEC Innovation Exemptions on the Global Crypto Industry

Crypto Squirtle/机灵的杰尼君

I also found it quite unbelievable before: how could the Zhejiang Financial Assets Exchange Center, with a yield of only 4% to 5%, also collapse? During this trip back to China, I talked to many friends who work in securities firms and banks, and learned that bank wealth management products generally only offer around 1.5% to 2% returns. Many wealthy people have large amounts of money in their hands but can't find reliable ways to generate income. They actually wanted to crypto, but the reality was: they didn't understand it, they didn't dare to, and there wasn't a truly compliant and user-friendly entry point. Those inside the besieged city want to get out, while those outside want to get in. When will China open its borders? Maybe then $BTC it really will break through $300,000? However, just thinking about it is difficult, very difficult. twitter.com/Meta8Mate/status/2...

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