The founder of a leading exchange has made a bold statement, suggesting that governments should stock up on Bitcoin as soon as possible, or else it might cost $50 million to buy just one in the future. That's quite a claim.
From a data perspective, if BTC really surges to $100,000, approximately $910 million in short positions on the market would be liquidated. Meanwhile, a whale is currently shorting Bitcoin with 20x leverage, already sitting on over $20 million in unrealized profit, with a liquidation price near $101,700—this player certainly has nerves of steel.
On the macro front, Hassett believes 2024 could be a golden year for the US economy and is calling for the Fed to cut rates. On the regulatory side, the US SEC is about to host a Crypto and Privacy Roundtable, with Zcash’s founder and other industry insiders set to participate in the discussion.
Two other points: Musk has recently clashed with the EU again, calling the €120 million fine against the X platform absurd and directly calling for the abolition of the EU; in traditional finance, French bank BPCE is preparing to launch cryptocurrency trading features in its app.
By the way, Emperor Holdings and the Hong Kong Polytechnic University have jointly established a stablecoin R&D center, focusing on compliant stablecoins and the RWA sector. The pace of traditional institutions entering the space is indeed accelerating.
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AirdropHunter007
· 9h ago
50 million each? I should start saving money now.
Suddenly I feel like the guy who went 20x short is pretty wild, that kind of courage is rare.
French banks are launching crypto, traditional finance really is getting anxious.
The whale made a $20 million profit, is that really the difference between us...
Stablecoins + RWA, is this the next big thing? I need to pay attention to it.
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UnluckyMiner
· 9h ago
That whale going 20x leverage short is really fierce, just betting that BTC won’t break 100,000? That mindset has to be incredibly strong.
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MevTears
· 13h ago
That whale with 100,000 bucks is probably going to get stuck, haha.
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StrawberryIce
· 23h ago
Shorting with 20x leverage and still floating a profit of 20 million, this guy is really gambling with his life.
Whale strategies are indeed ruthless, just waiting for that 101,700 cut.
The talk about governments hoarding Bitcoin is just for show, exchange owners love to make these kinds of statements.
RWA and compliant stablecoins have really become hot commodities now, traditional finance is truly entering the scene.
Even French banks are getting into crypto, which says it all.
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ser_ngmi
· 12-08 02:21
Wait, does the whale really dare to short with 20x leverage? Are they going all in or do they have insider information?
What does it mean when traditional finance is so eager to jump in...
$50 million per Bitcoin? That’s just talk—there’s no way the government is actually stockpiling.
Musk is putting on a show again; it’s always so surreal with him.
The stablecoin R&D center is up and running. The RWA sector is definitely worth paying attention to.
View OriginalReply0
TradFiRefugee
· 12-08 02:21
This whale is really bold, 20x leverage on a short... If BTC breaks 100,000 I’ll laugh to death.
Traditional institutions are rushing to enter the market like this, what does that indicate?
$50 million per coin? Wake up, everyone.
Even French banks are starting to do trading—has Europe admitted defeat?
Musk is at it again, this guy just can't sit still.
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SoliditySlayer
· 12-08 02:19
Is the $100,000 barrier really about to be broken? The liquidation drama is back again.
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A whale is sitting on $20 million profit with a 20x short. That’s bold.
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Traditional institutions are piling in like crazy, and even stablecoins are starting to compete on compliance.
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A French bank is rolling out trading features? Is Europe changing its tune?
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Hassett is hyping up rate cuts again, but the real question is whether the Fed will listen.
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What that exchange founder said makes sense—if governments don’t start stockpiling now, it’ll be too late to cry later.
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Bitcoin at $50 million a coin sounds wild, but it’s not impossible.
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Musk is clashing with the EU again—has this guy ever taken a break?
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Short liquidation price at $101,700—this really feels on edge.
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Even Hong Kong PolyU is getting involved in the RWA track now. This is definitely a hot trend.
View OriginalReply0
ApeEscapeArtist
· 12-08 02:18
This whale is really daring—using 20x leverage to short and still floating a profit of 20 million. Truly gutsy.
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MissingSats
· 12-08 01:57
50 million for one? Then I’d have to sell my house right now, haha.
The day of the short squeeze will be really intense, just worried that whale could actually hold on until 101,700.
French banks are launching crypto trading—traditional finance is really coming in now.
Musk is always picking fights with everyone all day long, doesn’t he ever get tired?
Institutions are quietly positioning themselves in the RWA sector.
View OriginalReply0
MoonWaterDroplets
· 12-08 01:52
20x leverage on a short and still up 20 million, that’s some insane mental fortitude
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50 million per coin? Uh, forget it, I’ll just stick to spot
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Traditional banks are entering the game, looks like this time it’s for real
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EU vs Musk, these past few months have been wild haha
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101,700 right? Got it, waiting to watch the liquidation show
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Stablecoins and RWA, feels like that’s where the next hot trend will be
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When 9.1 billion shorts get liquidated, will it turn into a massacre on the spot...
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Even presidents should be hoarding Bitcoin, listen to this logic, hilarious
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Fed rate cuts, BTC’s about to take off again
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No wonder they’re called whales, they really do play bolder than us
#ETH走势分析 $BTC $ETH Here are some recent news items worth noting:
The founder of a leading exchange has made a bold statement, suggesting that governments should stock up on Bitcoin as soon as possible, or else it might cost $50 million to buy just one in the future. That's quite a claim.
From a data perspective, if BTC really surges to $100,000, approximately $910 million in short positions on the market would be liquidated. Meanwhile, a whale is currently shorting Bitcoin with 20x leverage, already sitting on over $20 million in unrealized profit, with a liquidation price near $101,700—this player certainly has nerves of steel.
On the macro front, Hassett believes 2024 could be a golden year for the US economy and is calling for the Fed to cut rates. On the regulatory side, the US SEC is about to host a Crypto and Privacy Roundtable, with Zcash’s founder and other industry insiders set to participate in the discussion.
Two other points: Musk has recently clashed with the EU again, calling the €120 million fine against the X platform absurd and directly calling for the abolition of the EU; in traditional finance, French bank BPCE is preparing to launch cryptocurrency trading features in its app.
By the way, Emperor Holdings and the Hong Kong Polytechnic University have jointly established a stablecoin R&D center, focusing on compliant stablecoins and the RWA sector. The pace of traditional institutions entering the space is indeed accelerating.