#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Lock-up Position Token holders suffered heavy losses over 12 months, with OTC prices falling by 50% compared to Spot.
According to Gate.io News bot, Taran, the founder of the crypto OTC trader STI, disclosed that lock-up position token holders have suffered significant losses in the past 12 months. Data shows that OTC prices have fallen by an average of 50% compared to spot prices.
During the same period, Bitcoin rose by 45%. Additionally, with the value loss of liquidity, Lock-up Position Token holders bear an extra opportunity cost of 31%.
Taran pointed out that over 40 billion USD worth of Lock-up Position altcoins will be unlocked in the future. Sellers need to bear a 50% discount when exiting through OTC. As the lock-up period for most Tokens ends in 2025, the shortening of the vesting period is leading to a decrease in the extent of discounts.
Source: Wu Shuo