Whales Crypto 🐋

🔍 There are 1,700 addresses holding more than 1,000 BTC, and 2,200 addresses with balances between 500 and 1,000 BTC More than 32 million addresses (i.e. more than 90% of all entities in the network) hold less than 1 BTC The full distribution of all bitcoins is in the chart below 📈Whales_crypto

A record investment in TON was made by venture capital giant Pantera Capital Prior to TON, their largest investment was $250 million in Solana, which is at $155 👀 at the time of writing The company explained their belief by saying that TON is not an empty project like most others. The ecosystem has its own powerful community: "Telegram is a free community integrating blockchain technology." 🪙Whales_crypto

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A record investment in TON was made by venture capital giant Pantera Capital Prior to TON, their largest investment was $250 million in Solana, which is at $155 👀 at the time of writing The company explained their belief by saying that TON is not an empty project like most others. The ecosystem has its own powerful community: "Telegram is a free community integrating blockchain technology." 🪙Whales_crypto

Crypto speak: (3,3) “(3,3)” refers to game theory. It is a positive outcome for both parties. It is more beneficial for the parties to cooperate with each other instead of competing, with both getting the maximum benefit (-3,-3). The meme appeared in Olympus DAO to visualize the benefits of OHM token steaking. It was later used by other protocols, replacing (3,3) with an emoji like (🌳,🌳). 🪙Whales_crypto

Crypto speak: Astroturfing This term is not exclusive to the realm of cryptocurrency; however, it does appear frequently in the blockchain space. “Astroturfing” is the practice of promoting a product or service—e.g., an NFT or ICO—without disclosing personal interest. Celebrities such as Steven Seagal and Floyd Mayweather Jr. have been fined by the U.S. Securities and Exchange Commission in the past for “astroturfing” ICOs. This means they mentioned the coins on their blogs and resources but failed to disclose that they were getting paid to advertise the product. 🪙Whales_crypto

🟢 Tether's Q1 2024 report details significant financial growth and increased transparency: ⚫A record Q1 net profit of $4.52bn, mainly from US Treasury holdings and gains in Bitcoin and Gold ⚫For the first time, Tether disclosed a net equity of $11.37bn, showcasing enhanced transparency ⚫90% of Tether-issued tokens are backed by cash and cash equivalents, ensuring robust liquidity ⚫Its strategic investments exceed $5bn in areas like AI and renewable energy 🪙Whales_crypto

📊Coinglass: BTC returns by month (2013 - 2024) - Bitcoin broke its record series of green monthly candles and lost 14.7% in April. - For the past 3 years, May has been a "red" month for BTC. Let's place our bets, how will May close? 🐳 - There will be growth 👍 - Virtually no change in price 🗿 - We'll go down 🪙Whales_crypto

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