[Coin World] Recently, there has been significant news: Trump's media company has made a substantial Bitcoin purchase. According to on-chain data tracking, the company's purchase scale reached 451 Bitcoins, with a transaction amount of approximately 40 million dollars.
The emergence of this transaction marks the beginning of more traditional enterprises and companies with well-known backgrounds incorporating crypto assets into their asset allocation. Especially against the backdrop of sustained heat in the Bitcoin market, such significant changes in large holdings often become the focus of market attention.
The scale of 451 Bitcoins, although not the largest among whale-level holdings, should not be underestimated due to the high-profile nature of the institution backing it. Whether it is the recognition of Bitcoin or the signals for the entire cryptocurrency investment ecosystem, it provides a certain reference significance.
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TxFailed
· 12-23 09:43
ngl this is just corporate fomo wrapped in a press release... 451 btc at 40m is like what, 88k per coin? technically speaking, timing feels sus af but whatever keeps institutions buying i guess
Reply0
MEVHunter_9000
· 12-23 09:43
Wow, Trump has also started accumulating coins, this time the traditional pros really have to get on board.
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451 Bitcoins, it doesn't seem like much but this signal is too strong, the demonstration effect is everlasting.
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A big move, 40 million just smashed in, I wonder when we can catch up with the rhythm.
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It's truly the moment for institutions to buy the dip, TradFi is starting to take encryption seriously.
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But to be fair, 451 doesn't sound as much as I imagined, it still depends on whether they will continue to increase the position later.
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This is what they call the "Whale demonstration effect," the grassroots workers are trembling.
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Another piece of favourable information, but the coin price still hasn't risen, what's going on?
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Trump's companies have started playing too, what does this mean? Is mainstream recognition coming?
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40 million looks like a lot, but divided by 451 coins, it's just that, an average price of over 800,000 each?
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SandwichVictim
· 12-23 09:28
Trump's group finally entered a position, now BTC has to rise.
The old fellows in America are building walls and stocking coins, what are we doing?
451 BTC is nothing, the key is the demonstration effect... Do you understand the taste of big capital?
This is blatantly telling you that TradFi also has to be humble.
Speaking of which, if 40 million entered a position, I would have to cut my hands off.
Those who used to mock the crypto world are now buying the dip, it's really ironic.
Whales are stirring up trouble again, retail investors continue to be played for suckers.
This signal is enough to let the next wave of suckers get on board.
The pros are allocating assets, while I'm still allocating dreams.
Big investment entry: Trump’s media company spends 40 million USD to increase its holdings in Bitcoin
[Coin World] Recently, there has been significant news: Trump's media company has made a substantial Bitcoin purchase. According to on-chain data tracking, the company's purchase scale reached 451 Bitcoins, with a transaction amount of approximately 40 million dollars.
The emergence of this transaction marks the beginning of more traditional enterprises and companies with well-known backgrounds incorporating crypto assets into their asset allocation. Especially against the backdrop of sustained heat in the Bitcoin market, such significant changes in large holdings often become the focus of market attention.
The scale of 451 Bitcoins, although not the largest among whale-level holdings, should not be underestimated due to the high-profile nature of the institution backing it. Whether it is the recognition of Bitcoin or the signals for the entire cryptocurrency investment ecosystem, it provides a certain reference significance.