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Заголовок Justin Sun Wants to Buy $2.3 Billion Worth of Bitcoin
Дата 20240704

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Justin Sun Wants to Buy $2.3 Billion Worth of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin

Crypto mogul Justin Sun has expressed his intention to buy a massive trove of
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin, valued at approximately $2.3 billion. This bold claim came as the
crypto markets witnessed significant panic, particularly from the German
government s recent extensive Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin transactions.

Governments seize illicit crypto during various operations. Then they
periodically auction off these digital assets, thereby introducing selling
pressure into the market.

German Government Moves $174.3 Million Worth of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin

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Over the past few weeks, the German government has been actively moving its
crypto assets. It has transferred large amounts of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin to various wallets
and exchanges.

Recent blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн

• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
data analysis by Arkham shows that just today, the German
crypto wallet moved 3,000 Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) worth roughly $174.3 million. The
government distributed this BTC to several destinations, including major
crypto exchanges like Bitstamp, Kraken, and Coinbase.

Read more: Who Owns the Most Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin in 2024?

These movements are part of a broader trend that started on June 19, with the
government shifting about 6,500 BTC , pushing the total value transferred to
exceed $425.49 million. The origins of these assets are likely tied to
criminal enterprises . Arkham suggested a connection to the defunct pirated
movie site, Movie2k.

The recent transactions have noticeably impacted the crypto market, creating
waves of concern among investors and traders. Indeed, the sensitivity of the
market to such large-scale disposals became evident today as Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin reached
the $57,000 mark for the first time in two months. This surge was further
fueled by an incident involving a crypto whale who sold $400 million worth of
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin.

Amidst this volatility , Justin Sun has proposed to purchase the entire cache
of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin currently held by the German government , amounting to 40,359 BTC.

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I am willing to negotiate with the German government to purchase all
BTC off-market in order to minimize the impact on the market, Justin
Sun posted to his 3.5 million followers.

Read more: How To Make Money With Intel-To-Earn on Arkham Intelligence German
Government s Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Wallet . Source: Arkham

Sun s strategy could potentially stabilize the market by preventing a
large-scale sell-off on public exchanges, which might otherwise precipitate a
sharp decline in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin prices. More than direct price impact, this move can
ease the panic amongst crypto investors.

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Coinbase

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