According to sources, the CEO of a major crypto assets company plans to make a large-scale Bitcoin purchase tomorrow, amounting to up to $1 billion. This move could have a significant impact on the market.



Analysts point out that such a large-scale transaction is likely to be conducted through various channels such as ETFs or over-the-counter trading ( OTC ), directly impacting spot liquidity. Investors should closely monitor the net subscription status of ETFs in the U.S. market and changes in spot premiums, as this may force short sellers to cover their positions.

In addition, if the US dollar shows weakness, combined with market bets before the Consumer Price Index ( CPI ) is released, it may trigger more intense price fluctuations during the Asian trading session.

In the face of this situation, experts advise investors to remain calm and avoid blindly chasing highs. A wiser approach is to wait for price corrections and consider entering the market when trading volume increases. This strategy helps to reduce risk and seize better investment opportunities.

Overall, the Crypto Assets market may soon experience a significant change. Investors need to remain vigilant, closely monitor market trends, and make informed decisions based on their own risk tolerance.
BTC-3.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
token_therapistvip
· 08-14 11:57
One billion to buy Bit, so big!
View OriginalReply0
MeaninglessApevip
· 08-13 04:45
Another Be Played for Suckers act!
View OriginalReply0
AirdropFatiguevip
· 08-11 16:51
What a pity, it's another case of hindsight wisdom.
View OriginalReply0
SchrödingersNodevip
· 08-11 16:44
Be Played for Suckers again.
View OriginalReply0
SeasonedInvestorvip
· 08-11 16:42
This wave is really interesting~
View OriginalReply0
PaperHandSistervip
· 08-11 16:41
Trying to trap us retail investors again? Please!
View OriginalReply0
AirdropHarvestervip
· 08-11 16:37
Are the suckers ready with their sickles?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)