Larry Fink: If every millionaire in the United States buys one Bitcoin, the supply will be insufficient
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Larry Fink stated that if every millionaire in the United States were to request a financial advisor to purchase one Bitcoin for themselves, the quantity of Bitcoin would not be sufficient to meet the demand. (Bitcoin Archive)
[Machi Big Brother Deposits Approximately $200,000 into Hyperliquid to Replenish ETH Long Position]
Jeffrey Huang's 25x leveraged Ethereum long position was partially liquidated during the market downturn. Jeffrey Huang deposited $199,879 into Hyperliquid to replenish his ETH long position, now holding approximately 3,100 ETH.
[“1011 Insider Whale” Long Position Value Reaches $662 Million]
The BTC, ETH, and SOL long positions of the “1011 Insider Whale” have reached a value of $662 million, including:
- A 5x leveraged Ethereum long position of 175,561.8 ETH, valued at $538.89 million;
- A 5x leveraged Bitcoin long position of 1,000 BTC, valued at $89.94 million;
- A 20x leveraged SOL long position of 250,000 SOL, valued at $33.13 million.
[Federal Reserve's Goolsbee: The Fed Must 'Take Away the Punch Bowl' to Fight Inflation]
Federal Reserve's Goolsbee stated that sometimes, to combat inflation, the Fed must 'take away the punch bowl' (withdraw accommodative policies during economic overheating).