Tom Lee says Bitcoin enters a comprehensive bull market
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Tom Lee stated that Bitcoin has entered a comprehensive bull market and pointed out that after breaking through the 200 day moving average in August, the average return rate for the next six months is 193%. （The Bitcoin Historian）
Short term holders of Bitcoin sold profitable BTC on the trading platform, with a total sales volume of 11000 BTC in the past 7 days, a decrease of 66% from the peak of 32000 BTC.
The ETH reserves held by Binance have dropped to a near six-month low, and the number of ETH withdrawal transactions has reached a historical high. This data is based on the number of withdrawal transactions rather than the amount withdrawn. (Source: CryptoQuant)
Chain analyst Specter pointed out that multiple Ledger users' wallets are suspected to have been stolen, involving multiple main chains such as Ethereum, TRON, and Bitcoin, with a total loss of over 86 million US dollars. On chain data shows that three Bitcoin theft addresses received a total of 211 Bitcoin between October 8th and 9th, and the funds have not yet been transferred out. The reason for the theft is currently unclear, and Ledger has not responded yet.
Axel Adler stated that short-term holders who sell profitable Bitcoin through the exchange have transferred 11000 BTC to the exchange in the past 7 days, a decrease of 66% from the peak of 32000 BTC.
Bitdeer AI has secured a 67MW data center park in Malaysia to host the Nvidia GB300 system. The AI cloud business capacity has increased to 273.5MW, and the AI cloud business reserve has exceeded $10 billion.
