The gold market has not yet peaked, and the decline in gold prices will attract more bulls! The Federal Reserve still holds dovish expectations, but there are two major risks. The United States and Japan may fall to this level before the Bank of Japan meeting in January next year.
Arkham posted on the X platform that Tesla has not yet sold its bitcoin holdings, and the company still holds 11,500 BTC purchased in late January 2021 at a price of about $32,000, and has held it for more than three years, with a cumulative profit of $300 million.
As of this writing, the US government still holds over 183,000 bitcoins, worth around $12 billion, making it the largest geopolitical owner of this decentralized currency. According to Arkham Intelligence, the US government also holds 50,000 ETH, 121 million USDT, 40,000 BNB, and over 10 million USDC.
On July 27, according to Arkham's post on the X platform, MicroStrategy still holds bitcoin and has not sold bitcoin.
The data shows that Mt. Gox still holds up to about 90,000 bitcoins, worth about $6 billion, and investors and speculators are weighing the impact of the sell-off on the bitcoin market. According to Arkham Intelligence, Mt. Gox's last transaction occurred on July 24, 2024 at 06:50:05 UTC, and involved the transfer of about 382 bitcoins to Bitstamp, worth about $25 million.