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A giant whale bought some BTC at a low price and sold some BTC at a high price, making a profit of approximately US$67.8 million, and still holds 1,496 BTC.

According to JieData monitoring, the whale address starting with 37BnFfK has bought and sold some BTC multiple times at relatively low and high points, with a profit of about $67,792,406. The address currently still holds over 1496 BTC.

2023: Digital Asset Fund Flows Weekly Report

2023 inflows 2.7x greater than 2022, Bitcoin the main benefactor
2023: Digital Asset Fund Flows Weekly Report

Morgan Stanley CEO: Never viewed Bitcoin as a store of value

Morgan Stanley CEO James Gorman stated that he has never considered Bitcoin as a form of store of value, and while Bitcoin will not disappear, it is not a core investment. (Jinshi)

State of the Network’s 2024 Outlook

Digital assets rebounded sharply in 2023 as market conditions improved across the board and institutional interest accelerated alongside the impending launch of a spot Bitcoin ETF. Looking to 2024, there are a number of important developments on the horizon. In this issue of State of the Network, we offer our perspective on some of the biggest trends to watch in 2024 in the digital assets industry.
State of the Network’s 2024 Outlook

BE REALISTIC — DEMAND THE INCORRUPTIBLE!

have recounted the history and prehistory of crypto elsewhere — the path from PGP (Pretty Good Privacy) through e-gold to Bitcoin. Now I want to take a look at what happened next, what went wrong with the Ethereum vision of the future, and how we can turn things around to make the blockchain the powerhouse of the future that it was always meant to be. I need to talk about magic and rules. I’ve seen a fair bit of magic over the years, and I understand when it needs rules.
BE REALISTIC — DEMAND THE INCORRUPTIBLE!

Ethereum briefly fell below $2,300, down 3.44% in 24 hours

According to OKX market data, Ethereum briefly fell below $2300, now trading at $2310, a 24-hour drop of 3.44%.

BTC drops below $44,000

According to market data, BTC has fallen below $44,000 and is currently trading at $43,992.2, with a daily decline of 3.03%. The market is volatile, please be prepared for risk control.

BTC miners have sold approximately 4,000 BTC in the past 10 days, totaling more than $176 million

According to Ali's monitoring, Bitcoin miners have sold about 4,000 Bitcoins worth more than $176 million in the past 10 days, according to TechFlow news.

BTC briefly fell to 45,000 USDT and then rebounded, with a 24H increase of 6%

According to the OKX market, BTC fell to 45,000 USDT in the short term and then rebounded, now reporting 45,140 USDT, with a 24-hour increase of 6%.

Arkham: BTC open interest increased by $840 million in the past 24 hours

Arkham posted on X platform that the open BTC contracts increased by $840 million in the past 24 hours, and the short liquidation amount of BTC reached $73.3 million in the past 24 hours.