Glassnode: Bitcoin's 3-5 Year Holder Net Supply Change is Slowing, Yet Still Posing Downside Pressure on the Market
On June 2nd, Glassnode's official post said, "Investors who have been holding Bitcoin for 3 to 5 years reached a coin-holding percentage of 15.7% of the total supply on November 9, 2024, hitting a new high since March 2017. Then they started to sell, paused, and later resumed selling in April 2025."
Currently, their Bitcoin holdings account for 11.9%, which is still significantly higher than the approximately 3% cycle low point and still poses significant selling pressure.
Bitcoin's 'Realized Cap HODL Waves' reflects the value held by holders of different age groups. Investors holding for 3 to 5 years still control a substantial amount of wealth and are inclined to sell during periods of price strength. The recent slowdown in selling indicates that the selling pressure may be approaching exhaustion, but the 12% of the total supply held by this group of holders shows that many are still waiting for higher prices.
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Bloomberg Analyst: If Bitcoin Can Sustain a 50% Annual Growth Rate, Satoshi Nakamoto Could Become the World's Second Richest Person Next Year
On June 2nd, Bloomberg's Senior ETF Analyst Eric Balchunas stated in a post on the X platform that "If Bitcoin's price continues to increase at a rate of 50% per year, Satoshi Nakamoto's net worth will surpass that of Buffett this year, and around next year it will surpass that of Zuckerberg, becoming the world's second richest person (while Musk still remains far ahead)."
What is interesting is that the founder of this extremely successful project has never cashed out, a fact that brings to mind Jack Bogle.
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Digital Asset Broker FalconX has acquired a majority stake in the parent company of the crypto hedge fund Monarq.
On June 2nd, as per Bloomberg, the digital asset broker FalconX has obtained a majority share in the parent company of the multi-strategy crypto hedge fund Monarq Asset Management. This move is intended to enlarge its asset management services.
The details of the deal were not made public. Austin Reed, the global head of revenue and business at FalconX, a privately held company based in San Mateo, California, stated that this investment presented an opportunity for the company to expand its institutional client base beyond hedge funds, proprietary trading firms, and asset management institutions.
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Hong Kong Stock Market Blockchain Concept Stocks Soar Together, Brokerage Firm Points Out Stablecoins Entering a New Phase of Accelerated Regulation
On June 2nd, as reported by Securities Times, in the Hong Kong stock market, stocks related to digital currency witnessed a collective surge today. Lianlian Digital once surged by 80% during the trading day. Moxian rose by nearly 50% at one point, and Chain Cloud Link rose by over 45% at one time. By the close, Lianlian Digital still had a gain of over 60%, Chain Cloud Link rose by over 40%, Moxian rose by nearly 40%, and Zhongan Online rose by nearly 10%.
From a policy perspective, recently, there have been continuous positive news in the digital currency industry. Especially with the rise of stablecoins, it has become a new focus in the global financial market. The Hong Kong Special Administrative Region government published the "Stablecoin Order" in the Gazette on May 30th, indicating that the "Stablecoin Order" has officially become law. At the current pace, compliant Hong Kong stablecoins are expected to be officially launched by the end of this year.
In addition, the United Sta
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WLFI is partnering with BNB Chain, PancakeSwap, and B to launch a USD1 liquidity promotion event.
June 2nd. As per official channels, World Liberty Financial (WLFI) declared a four-week event in conjunction with BNB Chain, PancakeSwap, and BUILDon to boost the adoption and liquidity of USD1 on the BNB Chain. The plan is intended to raise the Total Value Locked (TVL) of USD1, enhance exchange liquidity, and position USD1 as a leading stablecoin within the DeFi and BNB Chain ecosystem.
This event is organized and sponsored by WLFI, BUILDon, and PancakeSwap. The judging panel members comprise representatives from WLFI and its co-founders, BUILDon community members, the PancakeSwap team, and Four.meme contributors. The event also receives support from BNB Chain, Four.meme, Aster, and ListaDao.
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