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07:00
Bitcoin will need $1 trillion in new capital for the next parabolic rally
Analysis indicates that the next parabolic surge in Bitcoin will require an additional $1 trillion in capital inflow. In this cycle, approximately $697 billion of new capital has generated about a 689% increase, while in earlier cycles, smaller amounts of capital drove returns of 2,000% to over 50,000%.
06:22
Jupiter Strategic Reserve Trust Fund has increased its holdings by approximately 186,500 JUP, bringing the total position value to around $34.8 million.
BlockBeats News, July 4th. The Jupiter Strategic Reserve Trust Fund, Jupiter Litterbox Trust, increased its holdings by 186,546 JUP yesterday, worth approximately $45,000. So far this month, it has accumulated purchases of 1,226,119 JUP, worth around $300,000. To date, its total purchase amount is 145,028,229 JUP, with a value of approximately $34.8 million. The Jupiter Strategic Reserve Trust Fund is the official on-chain treasury fund of Jupiter. It automatically channels 50% of the Jupiter Protocol revenue and continuously buys and holds JUP tokens on the open market through a smart contract. The community often jokingly refers to it as the "Litterbox Trust."
06:06
Chip Distribution: ETH May Test Support Conversion, Only 0.49% Away from Major Chip Cluster
PRO Chip Distribution data shows: In the past 48 hours, 50% of ETH transactions were concentrated in the $1,687.33 to $1,747.07 range. Currently, the ETH price is above this concentration zone, approximately 0.49% above the upper boundary of the range. This position was previously a key resistance level for the breakout and has now turned into potential support. If ETH pulls back and is able to gain effective support at $1,747.07, it indicates the previous breakout is valid and the price trend may continue. PRO users can use the "Chip Distribution" indicator to confirm trading volume changes at this support level and assess its strength. Data is for reference only.
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