XRP May Lead Institutional Inflows as Bitcoin Holdings Reach $130 Billion Amid Market Shifts
Main Idea
Satoshi Nakamoto's Bitcoin holdings are now valued at $130 billion, while XRP leads institutional inflows with $189 million, and Dogecoin investors remain optimistic despite a price drop.
Key Points
1. Satoshi Nakamoto holds 1.1 million BTC, untouched since 2009, now worth $130 billion due to Bitcoin's price surge above $118,000.
2. XRP attracted $189 million in institutional inflows last week, surpassing Bitcoin's $175 million outflows, signaling a shift in market dynamics.
3. XRP's July month-to-date inflows reached a record $11.2 billion, exceeding December 2024's previous high of $7.6 billion.
4. Dogecoin's price fell 10.75% over the past week, but futures open interest surged by 5.98%, reaching $4.38 billion, indicating continued investor optimism.
5. Satoshi Nakamoto's holdings represent about 5% of Bitcoin's total supply, highlighting long-term value and scarcity in the market.
Description
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