Property Market is red-hot

Pigeon Hole is still a more worthwhile asset to hold vs Cypto, u agreed?​

Bitcoin Whales Are Offloading Their Bags on Institutional Investors​

By Matt Novak Published July 3, 2025 | Comments (20) |
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© Shutterstock / egaranugrah
The reason the price of Bitcoin has been stuck is pretty clear.


Bitcoin enthusiasts have been perplexed lately. Why is the price so stagnant, even with all the hype created by guys like President Donald Trump? The White House has largely been seen as enacting a pro-crypto agenda and even got its first crypto czar in David Sacks, after all. You’d think prices would be soaring. Well, there’s a simple answer, according to a new report from Bloomberg News. And the average, non-wealthy crypto trader probably isn’t going to like it.

According to Bloomberg, the longtime whales, which includes Bitcoin miners, offshore funds, and anonymous wallets held by shady figures, have been dumping their bags over the past year. Who have they been selling to? The institutional players like ETFs and asset managers. Essentially all the people who invested years earlier when the price was much lower are cashing out to people who have a lot of money to play with.

“Underneath the surface, long-dormant whales have been trimming positions just as institutions ramp up their buying. And this switchover is gradually recasting Bitcoin’s identity from a high-octane trade to a slow-burn allocation,” as Bloomberg puts it.
 
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The garment is clueless at all to cool the property market.
Desmond has completely failed to cool the property and HDB resale flat market before he was transferred to MOE,
Does Chee has any idea of cooling our red hot property market? What do you think?
S'poreans are not receiving much value for the billions of dollars of taxpayers' money going to feed these overrated and overpaid politicians.
 
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