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So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC. A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months. According to the Redditor, whose account is crudely named “Vaginosis-Psychosis,” they now have a total of 2.65 BTC, which is worth $80,400 at current prices, and are betting big on the price of BTC hitting $100,000 by early 2025. In a June 30 post on r/CryptoCurrency, the user gave a run down on how they approached the highly risky method of getting their hands on BTC. Post on r/CryptoCurrency. Source: Reddit. The first two loans were taken out in February and June of 2022, totaling $15,000 and $20,000 apiece. They had a fixed annual percentage rate (APR) of 6% and 4.9% each, with monthly payments totaling $225 and $326. The third loan worth $24,000 was then taken out i...

According to the data on Etherscan.io, the 8th largest Shiba Inu (SHIB) whale purchased $26.1 million worth of SHIB tokens. The whale’s address added 2.80 trillion SHIB tokens, bringing the total to 13.93 trillion. The value of the SHIB tokens held by the whale is an eye-watering $129.48 million. Source: Etherscan.io On November 9th, 2022, this whale purchased 130 billion SHIB tokens for $1.20 million in a single transaction. The whale added another sizable piece the following day, totaling 120 billion SHIB and costing $1.11 million. The whale purchased 3.05 trillion Shiba Inu tokens in the last 30 days, worth a staggering $28.30 million. However, in contrast, the top Ethereum whales are decreasing their SHIB holdings. According to Whalestats, Shiba Inu (SHIB) only makes up 3.26% of the total holdings of the top 100 Ethereum whales. Source: Whalestats The decrease in Shiba Inu holdings is most likely due to the general bearish sentiment in the crypto market. Other ...

The NFT hype was at its peak in the beginning of this year. Top companies from different sectors around the world dipped their toes into the into this space. In fact, even prominent celebrities ended up scooping different, yet trendy, collectibles. In January, for instance, Canadian singer Justin Bieber purchased one NFT from the Bored Ape Yacht Club collection. At that time, he shelled out around $1.31 million to acquire the same. Fast forward to today , the floor price of the same NFT stands at merely $74,382. Alongside, at press time, the best offer on the OpenSea marketplace was even lower and stood at $66,781. Justin Bieber purchased this Bored Ape NFT in January for $1.31 million . Today, it’s worth $74,382. pic.twitter.com/ovG4hhv2cl — Watcher.Guru (@WatcherGuru) November 17, 2022 When the singer bought the NFT, people from them space gladly welcomed him to Yacht Club. Nonetheless, questions were raised as to why he spent such a high amount to buy that...