According to Wu, David Hoffman, co-founder of Bankless who previously announced he had sold all his Ethereum holdings, posted that Bitcoin's current price is right at the 200-week moving average (MA). Looking back at history, the only time BTC fell below this line was after the consecutive collapses of Terra, Three Arrows Capital, and FTX, which marked the most severe chain liquidation event in crypto history. He emphasized that he doesn’t believe the toxicity of measures like the convertible bonds issued by Michael Saylor’s Strategy is anywhere near the level of those past collapses. He also shared the cost prices of several tokens he recently purchased: NEAR at approximately $1.4, HYPE at around $45, and ZEC at about $560. https://www.(wublock123.com)/news/news-62223