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The crypto market has been experiencing a dynamic period recently. Bitcoin (BTC), the leading cryptocurrency, has been showing resilience despite broader market fluctuations. Posts on X from late March indicate Bitcoin trading around $85,000-$87,600, though it faced downward pressure alongside macroeconomic factors and a significant options expiry event. Ethereum (ETH) was reported at approximately $1,895-$2,069 during the same period, reflecting a decline of about 6% on March 28. Other major altcoins like Solana (SOL) were also down, trading near $131 with a 5% drop on that date.
Fast forward to today, a notable development from X posts indicates market activity involving a wallet potentially linked to World Liberty Financial, which sold 5,471 ETH (worth $8.01 million at $1,465 per ETH) after purchasing 67,498 ETH at a higher average price of $3,259 earlier. This suggests a significant loss of around $125 million and highlights ongoing volatility in ETH pricing. Meanwhile, BlackRock’s partnership with