Large-scale on-chain movements are influencing prices; notably, Bitcoin pioneer Erik Voorhees recently moved approximately $6.8 million into gold-backed tokens. This institutional-grade "whale" activity is providing a buffer against recent sell-offs in the broader crypto market. $PAXG #GateSquare$50KRedPacketGiveaway
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The "Voorhees Effect" on Liquidity
Large-scale on-chain movements are influencing prices; notably, Bitcoin pioneer Erik Voorhees recently moved approximately $6.8 million into gold-backed tokens. This institutional-grade "whale" activity is providing a buffer against recent sell-offs in the broader crypto market.
$PAXG #GateSquare$50KRedPacketGiveaway