The Whale Who Sold at $1, Quantum Warnings, and BTC Bounce Signals

Today’s crypto talk is wild! A massive early-day Bitcoin whale, Owen Gunden, reportedly sold his entire stash — worth $1.3 billion — after buying BTC for just $1 back in 2011. Crazy profit, but shocking timing!

At the same time, analyst Mel Mattison warns that if quantum computers ever crack Bitcoin, then every global bank would be at risk too — meaning Bitcoin isn’t the only thing that needs future-proof security.

Meanwhile, BTC’s recent drop touched the average cost level of ETF investors, similar to dips in April and June 2024, which previously signaled strong rebounds. Are we about to see another bounce?

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