GM Explorer,

Let’s dive into the incredible stories of early Bitcoin adopters who cashed in massive profits after years of holding—some unimaginable gains that will blow your mind!

Here’s what we got for you today:

• 🤑 Old Bitcoin accounts make epic comebacks!

• 💣 Elon Musk warns of financial crisis!

• 🧱 Around The Block: US Bitcoin ETFs purchase five times more BTC than miners produced in a week.

🤑 Old Bitcoin Accounts Make Epic Comebacks!

Guess what?

Bitcoin’s earliest adopters— the OGs who scooped up BTC back when it cost about the same as a cup of coffee are finally cashing in.

And just so you know, the profits are absolutely mind-blowing!

First up, a wallet that’s been sleeping (or possibly forgotten) since 2010 (when Bitcoin was worth a mere $2) finally moved its stash of 50BTC and sold for a cool $3.3 million, ultimately raking in a “modest” 169,358,650% gain!

But it gets even crazier.🤯

On the same day, another vintage wallet that held 400 BTC for more than a decade (12.4 years, to be precise) reappeared and turned a $2,149 investment into $27 million!

Mind-blowing, right? Well, it’s not a typo; it’s early Bitcoin investor magic at its finest.

Not to be outdone, another patient investor holding 150 BTC since 2011 finally cashed out with a 394,933% gain after 13 years.

Even a “smaller” wallet with just 27 BTC joined the party, walking away with $1.8 million after nearly 11 years.

And wrapping up this parade of profits, a longtime holder of 21 BTC moved their stash, scoring a neat 9,228% gain.

Wondering what’s going on, right? Well, so are we!

We’re beginning to wonder if these old wallets are being forcibly cracked open, or maybe someone found a long-lost wallet tucked away in their Dad’s digital sock drawer.

Because let’s face it—holding onto Bitcoin this long requires some serious patience and discipline or, let’s be honest, maybe a little bit of forgetting.

Either way, while Bitcoin’s been on a bit of a rollercoaster lately, these early adopters are laughing all the way to the (crypto) bank.

For them, patience really was the ultimate virtue.

Want the full scoop? Click here!

💣 Elon Musk Warns of Financial Crisis!

Elon Musk is ringing alarm bells over the U.S. national debt crisis.

During a recent Trump rally, Musk said the U.S. is on the brink of "bankruptcy" and called the government’s $1 trillion annual interest payments a "financial emergency."

The interest payments on the debt account are 23% of all federal tax revenue, exceeding the Defense Department budget, which is also set at $1 trillion a year.

And inflation fears have pushed investors to buy Bitcoin and gold.

The bitcoin price has returned to just below its all-time high of $70,000 per bitcoin this year, and gold is also on the rise.

Interestingly, Tesla still holds approximately 10,000 bitcoins—often dubbed “digital gold”—worth nearly $800 million on its balance sheet.

However, Tesla's recent move to transfer its bitcoins to new wallets has ignited fears that it could be about to cash out.

But get this: Musk's warnings may be a bit dramatic, but they’re rooted in real concerns.

Earlier this year, analysts at Bank of America cautioned that the U.S. debt load is on track to swell by $1 trillion every 100 days, potentially sending Bitcoin prices soaring.

And that by the end of 2024, the debt could reach a staggering $36 trillion.

Adding weight to these concerns, billionaire Paul Tudor Jones has said, "All roads lead to inflation," while revealing that he's “long gold” and “long bitcoin” as a result.

Could Bitcoin be the refuge for investors bracing for a financial storm?🤷‍♀️

Read more on this here.

🧱 Around The Block

• US Bitcoin ETFs purchase five times more BTC than miners produced in a week.

• Fed and ECB plot to ‘tax or ban’ Bitcoin and use price gains to escape $35.7 trillion doom loop.

• Hacker returns $19M after U.S. Govt crypto wallet breach.

• “Walking Bets” host Taylor Mathis shuts down her social media account amid fears she could be in serious trouble for crypto fraud scheme.

• Ethereum rally stalls due to 2-month high-profit taking.

• Gary Gensler’s ‘reign of terror on crypto’ will soon end, says Ripple CEO.

• Tether scrutiny and Middle East tensions trigger $380 million crypto liquidations.

That's all we've got for you today.

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Catch you soon.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions.