Trump's Bitcoin Reserve Odds Drop Amidst Crypto Shifts

The probability of former U.S. President Donald Trump establishing a strategic Bitcoin reserve within 100 days of taking office has dropped to 10% on Polymarket, a prediction market platform. This decline in probability comes amidst a broader shift in the cryptocurrency landscape, with significant transactions and movements in various digital assets.

In recent hours, the LayerZero Foundation's multi-signature address has deposited 1 million ZRO tokens to Coinbase, valued at approximately $3.06 million. This transaction suggests a strategic move by the foundation, potentially indicating a shift in their investment strategy or a response to market conditions.

Meanwhile, a prominent crypto investor, known as a "whale," has realized significant gains from their investment in SHADOW tokens. The investor purchased SHADOW at an average price of $9.75 around 20 days ago and has since earned approximately $1.72 million, highlighting the potential for substantial returns in the volatile cryptocurrency market.

Several crypto key opinion leaders (KOLs) have sold off their received KAITO token airdrops, indicating a potential shift in their portfolios or a response to market dynamics. In a related development, Wintermute, a prominent market maker, has withdrawn 3,085,000 KAITO tokens from Binance and OKX over the past 12 hours, equivalent to approximately $5,060,000. This transaction suggests a significant movement in the KAITO market and may reflect broader trends in the cryptocurrency ecosystem.