The post Crypto Whales Are Buying Into Lunex Network As Bitcoin And Stagnate  appeared on BitcoinEthereumNews.com.

While Bitcoin (BTC) and Ethereum (ETH) managed to regain some ground, savvy investors understand that their massive market caps severely limit their upside potential, making them more viable as stores of value rather than investment vehicles.  For this reason, projects with untapped potential, like Lunex Network (LNEX), emerge as attractive alternatives for market participants looking to secure asymmetrical ROI. Lunex Network in particular stands out with its unique cross-chain protocol that could soon become a dominant force in the DEX landscape while minting the next generation of crypto millionaires.  Could Bitcoin Reclaim $100,000 Soon? Yesterday Bitcoin saw a flash correction and tapped the $93,000 support zone, but as buyers stepped in the BTC price rebounded by 2.5%, reentering the trading channel around $96k. Despite this slight Bitcoin recovery, uncertainty is still prevalent as geopolitical tensions are ramping up, along with the lingering fears of a full-blown trade war between the US and China. To make matters worse, stablecoin supply has stagnated, with a minimal 0.37% increase in the past month, contrasting with the significant inflows observed in late 2024.  On a more bullish note, institutional players keep bidding. Tokyo-based investment firm Metaplanet has increased its Bitcoin holdings to 2,031 Bitcoin after purchasing an additional 270 BTC for approximately $25.8 million. The company plans to hold 10,000 BTC by the end of 2025 and 21,000 BTC by 2026, reinforcing its commitment to Bitcoin despite market volatility. Ethereum Rebounds, But Gains Are Modest Ethereum also rebounded by roughly 3.3% on the daily timeframe and is currently selling for $2,700. However, a decisive reclaim of the $2,800 resistance continues to elude investors as this is where selling pressure intensifies and pushes the price downward. Ethereum ETFs have recorded a substantial $354 million in net outflows since the start of February as market participants…

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Filed under: News - @ February 23, 2025 2:27 pm