What Is BAL

On July 21, CryptoQuant analyst Axel Adler Jr. released data showing that since November 2021, the Bitcoin balance held by OTC trading addresses associated with Bitcoin miners has dropped from 500,000 BTC to 139,700 BTC, a cumulative decline of nearly 72%. This trend has persisted for over four years, indicating that the group's Bitcoin reserves are continuously shrinking.

On May 4, the key events and data forecast for this week are as follows: 1. Monday: ① Data: Final manufacturing PMI for France, Germany, and the Eurozone for April; US factory orders month-on-month for March. ② Holidays: Markets closed in Japan, the UK, Hong Kong, and mainland China. ③ Trump threatens to impose a 25% tariff on EU cars exported to the US this week. 2. Tuesday: ① Data: Reserve Bank of Australia's interest rate decision for May; Switzerland's CPI for April; US trade balance for March, final S&P Global services and composite PMI for April, ISM non-manufacturing PMI, March JOLTs job openings, annualized new home sales. ② Events: Federal Reserve's Williams speaks; Bank of Canada Governor Macklem and Senior Deputy Governor Rogers attend parliamentary hearings; Reserve Bank of Australia announces interest rate decision and monetary policy statement, Chair Lowe holds a press conference; Saudi Aramco announces official crude oil prices around the 5th of each month. ③ Holidays: Markets closed in South Korea, Japan, Hong Kong, and mainland China. ④ Earnings reports: Pfizer, AMD. 3. Wednesday: ① Data: US API and EIA weekly oil reports, April ADP; China's RatingDog services PMI for April; final services PMI for the UK, France, Germany, and the Eurozone for April; Eurozone PPI for March. ② Events: Federal Reserve's Musalem speaks on economic outlook and monetary policy; central bank conducts a 300 billion yuan reverse repurchase operation with a three-month term. ③ Holidays: Markets closed in Japan. ④ Earnings reports: Walt Disney, ARM. 4. Thursday: ① Data: US Challenger job cuts for April, initial jobless claims, March construction spending month-on-month, EIA natural gas inventory, New York Fed one-year inflation expectations, China's foreign exchange reserves for April. ② Events: Federal Reserve's Goolsbee participates in a panel discussion at a conference. 5. Friday: ① Data: Germany's seasonally adjusted industrial production month-on-month for March, trade balance; Switzerland's consumer confidence index for April; Canada's employment numbers for April; US non-farm payroll report for April; preliminary one-year inflation expectations, University of Michigan consumer confidence index, March wholesale sales month-on-month. ② Events: Federal Reserve's Hamrick and Williams speak; domestic refined oil prices will enter a new adjustment window. 6. Saturday: ① Data: China's trade balance for April. ② Events: Federal Reserve's Goolsbee and Daly attend a panel discussion at the Hoover Institution's 2026 monetary policy conference; Putin will deliver an important speech at the Victory Day parade. (Jin Shi)

November 3rd news, market data, affected by the attack event, BAL fell more than 8% in 24 hours, currently trading at $0.907.