Early Bitcoin Whale Sells Over $600M in BTC After 13 Years of Holding
Bitcoin continues to face strong resistance as it struggles to reclaim higher supply levels, with price action stalling below the $105,000 mark. The market remains caught between cautious optimism and lingering fear, as selling pressure persists but downside momentum appears to be fading. According to on-chain data from Arkham Intelligence, whales have continued to offload […]
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On-chain analytics platform Lookonchain has drawn attention to a 7-year-old Bitcoin whale who is betting big on Ethereum. This comes amid a crypto market pullback, which has seen ETH and BTC record significant losses. Bitcoin Whale Sells $76 Million To Buy Ethereum In an X post, Lookonchain revealed that a Bitcoin OG, which is holding 14,837 BTC ($1.69 billion), had sold 670.1 BTC ($76 million) and opened long positions of 68,130 ETH ($295 million). The whale made this move by depositing the $76 million BTC to Hyperliquid and selling it off before going long on ETH across four wallets,....
On-chain data shows a Bitcoin whale with a 4,000 BTC balance has woken up after a 14.3 years long slumber to spend 150 tokens. Ancient Bitcoin Whale Has Broken A 14.3 Years Long Silence According to data from cryptocurrency transaction tracker service Whale Alert, a dormant wallet with a massive amount of Bitcoin has just […]
Elon Musk’s tech-savvy car company, Tesla, made astounding Bitcoin profits of $600M in Q4 2024, potentially signaling a rosy future for low-cap coins like $BTCBULL. While Tesla’s stash is worth a chunky $1.1B, MicroStrategy is another major firm bullish on crypto, holding $46.97B worth of $BTC. Economic powerhouses like Tesla and MicroStrategy piling up crypto hoards […]
A good portion of the bitcoin supply has been lost due to holders dying or forgetting their private keys. These coins will never be recovered and are regarded as lost bitcoins. They play into the scarcity factor that drives the value of bitcoin up. It is estimated that 20% of the digital asset has been lost. These could technically still be recovered but it is unlikely since losing a private key means losing the coins held in the wallet. Since so much of the asset is lost, the rest remaining in circulation are more valuable than ever, especially given the limited supply of bitcoin.....
Based on reports, a long-dormant Bitcoin whale made a surprise move this week, snapping up 250 BTC for about $26.37 million. It’s the first time this wallet has shown activity in two years. Related Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger The purchase has stirred talk among traders and on-chain analysts alike. Some see it as a sign that big players are getting ready for more action in the weeks ahead. Whale Returns After Two Years According to Lookonchain data, the same whale pulled 500 BTC out of Gemini back in 2022 when Bitcoin was trading near $27,400, a....