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,....
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 […]
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 […]
A whale-sized XRP investor holding since more than five years ago finally transferred their coins this month, locking in a huge amount of profit. XRP Whale Recently Realized Over $721 Million In Profits In a new post on X, Glassnode senior researcher CryptoVizArt.₿ has talked about a huge profit-taking transaction that recently occurred on the […]
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.....