On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest…
The U.S. government may adopt Bitcoin as a strategic reserve to address mounting national debt and economic challenges. Political and corporate interest in Bitcoin grows, aligning with historical strategies for long-term financial diversification. The likelihood of the US government becoming the biggest Bitcoin whale by 2045 is no longer just speculation. A big change is…
On Nov. 14, 2024, a mysterious mega whale, tracked by our newsdesk since 2020, splashed back onto the scene by shifting an impressive 40 block rewards from 2010—a total of 2,000 BTC. This rare transaction, the first of its kind in well over a decade, has onchain watchers buzzing as this major holder once again…
The Bitcoin market is witnessing a significant shift in whale activity, with new players rising rapidly. CryptoQuant CEO Ki Young Ju says the Realized Cap of new Bitcoin whales spiked in 2023. This metric measures how much overall cost each coin has. Each Bitcoin is valued at the price they last traded in the further…
A dormant Bitcoin whale from 2009 transferred $3.58M to Kraken, sparking speculation about Satoshi Nakamoto’s identity. The whale still holds over 1,169 BTC, mined just one month after Bitcoin’s mainnet launch. Data provided by Arkham indicates that a Bitcoin whale dormanting since 2009 has awakened and transferred $3.58 million worth of BTC to the Kraken…
An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today. Arkham: Vintage Bitcoin Whale Sends 5 BTC to Kraken After Years of Inactivity…
In the Lookonchain report, a Bitcoin whale was identified to have sold 200 BTC for $11.6 million. The whale had not been seen active for the last five months. This whale is said to have been buying BTC at low prices. And selling them at market prices and has been making profits repeatedly. Currently, the…
A long-dormant Bitcoin whale just made 230% profit when he liquidated his holdings. The whale cashed out $12.18 million by moving 203 BTC to Binance late on Friday, according to data from Lookonchain. Data reveals that the whale split his wealth among seven wallets after purchasing it for $5.29 million for four transactions. Interestingly, he…
Bitcoin (BTC) whale transactions have dropped significantly since its price peak in March this year. Recent statistics show that large transactions of $100,000 or above have decreased by 33.6%. This slowdown has been a major shift in market dynamics, especially from the groups that have been known to push the price substantially. This is, however,…
A Bitcoin whale transferred 800 BTC, equivalent to $45.37 million, from Binance 17 hours ago, as per on-chain data. This specific whale has been identified as buying Bitcoin at high prices and selling it at losses. In the last three months, this individual has made losses totaling over $40 million due to improper trading. This…
In its latest report, blockchain analytics platform Lookonchain reported that a Bitcoin whale sold 100 Bitcoins worth $5.35 million. It seems that the whale sold in panic as the king coin’s price crashed all the way under $53,000 late Friday. The Bitcoin whale reportedly minted a profit of $206,000 on its massive event while selling…
Bitcoin whales, which were inactive for the past ten to twelve years, continue to resurface. Recently, Whale Alert has reported that another wallet has returned to the market after several years of inactivity. When this whale first entered the Bitcoin market, the community was still shrouded in the mystery of Satoshi Nakamoto. Since then, the…
As the Bitcoin price continues to drop, an anonymous whale bought 545 BTC, equivalent to $30.82 million. This latest purchase comes a few days after the whale also bought 862 BTCs, equivalent to $49 million. On average, the acquisition cost for these transactions is $56,993 per Bitcoin. Over the past day, the coin has shown…