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Showing posts with the label whale

Bitcoin: This 2009 BTC Miner Made Over $80 Million

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According to cryptocurrency Analysis firm Arkham, a Satoshi-era Bitcoin (BTC) whale recently sold $9.68 million worth of coins. The whale began mining BTC just five days after the asset’s genesis block in 2009. The whale still has around $72.09 million worth of BTC, meaning it had more than $80 million before the sale. Also Read: Shiba Inu (SHIB) & Dogecoin Price Prediction For November 2024 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗔𝗡𝗖𝗜𝗘𝗡𝗧 𝟮𝟬𝟬𝟵 𝗪𝗛𝗔𝗟𝗘 𝗦𝗢𝗟𝗗 $𝟵.𝟲𝟴𝗠 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 We’ve been tracking an ancient Bitcoin whale who mined thousands of BTC, starting only 5 days after the first block in 2009. He’s now sold $9.68M BTC in total – and has $72.09M BTC remaining. https://t.co/juZlzhPtfc pic.twitter.com/YO9s6jxbdc — Arkham (@ArkhamIntel) October 21, 2024 Why Is The Bitcoin Miner Selling? Source – Bitcoin.com The BTC whale may be booking profits after holding for more than a decade. Given that we are approaching the US presidential elections, the individual may be ...

Cardano whale activity up 10x; Will ADA break the $1 barrier?

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As the market started to get exciting with several cryptos registering green, Cardano  (ADA) also stood out, showcasing notable developments Cardano has seen a significant surge in whale activity recently, leading to speculation about its future price potential.  Market intelligence platform IntoTheBlock revealed in an X (formerly Twitter) post that Cardano whale s—those holding between 100 million and 1 billion ADA—have added 11% more ADA to their holdings over the past month.  Picks for you Bitcoin whale trader turns bullish, stacks $175 million BTC in May 1 hour ago Is the recession here? U.S. delinquency rate surges to highest level in 14 years 2 hours ago Venezuela to shut down cryptocurrency mining farms 17 hours ago Here's when Solana could hit $200 18 hours ago Cardano whale s holding between 100m and 1b $ADA have added 11% to their balances over the past 30 days. This group now holds 6.71% of the entire $ADA supply. pic....

Dormant Bitcoin whale activates after 10 years with $100 million

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A Bitcoin (BTC) address holding 1,701 BTC, worth $115.41 million, has been inactive since 2014. The 10-year dormant Bitcoin whale activated its ancient address to make a 50 BTC transaction on April 6, Saturday. Interestingly, this is a legacy Bitcoin wallet address, identifiable through the ‘1’ on its beginning, as in ‘1CLxm…1oeUZ‘. Previously, the whale spent 2,570 BTC on February 18, 2014, worth $1.60 million with Bitcoin priced at $625. It then became inactive for the following 10 years , having received 4,272.29 BTC total, throughout its history. If kept, these total receivings would now be worth nearly $300 million . Picks for you Ethereum at 3-year low vs. Bitcoin; Is the flippening over? 19 hours ago Solv Protocol introduces a reward system and reveals airdrop plans 22 hours ago 3 cryptocurrencies to avoid trading next week 23 hours ago Bhutan increases Bitcoin mining power 6x ahead of BTC halving 23 hours ago Wh...

Bitcoin price prediction as whales dump $3 billion

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Bitcoin (BTC) is currently undergoing a sell-off, marking the first time since December 2023 that the flagship cryptocurrency has dropped below the $40,000 support zone. This selling pressure aligns with a phase where Bitcoin whale s are actively dumping a significant portion of their holdings. Notably, data from cryptocurrency analyst Ali Martinez revealed that as of January 23, Bitcoin whale s had unloaded nearly 70,000 BTC, almost $3 billion , within the past two weeks. Bitcoin whales selling activity. Source: Ali Martinez It’s worth noting that the recent activity of the whale s has unfolded against the backdrop of the approval of the spot Bitcoin exchange-traded fund (ETF), deemed a bullish catalyst for the cryptocurrency. The product has recorded significant outflows with Grayscale Bitcoin Trust (GBTC) accounting for the highest share.  At the same time, the selling pressure could be interpreted in various ways, such as whale s taking some of their profits followin...