bitcoin
Bitcoin (BTC) $ 95,598.61 0.89%
ethereum
Ethereum (ETH) $ 2,686.41 4.46%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.46 5.00%
bnb
BNB (BNB) $ 639.86 3.72%
solana
Solana (SOL) $ 158.33 8.05%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.229941 6.79%
cardano
Cardano (ADA) $ 0.73356 6.22%
staked-ether
Lido Staked Ether (STETH) $ 2,683.35 4.04%
Blog

Third-Largest Bitcoin Whale Transfers All BTC Holdings to Coinbase

Third-largest Bitcoin whale has finally emptied its BTC holdings after demonstrating a long-term accumulation trend.

  • As per BitInfoCharts, the whale bought a total of more than 207k BTC since 2019 before transferring all of it.
  • The move coincided with Bitcoin posting gains for three straight days before topping $24,000, the highest level since mid-June.
  • Over the past three days, the address transferred total funds worth 132,881.88 BTC to Coinbase.
  • It transferred the remaining 29,235.28 BTC to the crypto exchange today.
  • CryptoQuant’s Ki Young Ju speculated that this might just be an internal transfer to a cold wallet or custodian wallet, highly likely owned by Gemini.
  • The exec also dismissed the rumor about potential dumping by the entity and said that it couldn’t be a user deposit to a crypto exchange’s hot wallets for selling Bitcoin.
  • Earlier this month, the whale address purchased 1,416 BTCs and added another 601 BTC as the market downturn deepened, triggering Bitcoin’s fall below $20k.
  • CryptoPotato has been tracking the address for quite some time and observed strategic buying during dips.
  • These activities are not typically depicted by an exchange’s cold wallet.
Related Posts
Binance-to-discontinue-busd-support-in-q1-2024
Cryptocurrency News Feeds

Binance to Discontinue BUSD Support in Q1 2024

Crypto exchange giant Binance will stop support for BUSD by 2024 after Paxos halted minting the stablecoin following a regulatory clampdown. The firm, meanwhile, has asked users to convert their BUSD to FDUSD, a stablecoin recently listed on the Binance platform. Binance, in an announcement on Aug. 31, revealed that it will delist BUSD spot
Here’s-when-shibarium-will-re-launch-following-initial-hiccups
Cryptocurrency News Feeds

Here’s When Shibarium Will Re-Launch Following Initial Hiccups

On Aug. 20, Shibarium, the company behind the popular Shiba Inu cryptocurrency, released an important update on their ongoing development efforts. In a recent blog post, the Shibarium team provided insights into the current status of their blockchain and the steps they are taking to optimize its performance, aiming for a secure public re-launch. Shytoshi…
Why-is-the-ripple-(xrp)-price-up-today?
Cryptocurrency News Feeds

Why is the Ripple (XRP) Price Up Today?

TL;DR Ripple’s XRP price surged to $0.62, potentially due to successive legal victories against the SEC, including a partial win in July and dismissal of charges against Ripple executives. The positive sentiment around Ripple is bolstered by expectations of a near-complete win in the ongoing legal battle, with a decisive trial set for April 2024.
Eth’s-biggest-challenge-before-$2k:-ethereum-price-analysis
Cryptocurrency News Feeds

ETH’s Biggest Challenge Before $2K: Ethereum Price Analysis

Technical Analysis By Shayan Last week, Ethereum displayed an interesting sign by surpassing the 100-day moving average, indicating the growing interest. However, a significant hurdle lies ahead, represented by the 200-day moving average. A breakthrough at this level could reignite substantial demand in the market. The Daily Chart Upon inspecting the daily chart, a robust
Loading data ...
Comparison
View chart compare
View table compare
Back To Top