Long-Dormant Bitcoin Whale Transfers 11,300 BTC, Sparking Market Speculation
The Bitcoin weekly chart is sitting at a crossroads. The price is pushing against a resistance zone between $78,000 and $80,000 — a level that analysts say could determine whether the market shifts direction or slides further down. Related Reading: XRP Bulls Eye Breakout As Ripple Unveils 13,000 Bank Connections Worldwide Old Wallets Break Their Silence Two Bitcoin wallets, each dormant for more than 14 years, moved large amounts of BTC on May 3, according to data shared by on-chain analytics firm Alphractal. One wallet sold 11,300 BTC, valued at roughly $750 million. The other went the....
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Bitcoin (BTC) is trading in a sideways consolidation phase after hitting its all-time high near $124,000, with volatility keeping investors cautious. The price has been fluctuating in a relatively tight range, showing resilience but also failing to establish a clear directional trend. For many traders, this period feels like the calm before a potential breakout, as the market sits at what analysts describe as a pivotal setting. Related Reading: Bitcoin Consolidates Above $115K As Market Eyes Fed’s Sept 17 Policy Move While short-term traders navigate intraday moves, long-term investors are....
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 […]
On-chain data shows a Bitcoin whale has moved a 3.7k BTC stack that had previously been sitting idle since 10 years ago. Bitcoin Whale Suddenly Transfers Coins Sitting Idle Since 2012 As pointed out by an analyst in a CryptoQuant post, these coins moved by the OG whale had been sitting still since the crypto’s […]
The crypto market has now seen a much-needed recovery after weeks of flat market prices. Most digital assets in the space are currently in the green and Ethereum is no different. The second-largest cryptocurrency by market cap is up by more than 14% in the last 24 hours, plunging more investors into profit. Just like everyone else, a dormant whale has roused from their sleep to benefit from the current market recovery. Ethereum Whale Wakes Up Through the recovery that has rocked the crypto market, none has been more interesting than the ETH whale that has roused after more than 6 years of....
Recent events have seen the Bitcoin market show fresh vitality; the price of the coin exceeds $63,000. This spike coincides with a slew of noteworthy occurrences that both experts and investors have noticed. Related Reading: Ethereum Seen Hitting $5,000 as German Bitcoin Sell-off Shakes Market Dormant Wallet Turns Into Action The turning on of a long-dormant Bitcoin wallet is among the most interesting events. Known as “1 EhXAfST,” the wallet had been dormant for almost 12 years until abruptly sending 1,000 BTC—worth about $60 million—to two new wallets. Given the....