A $115 million Bitcoin whale wakes up from a 10-year slumber – what happens next? Bitcoin is still driving the price back up, seeking to get back to the $70,000 price level. The cryptocurrency is currently trading above $69,000, up 1.6% over the past 24 hours. This price volatility occurs during the increase in the increase in the holdings of some whales and some short-term holders. The blockchain analytics platform discloses instances of whale activity on social media. An interesting transaction came from the whale wallet, which recently woke up after 10 years of hibernation, transferring 246 BTC worth $16.73 million. The Bitcoin blockchain is home to a large number of early investors who own a large number of bitcoins that have been dormant for years. In fact, the reboots of dormant Bitcoin addresses have been sporadic over the past six months, especially when the price of Bitcoin has soared to new all-time highs, most of which have caused a buzz and a rise in interest among Bitcoin investors. Allegedly, a new Bitcoin whale address has been added to the roster of wallets that have come back from the dead. The whale address "1CLxmH", which held 1,701 BTC (worth $115 million at the time of writing) during a 10-year hibernation, recently woke up and transferred $16.73 million worth of 246 BTC to another wallet. Interestingly, on-chain data shows that whale addresses received 4,272 BTC throughout 2013 at an average price of $29.39. The reactivation of old dormant wallets is usually driven by whales looking to sell all or part of their assets. Large-scale sell-offs like this often cause prices to plummet and increase selling pressure on short-term investors. However, the motivation for dormant address reactivation is unpredictable, and not all addresses indicate profit-taking. In this case, the transaction data shows that the assets are transferred to two new private wallets. 50 BTC was transferred to the address "1PRREb", while 195 BTC was transferred to the address "bc1qga". As of this writing, the address "1CLxmH" still holds 1,455 BTC, worth $100.89 million. In the spirit of whale accumulation, a new purchase from another whale address is outlined. The address has bought a total of 1,308 BTC worth $89.75 million at an average price of $68,617 since March 6, and another 1,137.35 BTC worth $7.85 million from the exchange less than 12 hours ago. Bitcoin is trading at $69,348, and the wallet currently holds $90.7 million worth of cryptocurrency. Blockchain analytics platforms have noticed this accumulation pattern of whales, showing that wallets holding between 100 and 100,000 BTC have bought $21.6 billion worth of crypto in the last three months. (Source: Scott Matherson)

PANews reported on March 18 that, according to Fortune magazine, the U.S. Department of Justice's document recommending FTX founder Sam Bankman-Fried (SBF) to spend 40 to 50 years in prison disclosed a secret memo that SBF wrote to himself after the collapse of FTX, revealing that it had developed a plan to deceive the public again. In its memo, SBF wrote: "Go ahead, Tucker Carlson, show that you are a Republican...... Stand up against the woke agenda. Prior to that, he had been committed to the Democratic Party, where his mother was the main fundraiser. Tucker Carlson, a former Fox News presenter who was later fired, leaned toward conservatism in his politics and was a frequent critic of Democrats and liberalism. SBF has shown time and time again that he thinks he is smarter than everyone else and that he cannot take any responsibility for the many bad things he has done. In addition to Tucker Carlson's idea, SBF also described a plan to blame his lawyer, his ex-girlfriend and the bankruptcy team that oversaw his bankrupt company — everyone but himself — for the collapse of FTX. At the same time, the memo outlined plans to appear on ABC with the writer Michael Lewis and debate with Bloomberg columnist Matt Levine as a sign that he was a good guy after all. The Justice Department summed up his hoax well, writing in the memo: "The point is that the defendant has an incentive to initiate his redemption narrative and is already thinking about how to make it up." "The reality is that he will choose a narrative, lean into it, and convince others to shell out based on lies and promises of false hope. ”

Ethereum (ETH) The price has reached $3,000 today, two years later, will there be a Long increase? Market Cap's second-largest Crypto Assets Ether coin (ETH) hit its highest level since April 2022. Ethereum's native Crypto Assets briefly topped $3,000 before quickly facing a price correction. In recent weeks, the entire Crypto Assets market has been filled with bullish sentiment following massive inflows into the recently launched Spot Bitcoin ETF (Exchange Traded Fund). Since the SEC approved Bitcoin ETFs, eyes have turned to the possibility of other spot crypto-based ETFs in other Crypto Assets like ETH and XRP. Speculation surrounding the approval of the Ethereum ETF in May was one of several factors driving the recent price surge. The anticipation of the approval and launch of Bitcoin-based investment products has filled the crypto market with positive sentiment about the upward trend of Bitcoin prices. As previously reported, Options traders expect the price of the Crypto Assets to reach $4,000 in the coming months. This predicted price range will be close to the Token's all-time high (ATH) of $4,800 during the last market Bull Market in November 2021. However, the first test of the move towards $4,000 is the $3,000 resistance level. As Ether rekindles momentum, analysts assess its movement and believe that $3,000 could be a milestone after the digital asset showed strong resistance in the $2,800 support zone. Today, the second-largest Crypto Assets temporarily broke through this key resistance zone, an achievement not seen since the end of April 2022. However, Ethereum's native Token could not maintain momentum for long and faced a price pullback to the $2,900 level. Recent developments in Ethereum prices have made Xu Long investors optimistic about the second largest Crypto Assets. Some analysts have even made bullish forecasts for the AltCoin market as a whole. Whales have also reacted to ETH's recent uptrend. According to Spot on Chain's X post, a Whale allegedly bought 54,721 ETH for $2,845 24 hours before the post. The value of these transactions is around $155.7 million, indicating that the large players in the market have a positive attitude towards the asset. However, according to the Blockchain analytics platform, a dormant whale involved in the Ethereum ICO woke up after 8 years. After the price of ETH exceeded $3,000, the Whale appeared to deposit about half of its ETH holdings into an exchange. The deal transferred 1,732 ETH worth about $5.15 million to a Crypto Assets exchange. The deal sparked slight concerns that a massive sell-off could affect ETH's upward trend. Crypto Assets investors are now wary of large holders trying to dump assets to profit from rising markets. ETH is currently trading at $3001.67, up 2.61% from the previous hour. Not only that, but the price is still up 11.2% in the last week. More notably, the daily trading volume of Ether increased by 47.10% to $20.6 billion in the last 24 hours, indicating an increase in market activity. Similarly, ETH easily maintained its position as the second-largest Crypto Assets by Market Cap, rising 0.82% on the final day to reach a total Market Cap of $351.29 billion. (Source: Rubmar Garcia)

PANews reported on January 4 that in response to the "Matrixport report caused the market crash", Wu Jihan responded again on the X platform: "This sudden event slightly disrupted my vacation, and when I woke up, I found that Matrixport's analyst report was actually responsible for the market crash." The pot is not heavy. Markus, an analyst at Matrixport, did not express conflicting views on the same day. He posted one opinion on Tuesday and the opposite on Wednesday. Our analyst did adjust his view. In this ever-changing market, it should be seen as a capability and advantage to calmly do "today is not yesterday" and adjust your views in a state of "turning your face faster than turning a book". If you're a trader, you don't want to work with an analyst who is stubborn about what he saw yesterday. It is possible that he has realized that he was wrong yesterday, but he is too embarrassed to admit and tell you. Matrixport works with many talented analysts, and their ability to quickly change views continues to be highly appreciated by Matrixport's clients. Wu Jihan once again emphasized that Matrixport analysts are encouraged to work independently, and management does not interfere with specific views. Previously, Matrixport released a report saying that the US SEC may reject all BitcoinSpot ETFs again. Wu Jihan has previously responded that Matrixport analysts' opinions are not influenced by management, and the SEC's approval of BitcoinSpot ETF is inevitable.

[ BlackRock IBTC up and down 👀 on DTCC list ] Last night, in the middle of the night, the news suddenly came that IBTC was removed, but when I woke up, I said that it was on the shelves again, only to change from "Y" to "N" in Create/Redeem What does this operation mean? Objectively speaking, the current funding orientation is insufficient; But it is indeed rising, technically it also breaks through the important pressure position to turn support, the quadrennial halving cycle is indeed coming, the 200-week moving average, the bull market support line is also really stepping on, and the rainbow chart of Bitcoin is indeed slowly climbing at the bottom, and the price is definitely a relative low in the long run But this kind of rising by news always feels very unsteady, it must have scared me with the 519 slash in 21, I don't know if anyone has the same PTSD 🥹🥹🥹 as me Track the market ✅ Follow 👍 and press up #Cryptocurrency##Circle#News##BTC

Golden Finance reports that on-chain data shows that three dormant Bitcoin addresses established in January 2012 have been awakened, and a total of 325.19 Bitcoins worth more than US$8.6 million have been transferred after 11 years of dormancy.

Jinse Finance reported that according to Spot On Chain monitoring, a smart giant whale woke up after five months of dormancy, and exchanged 1.52 million USDC for 907.4 ETH at a price of 1,680 US dollars 21 hours ago. Notably, this whale had bought lows and sold highs in all previous ETH trading cycles and made a profit of around $600,000.

Jinse Finance reported that on August 12, 391.305 BTC worth $11.4 million woke up from long-term dormancy. This notable event occurred via four separate transactions, all directed to the address "bc1qn". The user previously owned 195.795 Bitcoin Cash (BCH) and spent it all on December 7, 2017. Thereafter, on August 12, 2023, at block heights 802,872 and 802,879, 100 and 66.589 bitcoins were transferred, respectively, the first change since April 2014. Furthermore, at the same block height, since March 22, 2014, 28.93 BTC were transferred for the first time in more than 9 years.

The Ethereum whale burned 2,500 ETH and shocked the ETH community. What's going on? A mysterious whale with the Ethereum address "nd4.eth" sent $4.5 million worth of Ether (2,500 ETH) to a "burn" address, taking the tokens out of circulation forever. This intriguing incident has sparked debate - who is this mysterious whale? The incident came to light on Aug. 6, when blockchain analyst "degeneratewisdom" tweeted the question: "Can anyone here explain this transaction to me? Looks like nd4.eth sent 2500 ETH to a defunct address .doesn't look like a rookie mistake either." The tweet shone the spotlight on a massive 2,500 ETH transfer by nd4.eth to an inactive address, sparking criticism within the crypto community about this deliberate and seemingly well-thought-out move. speculation about the underlying intent behind it. The concept of "burning" tokens is to send tokens to an address, making the tokens permanently unusable, thereby reducing the overall supply of a particular cryptocurrency. However, the reasons behind nd4.eth's decision to wipe out such a large amount of ETH remain elusive. To dig deeper into the incident, analysts from on-chain analytics firm Lookonchain revealed more details about the people behind nd4.eth. “The person who transferred 2,500 $ETH ($4.58 million) to a dead address on July 26 was a whale with 34,287 $GMX ($1.84 million) and 311,003 $GNS ($1.43 million). He spent July 29 5,330 $DAI bought $GMX and $GNS and moved 34.9 $GMX ($1,989) and 600 $GNX ($2,733) to dead addresses,” Lookonchain wrote on Monday. While the crypto community is still speculating about the reason for the "$4.5 million burn," there is no doubt that the "nd4.eth" address, for whatever reason, has contributed to the growth of the Ethereum ecosystem. His actions also furthered the narrative of Ethereum as a "super currency." Wildcat Protocol creator Laurence Day jokingly praised the man, saying, “If you woke up this morning without thanking nd4.eth for its contribution to the ultrasonic money narrative, I want you to think hard Describe what you want to achieve here." Indeed, token burning is deflationary, usually to reduce the token’s circulating supply, helping stimulate demand and increasing its market value. (Data source: Scott Matherson, Newton Gitonga)

Jinse Finance reported that according to Spot On Chain monitoring, the giant SHIB whale 0x140 woke up after 157 days of dormancy, and sent 4 trillion SHIB ($30 million) to 8 new wallets about 16 and 2 hours ago. It is worth noting that this whale purchased 103 trillion SHIB with 37.81 ETH (approximately US$12,500) in 2020, with a peak value of US$8.16 billion.

Gary Gensler woke up today and chose violence