🤔 #BTC Sentora: Although institutional money continues to flow into Bitcoin, on-chain data show that wallets holding more than 1,000 BTC have been steadily reducing their balances.
Rather than signaling weakness, this redistribution reflects a maturing market. Older “whale” coins are dispersing, a dynamic that should ultimately strengthen Bitcoin’s long-term prospects.
Rather than signaling weakness, this redistribution reflects a maturing market. Older “whale” coins are dispersing, a dynamic that should ultimately strengthen Bitcoin’s long-term prospects.
Crypto News Aggregator by EXCAVO
📊 34% of Ethereum transactions now involve stablecoins
📈 Ethereum weekly stablecoin senders hit ATH in June
At its peak, 776.6K stablecoin senders were recorded on Ethereum in a single week.
Key drivers of this growth include the rising stablecoin supply, increased bot activity, and growing institutional interest and adoption. #ETH #stablecoin
At its peak, 776.6K stablecoin senders were recorded on Ethereum in a single week.
Key drivers of this growth include the rising stablecoin supply, increased bot activity, and growing institutional interest and adoption. #ETH #stablecoin
📊🤔 #BTC BitMEX reports a 90% drop in extreme Bitcoin funding rates since 2016 — highlighting a maturing, more stable and institutional crypto derivatives market.
🇺🇸🇯🇵 Trump doubts he will get a deal with Japan and plans to impose duties of 30-35%. #tradewars
🗽👀 #BTC Figma has filed for an IPO. The filing states that the company is holding $70 million worth of BTC-ETF and the board has approved the purchase of another $30 million worth of BTC.
🕵️♂️ 273,538,507 #USDT transferred from OKEX to unknown wallet
📊 #BTC Bull Score is in neutral territory now– 50. Needs to be 60 or above for prices to sustain a rally. 40 puts us in a bearish area.
📊📈 #BTC Matrixport: July has historically been Bitcoin’s strongest summer month — average +9.1% return over the last 10 years. In the coming weeks, Bitcoin may prepare for another rally and reach the $116,000 mark.
🇺🇸🙅♂️ Arizona's governor vetoed a bill that would have created a reserve fund from confiscated cryptocurrencies. theblock.co
🇪🇺 The EU central bank is exploring how to use distributed ledger technology (DLT) to make the payment system more efficient. coindesk
📊 The ratio of DEX and CEX futures trading volume has reached an all-time high of 8%. theblock.co
🔍🐳 Whale Transactions:
1. Whale transferred 2,450 #ETH ($5.94M) to Kraken after 3 years of inactivity, $2.74M profit;
2. Ethereum ICO participant sold another 501 ETH. He bought $16,000 $ETH($4,960) for ~$0.31 via 2 wallets during the ICO and later bought 804 ETH ($369k) from exchanges at $459 in 2017.
Since April 2021, he has sold 14,394 ETH($50.11m) at an average price of $3,482. He still holds ~2,410 ETH($5.85m). Total profit: $55.6 million;
3. 2 whales (1, 2) sold 8.2 million #Fartcoin ($8.43 million).
1. Whale transferred 2,450 #ETH ($5.94M) to Kraken after 3 years of inactivity, $2.74M profit;
2. Ethereum ICO participant sold another 501 ETH. He bought $16,000 $ETH($4,960) for ~$0.31 via 2 wallets during the ICO and later bought 804 ETH ($369k) from exchanges at $459 in 2017.
Since April 2021, he has sold 14,394 ETH($50.11m) at an average price of $3,482. He still holds ~2,410 ETH($5.85m). Total profit: $55.6 million;
3. 2 whales (1, 2) sold 8.2 million #Fartcoin ($8.43 million).