Lookonchain APP

App Store

BiyaPay Analyst: Bull Run Terminated, 20,000 BTC Dormant for 14 Years Moved, Bitcoin Plunges from 110K

2025.07.06 18:00:14

July 6th: A Bitcoin holder has recently transferred 20,000 BTC that had been dormant for more than 14 years. The market value of these bitcoins is approximately $2.18 billion. The transfer of these 20,000 BTC triggered a strong reaction in the market, causing the Bitcoin price to drop sharply from the previous $110,000, instantly cooling market sentiment. It is worth noting that these bitcoins were purchased at only $0.78 each 14 years ago. This means that the return on investment (ROI) from this transfer is as high as 140,000 times. This enormous return has attracted widespread attention in the market and prompted many investors to reevaluate the future direction of the Bitcoin market. This recent price fluctuation of Bitcoin has undoubtedly broken the previous bullish trend, and the sharp change in market sentiment has created uncertainty about the future Bitcoin price. However, BiyaPay, as a stablecoin trading and digital asset platform, is committed to providing users with a transparent, secure, and fast trading environment to help them navigate the intense market volatility. BiyaPay supports the exchange of USDT with fiat currencies such as the US dollar and offers zero-fee spot and contract trading platforms. It also provides USDT trading of US and Hong Kong stocks, enabling users to flexibly respond to the complex market environment and ensure the security and growth of their assets. Regardless of market fluctuations, BiyaPay will continue to provide efficient payment solutions for global users and support the stable development of the cryptocurrency market.
Relevant content

Google will allow users to remove visible watermarks from its AI-generated content.

Google announced that users can now remove visible watermarks from its AI-generated content, including images, videos, and songs. The company clarified that this change does not impact invisible SynthID watermarks or metadata related to the C2PA standard. Josh Woodward, vice president of Google Gemini, stated in a post that this toggle will apply to the Nano Banana, Omni, and Lyria models. He added that the setting to turn off visible watermarks will be available in Gemini and Google’s Video Editor Flow, with support for Search launching soon. The feature will roll out gradually over the coming days; once live, users can access "Settings > Media Watermarks" to enable or disable visible watermarks. Google has also open-sourced a new library named Credentio, designed to help developers embed local verification mechanisms into their own applications.

10 minutes ago

Stepping into the fray! DeFiLlama reported the fraudulent app for months to no avail, and only after testing it themselves and falling victim to theft did Apple finally take it down from its App Store.

DeFiLlama founder 0xngmi posted on social media that for months, he has been working to get Apple’s App Store to take down a fake app impersonating DeFiLlama, repeatedly reporting trademark infringement and unauthorized impersonation of the official app to Apple. The team then loaded a small amount of funds into a test wallet, downloaded the fake application, and as expected, all funds in the wallet were stolen. The incident was reported to Apple, and the app was removed from the store within days. 0xngmi noted that he hopes other cryptocurrency companies will learn from this to avoid wasting time on similar efforts, as his team did.

10 minutes ago

Iran says it has reached an agreement with Oman on the plan for passage through the Strait of Hormuz.

According to CCTV News, on local time August 15, Iranian Foreign Ministry spokesperson Baghaei said that despite US obstruction, talks between Iran and Oman are still advancing actively, and the two sides have reached an agreement on a navigation plan for the Strait of Hormuz.

10 minutes ago

Thrive Capital took a $215 million position in Amazon shares.

According to Bloomberg, Joshua Kushner’s Thrive Capital has purchased approximately $215 million worth of Amazon shares, continuing the venture capital firm’s strategy of expanding into public market investments. The investment was disclosed in a regulatory filing on Friday, giving Thrive exposure to a large company that stands to benefit from artificial intelligence. Amazon gains from AI through offerings such as generative AI shopping tools and cloud computing infrastructure for other businesses. Earlier this month, Amazon’s market capitalization crossed $3 trillion for the first time, making it the fifth company to reach that milestone. Thrive declined to comment, while a representative for Amazon did not immediately respond to a request for comment. Thrive is known for early investments in firms including SpaceX, Stripe and OpenAI—OpenAI also has backing from Amazon. The VC firm’s other public market holdings include Figma Inc., StubHub Holdings Inc., and Oscar Health, which Kushner co-founded and incubated.

10 minutes ago

Wedbush Reiterates SanDisk's 'Outperform' Rating, Sets Target Price at $2,000

Wedbush reaffirmed its "Outperform" rating on SanDisk stock, setting a target price of $2,000. Wedbush analyst Matt Bryson stated that the firm believes its 2028 projections likely underestimate SanDisk's profitability. The company will repurchase a large volume of shares over the coming years; coupled with extended transaction cycles, these factors warrant a certain valuation premium.

10 minutes ago

Unitree Robotics IPO: Grey market trading rumors are unfounded, and the underlying risks should not be underestimated.

According to a report by Shanghai Securities News, recent market discussions have claimed that scalpers are buying shares of Unitree Technology off-exchange, with some intermediaries offering prices far exceeding the IPO offering price. In response, reporters verified with multiple senior market participants including investment institutions, private equity firms, and securities brokerages, all of whom stated they have not observed such activities, adding that the relevant rumors are largely unfounded. They also noted that such private off-exchange agreements and transactions are of questionable compliance, and investors are highly likely to suffer losses. CITIC Securities, the lead underwriter for Unitree Technology's IPO, also reminded that securities trading must strictly abide by laws, regulations and stock market trading rules, and should only be conducted through legally recognized channels with real-name accounts. It advised investors against blind follow-up speculation, urging them to adhere to rational and value-based investment principles, and carefully assess investment risks.

10 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano