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A Whale Transfers Over $250 Million Worth of Bitcoin After More Than 8 Years of Dormancy

1 days ago

On March 23rd, as reported by Arkham Monitor, a whale that has been holding Bitcoin since the end of 2016 woke up last night after being dormant for 8 years. It then transferred more than 250 million US dollars' worth of Bitcoin. The whale's Bitcoin holdings have increased from a value of 3 million US dollars in early 2017 to over 250 million US dollars currently.
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Analysis: Bitcoin Bounces Back But Short-Term Holders Yet to Return, Potentially Signaling Early Stage of Next Bull Run

On March 24th, IntoTheBlock published an article which stated, "The price of Bitcoin is making a comeback. However, short-term holders have not come back yet. Currently, the number of short-term holders is merely 2.53 million, which is lower than the 3.06 million in January. And trader activity remains relatively weak." "If there is an upward trend here, it might be an early indication of renewed interest in Bitcoin."

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The 1inch team sold 37.9 WBTC at an average price of $86,578 and sold 511 ETH at an average price of $2,072.

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21Shares Lists CBTC, ASOL, and AXRP on Stockholm

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SOL Rises above $140, Surges Over 7% in 24 Hours

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DWF Labs launches a $250 million Strategic Growth Fund to support mid-cap and large-cap projects.

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Binance's latest Launchpool Nillion Pool saw a 41.38% increase in USDC funds.

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