'Smart Whale' Sells 636 Bitcoin Worth $23,460,000 As Rumors of US Government Enforcement Actions Swirl
An unknown Bitcoin address sold off their entire stack of 636 BTC worth $23.46 million before reports of new enforcement actions against players in the industry by the US government. On the same day, the SEC charged crypto exchange Kraken with operating an unregistered platform and mishandling customer funds, while reports circulated that the Justice Department and Binance are coming to a potential $4 billion settlement. Lookonchain speculated that institutional investors were accumulating LDO, the native token for liquid staking platform Lido, as two wallets associated with institutional crypto service companies FalconX and Amber withdrew LDO tokens from Binance on multiple occasions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Launches HYPE On-chain Earn With 2.1~4.5% APR
New spot margin trading pair — ERA/USDT!
Launchpool - Unique ERA Event: Stake BTC ETH for a Chance to Win a 10% APR Boost
Bitget to support loan and margin functions for select assets in unified account
Trending news
MoreCrypto prices
More








