Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
'Smart Whale' Sells 636 Bitcoin Worth $23,460,000 As Rumors of US Government Enforcement Actions Swirl

'Smart Whale' Sells 636 Bitcoin Worth $23,460,000 As Rumors of US Government Enforcement Actions Swirl

CointimeCointime2023/11/21 20:30
By:Cointime

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.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!