Bitcoin Updates: Major Whale Moves $10 Million—Is This a Market Dump or a Tactical Shift in Holdings?
- A Bitcoin whale withdrew 100 BTC ($10.32M) from Binance, signaling renewed activity from long-term holders amid broader "OG" whale selling trends. - Over 1,000 BTC/hour has been dumped by seven-year+ holders since November 2024, with $100M+ sell-offs highlighted by Capriole's Edwards as "persistent distribution." - Technical analysis forecasts a $89,600 price drop via bear pennant patterns, compounding risks as Bitcoin trades 18.7% below its $126K all-time high. - Whale activity remains ambiguous: withdr
After remaining inactive for two months, a whale recently moved 100 BTC out of Binance, as highlighted in a
This withdrawal fits a broader trend of aggressive selling by long-term whales, who have reportedly sold more than 1,000 BTC per hour in 2025, according to a
This Binance withdrawal highlights the complex nature of whale movements: while large transfers can indicate bearish sentiment, they might also be part of accumulation tactics. Blockchain analysts point out that similar withdrawals in previous cycles often came before price surges, as whales shifted assets to cold storage during downturns, according to the
Investors are watching closely to see how this might affect the wider crypto landscape. Bitcoin’s market dominance often shapes altcoin trends and overall sentiment, and such whale actions could also influence stock markets through their connection to crypto-related shares, as noted in the
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
Crypto wallets are transforming into comprehensive platforms, connecting Web3 with traditional financial services
- D'CENT Wallet's v8.1.0 update enables multi-wallet management for up to 100 accounts, streamlining digital asset handling across investment, NFTs, and events. - Competitors like Exodus and Blaqclouds advance crypto adoption through features like Mastercard-linked debit cards and decentralized identity systems with biometric security. - Innovations such as fee-free transactions (D'CENT GasPass) and on-chain identity management (.zeus domains) highlight industry focus on accessibility and security for main
Grayscale's Public Listing: Advancing Crypto Adoption as Regulations Vary Worldwide
- Grayscale files U.S. IPO via S-1, joining crypto firms like Circle and Bullish in public markets. - IPO details remain undetermined, contingent on SEC review and market conditions. - Japan's TSE tightens crypto listing rules amid volatile "crypto hoarding" stock collapses. - U.S. regulators advance crypto rulemaking post-shutdown, potentially accelerating Grayscale's approval. - Grayscale's IPO highlights crypto's institutional push amid global regulatory divergence.
BNY's Stablecoin Fund Connects Conventional Finance with Around-the-Clock Digital Markets
- BNY Mellon launches BSRXX, a regulated fund enabling stablecoin issuers to hold GENIUS Act-compliant reserves without direct stablecoin investments. - The fund supports 24/7 digital markets by providing ultra-safe, short-term liquidity under federal requirements for stablecoin backing. - Anchorage Digital's participation highlights growing institutional adoption, with stablecoin reserves projected to reach $1.5 trillion by 2030. - BNY's $57.8T custody expertise positions it as a key infrastructure provid
Durov's Legal Victory Highlights the Ongoing Struggle Between Privacy and Government Oversight
- French authorities lifted a travel ban on Telegram CEO Pavel Durov after he complied with judicial supervision for a year. - Durov faces charges of complicity in alleged Telegram misuse for crimes, with potential 10-year prison and $550k fine if convicted. - He criticized French legal procedures and Macron's policies, highlighting tensions over digital privacy and blockchain integration. - The case underscores regulatory challenges for encrypted platforms, balancing user rights with accountability in a "
Trending news
MoreCrypto prices
More
