Coin overview
MOVE
Ended--
Last price (USDT)
2.87M
24h total (USDT)
4.37M
Total vol (USDT)
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
Trading time (UTC+0)
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Delivery time (UTC+0)
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
Filecoin Powers Numbers Protocol to Secure 100K Historic Digital Files
Over 100,000 digital files, including historic archives, are timestamped and stored securely using Filecoin via Numbers Protocol. Numbers Protocol ensures digital authenticity and long-term preservation through cryptographic signing and decentralized Filecoin storage. Imagine if the only historical video of a social movement that shook Asia suddenly disappeared just because its server went down. It wouldn’t be funny, would it? Well, that’s exactly what Numbers Protocol is trying to avoid. Recently, they successfully recorded over 100,000 pieces of digital content into their system—not just any files, but also important archives like footage of the Sunflower Movement from Taiwan. Interestingly, each of these files is digitally signed and timestamped before being stored on Filecoin’s decentralized storage network. This means that the content is not only technically secure, but also protected from being altered or deleted arbitrarily. If you think about it, it’s a kind of digital insurance for history and culture. Over 100,000 pieces of digital content have been registered through @numbersprotocol , including historical archives like footage from Taiwan’s Sunflower Movement. Each file is timestamped and signed, then stored using Filecoin. pic.twitter.com/JEfSvrKiIp — Filecoin (@Filecoin) July 11, 2025 How Filecoin Handles the Data No Traditional Server Can If you’re still wondering, “Is it really that important to store files like that using Filecoin?”, the answer is yes. Traditional systems that rely on centralized servers are often unable to store large amounts of data long-term, especially if the institution that owns the files goes bankrupt or simply shuts down. On the other hand, CNF also highlighted how Filecoin is being utilized for other, equally significant projects. For example, Ramo helped move Dr. Fielding’s 5 petabytes—or 5 million gigabytes—of astrophysics simulation data onto the Filecoin network. This project was initially too large for any single institutional data center to handle. But with a decentralized system, everything can be managed. Furthermore, in early July, as we previously covered, the open science project OpSci also archived over 500 terabytes of neuroimaging datasets via Filecoin. Data from platforms like OpenNeuro and ABIDE can now be accessed indefinitely. And what’s even more exciting is that Filecoin Plus even allows free storage of scientific data, as long as it’s public and reproducible. Not only that, the Flickr Foundation also got involved. They uploaded 1,000 of their most frequently viewed cultural photos to Filecoin. The reason is similar: if their site or server goes down, the photos will still be accessible to anyone. And yes, everything is now permanently stored on IPFS and Filecoin. Besides that, at the time of writing, FIL is trading at about $2.57—up 14% in the past seven days. Transaction volume is also quite high, reaching $307 million in a single day. So, is this a sign that decentralized storage will become commonplace in the future? It could be, especially as more organizations realize that their data is too valuable to leave entirely to a single, traditional server.
Bitcoin, Ethereum ETFs See Strong Inflows Amid Price Dip
Bitcoin spot ETFs post $1.03B net inflow, marking seven straight days of strong gains. Ethereum ETFs see six-day inflow streak, with $205M added despite price slipping 0.77%. Trading volumes drop sharply as ETF inflows continue, highlighting diverging market signals. Bitcoin and Ethereum spot exchange-traded funds (ETFs) continued to record steady net inflows on July 11, 2025. According to ETF tracking data, Bitcoin spot ETFs registered a net inflow of $1.03 billion. This marks the seventh consecutive day of positive inflows into Bitcoin ETFs. Ethereum spot ETFs recorded net inflows of $205 million, extending their streak to six consecutive days. The figures suggest strong institutional participation across both major digital assets. The Ethereum spot ETF saw an inflow of $383 million the day before, marking its second-largest daily inflow to date. Bitcoin, meanwhile, has sustained momentum after reaching its peak inflows since the previous week. Analysts cite growing interest from asset managers and institutional investors seeking regulated exposure to cryptocurrencies. Price Movement and Market Reactions Bitcoin’s market performance showed minor fluctuations, despite the sizable ETF inflows. As of press time, Bitcoin’s price dropped 0.24% to trade at $117,732, according to CoinMarketCap data. During the session, it briefly declined below $117,000 before recovering to an intraday high of $118,250. Its total market capitalization currently stands at $2.34 trillion. The 24-hour trading volume dropped by over 52.73% to $59.34 billion, signaling reduced short-term investor activity. Source: CoinMarketCap Market players are keen on observing these indicators with an eye on the underlying effects on prices. Bitcoin has failed to record large price gains despite the heavy inflows recorded in the previous 24 hours. Inflow and price movement contrast indicate a potential profit taking or market-wide uncertainty. Analysts will be observing whether the sustained inflows finally cause a breakout. Ethereum Price Trends and Market Sentiment Ethereum, in turn, conformed to the same trend and, despite the positive trends in the inflow of ETFs, registered a slight decrease in prices. Ethereum is trading at $2,954.93, at the time of writing, a decrease of 0.77% as compared to the previous day. The market capitalization of Ethereum has already dropped to 356.7 billion. Its 24-hour trading volume is also almost 39% down to $25.19 billion, meaning that it had a lighter trade. Source: CoinMarketCap The decline in the volume, combined with inflows of ETFs, points to a short-term decoupling in institutional purchases and market sentiment among retail buyers. This suggests that while institutional interest remains strong, broader market caution, driven by upcoming inflation data and rate decisions, may be dampening short-term price momentum. Ethereum’s future price action could depend more on these macroeconomic signals than ETF inflows alone. Outlook for Spot ETF Influence on Crypto Market The continuation of the ETF inflows in both Bitcoin and Ethereum indicates there is still interest by institutions in the digital assets industry. As the traditional finance market continues to enter the crypto market, regulated investments like ETFs are becoming increasingly popular. The amount of data flowing in lately highlights the contributions ETFs are making to reinventing crypto market access. The effects of such inflows on real spot prices are, however, patchy in the short term. Reduced volumes of trading and a lack of price growth could indicate a conservative trading environment despite the inflow rush. An inflow of ETFs can hold up prices in the long run, but the response in the short run can be mixed because short-term price moves are driven by long-term price and non-price factors. Related: Ethereum Outpaces Bitcoin in Futures Volume as Altcoins Attract Capital Market observers will seek to determine whether this trend will be able to sustain itself as the volatility keeps increasing. The following few weeks could be essential in the process of establishing whether institutional demand reinforces a permanent market rally. The digital asset space continues to evolve with ETFs now central to investor engagement strategies. As net inflows maintain momentum, both Bitcoin and Ethereum remain under close observation from institutional and retail participants. The post Bitcoin, Ethereum ETFs See Strong Inflows Amid Price Dip appeared first on Cryptotale.
XRP Approaches Key Resistance Near $2.72, Potential Breakout Could Emerge Soon
XRP is approaching a critical price juncture, with key resistance near $2.72 drawing intense market focus. Despite multiple attempts, XRP has yet to break through this resistance, indicating a potential buildup of momentum for a significant move. According to COINOTAG, trader DonAlt emphasizes the narrowing trading range and the urgency for a breakout to avoid prolonged stagnation. XRP nears a pivotal breakout at $2.72 resistance, with trader DonAlt highlighting the tightening range and potential for a decisive move soon. XRP Faces Crucial Resistance at $2.72 Amid Increasing Market Pressure XRP’s price action has been confined within a broad sideways range, oscillating between support near $2 and resistance at approximately $2.72. This resistance level has proven resilient, having capped price advances multiple times over recent months. The repeated tests of this ceiling suggest growing market tension, as buyers and sellers battle for control. Technical analysis indicates that while the overall structure remains unchanged, the compression of price action signals an impending decision point. Traders monitoring XRP should be aware that sustained failure to breach this level could lead to a loss of momentum, potentially extending the consolidation phase into the late summer months. DonAlt Highlights the Importance of Timing in XRP’s Price Movement Prominent crypto analyst DonAlt, known for his focus on high-time-frame setups, recently shared insights underscoring the significance of XRP’s current positioning. His analysis points to a pattern of higher lows coupled with repeated resistance tests, suggesting that while XRP has not yet launched into a strong upward trend, the tightening range is indicative of mounting pressure. DonAlt’s commentary stresses that the window for a breakout is narrowing, and traders who have remained on the sidelines are beginning to show renewed interest. This dynamic creates a scenario where a breakout could occur with little warning, emphasizing the need for market participants to stay vigilant and ready to act. Market Implications of a Potential XRP Breakout A successful breakout above the $2.72 resistance could unlock significant upside potential for XRP, attracting increased trading volume and renewed investor confidence. Conversely, failure to break through may result in extended sideways trading, which could dampen momentum and delay bullish developments. The current setup, characterized by a grinding upward movement within the established range, reflects a market in anticipation. Investors should consider the implications of both scenarios and prepare strategies accordingly. Monitoring volume trends and price action near the resistance level will be critical for anticipating the next phase of XRP’s market cycle. Investor Sentiment and Strategic Considerations Investor sentiment around XRP remains cautiously optimistic, with many awaiting confirmation of a breakout before committing significant capital. The pattern of higher lows suggests accumulation, but the repeated rejections at resistance indicate that sellers remain active. This tug-of-war highlights the importance of disciplined risk management and the use of stop-loss orders to protect positions. Additionally, traders should watch for potential catalysts, such as regulatory developments or broader market shifts, which could influence XRP’s trajectory. Staying informed through reputable sources like COINOTAG and expert analyses can provide valuable context for making informed decisions. Conclusion XRP is at a pivotal moment, with the $2.72 resistance level serving as a critical barrier to further gains. The tightening trading range and higher lows signal that a significant price movement is imminent, but the direction remains uncertain. Traders and investors should closely monitor price action and volume near this key level, as a breakout could present lucrative opportunities, while failure to breach resistance may prolong consolidation. Maintaining a strategic approach and staying attuned to market signals will be essential for navigating XRP’s next phase effectively. In Case You Missed It: XRP Ledger’s EVM Sidechain Sees Early Smart Contract Growth and Rising Institutional Interest
Murano Global Adds Bitcoin to Treasury Strategy Amid $500M Equity Agreement
Murano secures $500 million to invest in Bitcoin and plans to shift capital from real estate holdings. The company will keep running its resorts while adding Bitcoin to its balance sheet for long-term strategy. Murano may accept Bitcoin payments and offer rewards as it explores crypto use in its hospitality business. Murano Global Investments PLC has adopted a Bitcoin treasury strategy. The real estate and hospitality firm secured a $500 million Standby Equity Purchase Agreement with Yorkville Advisors. The company confirmed the purchase of 21 Bitcoins. Most of the funds raised will support additional Bitcoin acquisitions. NASDAQ-LISTED MURANO BETS BIG ON BITCOIN WITH $500M DEAL – Nasdaq-listed, London-based firm, Murano, known for its hospitality projects in Mexico, secured a standby equity deal with Yorkville for up to $500 million. – Per reports, the majority of those funds will go toward… pic.twitter.com/shFCGn20dK — BSCN (@BSCNews) July 8, 2025 Murano will sell shares over time under the agreement. This move marks a shift in the company’s capital allocation while maintaining core operations. Murano plans to integrate Bitcoin into its financial model while continuing real estate development and resort operations in Mexico. Real Estate Assets May Fund Bitcoin Position Murano is evaluating sale-leaseback deals and selected property divestitures. These efforts aim to unlock capital for digital asset purchases. The company intends to keep control of its resort operations to protect ongoing profitability. Real estate activity will continue, but capital extracted could fund Bitcoin holdings. The Grand Island Cancun project is tied to this strategy. Murano plans to prioritize parts of the development for sale. This approach seeks to shift long-term capital into liquid assets. The company expects Bitcoin to support balance sheet strength and capital efficiency over time. Hospitality Business Considers Crypto Integration Murano is exploring Bitcoin adoption across its hospitality portfolio. The company may accept Bitcoin as a form of payment at its resorts. It is also considering Bitcoin-based guest reward programs. These initiatives are under review but reflect a broader alignment with digital finance. The company believes these steps could attract crypto-focused travelers. It also aims to build new financial channels. The hospitality segment will remain central to its business model. However, digital asset integration may provide additional revenue and competitive positioning. Corporate Bitcoin Movement Gains Momentum Murano has joined the “Bitcoin for Corporations” program as a Chairman’s Circle Member. This alliance supports Bitcoin-focused strategies at the enterprise level. It includes firms that prioritize digital assets in long-term financial planning. Other companies have adopted similar approaches. Metaplanet, a major holder, recently added 2,205 BTC, reaching 15,555 in total. In the United States, Strategy, formerly MicroStrategy, is raising up to $4.2 billion for more Bitcoin purchases. These companies are shaping a growing corporate trend. Murano’s stock closed at $10.53 and fell 3.32% in after-hours trading. The equity shift and Bitcoin plan place Murano among listed firms pursuing treasury changes using digital assets.
Bitcoin (BTC) Price Prediction for July 8
After a strong rebound from the $102,000 region last week, the Bitcoin price today is trading around $109,100, consolidating just below the $110,000 barrier. BTC is currently compressing within a symmetrical triangle on the daily chart, while 4H structure remains bullish above the $107,000 short-term support. Derivatives funding has turned slightly positive, suggesting cautious optimism among longs ahead of a potential breakout. What’s Happening With Bitcoin’s Price? BTC price dynamics (Source: TradingView) The daily chart shows BTC continuing to respect a well-formed symmetrical triangle structure. Bulls have defended the $105,000–$106,000 zone multiple times since late June, and the latest bounce carried price back to the upper diagonal resistance around $110,000. This resistance is overlapping with horizontal supply, making it a tough level to crack. BTC price dynamics (Source: TradingView) The 4H Supertrend has flipped bullish above $107,270, while candles continue to close above the short-term ascending trendline that began forming from the June low. Until BTC closes above $110,000 or below $107,000, the structure remains in compression, setting the stage for a larger directional move. Why Is the Bitcoin Price Going Down or Up Today? BTC price dynamics (Source: TradingView) The question why Bitcoin price going down today or up hinges largely on weakening momentum and mixed signals across timeframes. On the 30-min chart, MACD has started to flatten after a recent bullish cross, and histogram bars are shrinking, indicating reduced momentum. Meanwhile, RSI remains neutral at 56.5, offering no immediate divergence but also no confirmation of trend continuation. BTC price dynamics (Source: TradingView) On the 4H chart, BTC is facing rejection near the upper Bollinger Band ($109.5K), while the VWAP has flipped to resistance around $109.4K, just above current market price. This is capping intraday upside. Moreover, Parabolic SAR dots have now flipped above price, suggesting short-term trend exhaustion. BTC Derivative Analysis (Source: Coinglass) However, the funding rate has turned slightly positive, and open interest has grown by over 3%, hinting that aggressive shorts may face pressure if BTC breaks above the triangle. Compression Builds as BTC Price Stalls Below $110K BTC price dynamics (Source: TradingView) Several indicators signal that Bitcoin price volatility could expand soon. On the 4H chart, Bollinger Bands are beginning to squeeze again, while price rides the mid-band. This typically precedes breakout moves. The EMA ribbon is showing alignment: the 20/50/100/200 EMAs are stacked between $108,500 and $106,200, now acting as dynamic support. If BTC holds above this zone, bulls retain structural control. The Directional Movement Index (DMI) shows a modest bullish bias, with +DI (24.65) above -DI (13.64), although the ADX remains weak below 20, suggesting trend strength has not fully returned. BTC price dynamics (Source: TradingView) From a smart money perspective, the latest CHoCH and liquidity sweep on the daily chart between $102,500 and $105,000 suggest bears failed to gain control. The current push higher targets the weak high around $110,500. Bitcoin Price Prediction: Short-Term Outlook (24h) BTC price dynamics (Source: TradingView) Bitcoin’s price structure remains in a tightening range, but the bullish defense of $107,000 and repeated supply zone taps around $110,000 imply growing breakout pressure. If BTC can close above $110,500, it could open a run toward $113,500–$115,000. On the downside, a failure to hold $107,000 would put $105,000 and $102,500 back into play. Given the low volatility and mixed indicators, BTC is likely to remain range-bound within $107,000 to $110,500 in the near term. Traders should monitor volume spikes and triangle breaks closely. Bitcoin Price Forecast Table: July 8, 2025 Indicator/Zone Level / Signal Bitcoin price today $109,100 Resistance 1 $110,500 Support 1 $107,000 Support 2 $105,300 RSI (30-min) 56.5 (Neutral) MACD (30-min) Flattening after bullish cross Bollinger Band Width (4H) Tightening (Volatility buildup) Supertrend (4H) Bullish above $107,270 EMA Cluster (4H) Support between $108,500–$106,200 VWAP (30-min) Resistance at $109,400 Parabolic SAR (30-min) Bearish (dots above price) Funding Rate (OI-Weighted) +0.0062% (Mild bullish bias)
Musk's New Political Movement Embraces Bitcoin Over Traditional Money
Elon Musk confirmed Sunday that his newly formed America Party will accept Bitcoin payments. The Tesla CEO dismissed traditional fiat currency as "hopeless" when asked about the party's cryptocurrency stance on X. According to Musk's declaration came as a direct response to user questions about digital asset adoption. The America Party formation followed a poll on Musk's social media platform where 1.24 million people voted. Nearly two-thirds supported creating the new political movement. Musk announced the party's official launch on Saturday, positioning it as an alternative to the Republican-Democratic system. reports the party registered with the Federal Election Commission on July 6 under Filing FEC-1898441. The political movement emerged from Musk's rift with President Donald Trump over fiscal policy. Musk criticized Trump's "One Big Beautiful Bill," which adds $3.3 trillion to the national debt over the next decade. The Tesla executive previously led the Department of Government Efficiency under Trump but stepped back in May after his term ended. Why This Bitcoin Endorsement Matters Musk's Bitcoin adoption reflects his long-standing support for digital currencies over traditional monetary systems. Tesla holds 11,509 BTC worth approximately $1.26 billion, making it the ninth-largest publicly traded company with Bitcoin reserves. The electric vehicle manufacturer purchased $1.5 billion worth of Bitcoin in early 2021, becoming one of the first major corporations to hold cryptocurrency in its treasury. The America Party's cryptocurrency stance could influence political fundraising and campaign finance methods. Bitcoin transactions offer lower fees compared to traditional payment processors and enable global donations without cross-border banking restrictions. research shows 28% of American adults now own cryptocurrencies, with 60% expecting increased value during Trump's second presidential term. Political movements adopting Bitcoin face regulatory challenges as campaign finance laws evolve to address digital assets. The America Party must navigate complex compliance requirements while maintaining transparency in donation tracking. We previously reported that 15 US states are moving forward with plans for Bitcoin reserves, demonstrating growing government acceptance of cryptocurrency holdings at state levels. The timing aligns with increased institutional Bitcoin adoption across multiple sectors. Corporate treasuries, investment funds, and government entities continue adding Bitcoin to their portfolios. This trend provides legitimacy to political organizations considering cryptocurrency adoption. Industry Implications for Political Finance The America Party's Bitcoin integration could reshape how political movements approach fundraising and financial operations. Traditional campaign finance relies heavily on bank transfers, credit card processing, and cash donations. Cryptocurrency offers an alternative system with faster transaction processing and reduced intermediary involvement. Other political organizations may follow Musk's example if the America Party successfully implements Bitcoin payments. The precedent could encourage both established parties and emerging movements to explore digital asset integration. This shift would require new regulatory frameworks addressing cryptocurrency in political finance. However, Bitcoin's price volatility presents budget management challenges for political campaigns. Donations received in Bitcoin could fluctuate significantly in value between receipt and conversion to operational funds. Campaign treasurers must develop strategies for managing cryptocurrency exposure while meeting reporting requirements. The development also reinforces the growing intersection between technology leaders and political influence. Musk's vast wealth and social media reach provide unique resources for challenging traditional political structures. His Bitcoin advocacy through the America Party could accelerate mainstream acceptance of cryptocurrency in governance and public policy. Third-party movements historically face structural obstacles in American electoral systems. Despite these challenges, Musk's focus on strategic House and Senate races rather than presidential campaigns suggests a pragmatic approach. The America Party's Bitcoin adoption may attract technology-oriented voters and donors who share skepticism about traditional financial systems.
Saylor Predicts $1M Bitcoin If Wall Street Buys In
Saylor believes Bitcoin will reach $1M with 10% Wall Street allocation. Institutional capital could drive massive BTC demand. MicroStrategy continues aggressive Bitcoin accumulation. Saylor’s Bold $1 Million Forecast Michael Saylor, the outspoken executive chairman of MicroStrategy, has made another eye-catching Bitcoin prediction . During a recent appearance at the Bitcoin 2025 conference, Saylor claimed, “When Wall Street is 10% Bitcoin, Bitcoin will be $1,000,000 a coin.” According to him, that level of institutional adoption would trigger an unstoppable surge in Bitcoin’s value. The logic is simple: if major asset managers allocate just a fraction of their trillions in assets toward Bitcoin, the limited supply of BTC —capped at 21 million coins—would send prices soaring. Even a 2% allocation, Saylor argued, could significantly impact Bitcoin’s market cap. Why Wall Street Matters Wall Street controls tens of trillions of dollars across pension funds, hedge funds, and wealth management firms. A 10% shift into Bitcoin would represent a colossal inflow of capital into the crypto space. Saylor believes this move would not only elevate Bitcoin’s price but also cement its role as a central pillar of the financial system. His theory builds on Bitcoin’s fixed supply and increasing institutional interest, which he sees as a natural progression in the digital asset’s adoption cycle. He argues that once major financial players enter en masse, Bitcoin becomes more secure, more valuable, and more universally trusted. 🇺🇸 MICHAEL SAYLOR SAYS, “WHEN WALL STREET IS 10% #BITCOIN , BITCOIN WILL BE $1,000,000 A COIN.” IT’S COMING!!! 🚀 pic.twitter.com/35gEPK9FBm — Vivek⚡️ (@Vivek4real_) July 5, 2025 Strategy’s Role in the Movement MicroStrategy, which recently rebranded to “Strategy,” has been leading the corporate charge into Bitcoin. The firm holds over 580,000 BTC, acquired through a mix of equity and debt offerings. Saylor views this accumulation as both a business strategy and a bet on Bitcoin’s future dominance. He’s previously predicted even higher price points—up to $13 million per Bitcoin by 2045—based on the potential of Bitcoin to absorb trillions in global capital. While some critics dismiss these forecasts as overly optimistic, Saylor remains steadfast, grounding his predictions in supply dynamics and long-term adoption trends. Read Also: Secret Service Expands Global Crypto Crackdown Saylor Predicts $1M Bitcoin If Wall Street Buys In Elon Musk Launches the America Party to ‘Restore Freedom’ Mercado Bitcoin Tokenizes $200M in RWAs on XRP Ledger Drake’s Bitcoin Mention Sparks Crypto Buzz
Massive Bitcoin Transfer From Dormant Wallets Raises Concerns About Potential Breach
A Coinbase executive has raised the possibility that Thursday's transfer of 80,000 Bitcoin worth $8.6 billion could represent the largest theft in human history. According to Cointelegraph, Conor Grogan, Coinbase's head of product, stated there is a "small possibility" the movement from eight wallets dormant for over 14 years was the result of compromised private keys. The transfers occurred on July 4, 2025, involving wallets that had remained untouched since April and May 2011. Arkham Intelligence confirmed a single entity moved the Bitcoin from eight separate addresses into eight new wallets. Each transaction moved approximately 10,000 Bitcoin at a time, with the receiving addresses showing no subsequent activity. Grogan's suspicions were raised by a suspicious Bitcoin Cash transaction that preceded the massive transfers. He observed a single BCH test transaction from one of the Bitcoin whale clusters 14 hours before the full amount moved, followed by the Bitcoin wallet activity an hour later. The executive found it unusual that other BCH wallets associated with the same entity remained untouched. Why This Transfer Matters For Bitcoin Markets The movement represents one of the largest single-day transfers of aged cryptocurrency in Bitcoin's history. Decrypt reported this as the largest daily movement of coins aged 10 years or more on record. The previous record for such aged transactions was a mere 3,700 BTC, making this transfer unprecedented in scale. Market analysts note the Bitcoin price has remained relatively stable despite the massive movement. Bitcoin Ethereum News reported Bitcoin trading at approximately $108,150 following the transfers, with only a 1.02% decline in the 24-hour period. The stability suggests the coins have not reached exchange addresses for immediate liquidation. CryptoQuant's head of research Julio Moreno characterized the event as historically significant for aged coin movements. The entity behind these addresses reportedly controlled about 200,000 BTC at one point, making them one of the top five largest Bitcoin holders in cryptocurrency history. We previously covered how nations holding Bitcoin as part of their reserve assets could gain new options for managing foreign debt obligations, particularly as governments worldwide consider Bitcoin treasury strategies. Industry Impact and Whale Movement Implications This transfer occurs during a period of increased institutional Bitcoin adoption and government reserve discussions. CoinDesk data shows whale accumulation has reached significant levels in 2025, with entities holding more than 10,000 BTC actively accumulating throughout the year. The timing coincides with broader cryptocurrency market maturation and regulatory developments. BeInCrypto analysis indicates old whale reactivations have become more frequent in 2025, reflecting changing market dynamics and institutional participation patterns. However, the potential security implications raise concerns about early Bitcoin wallet vulnerabilities. Blockchain security experts point to the age of these wallets as a factor that could make them more susceptible to compromise through advances in cryptographic attacks or social engineering. The cryptocurrency community continues monitoring for additional movements from related addresses, as similar reactivations could indicate broader security issues affecting early Bitcoin holdings across the ecosystem.
Will PI Coin Slip Toward Its All-Time Low This Week? What the Charts Reveal
Readings from the PI/USD daily chart show that the altcoin briefly consolidated between July 1 and 4, facing resistance at $0.50 and support at $0.47. However, bearish forces gained strength on Friday, pushing the token below its short-lived support range. Since then, PI has trended downward, increasing the likelihood of a retest of its all-time low at $0.40. PI Sell-Off Deepens as Bullish Momentum Weakens PI’s Accumulation/Distribution (A/D) Line has taken a dive over the past two weeks, signaling a significant drop in buying volume and waning investor confidence. As of this writing, the metric is at -300.73 million, falling 82% since June 25. PI A/D Line. Source: PI A/D Line. Source: The A/D line measures an asset’s buying and selling pressure by analyzing its price movements and trading volume. When it climbs, it indicates strong accumulation, meaning buyers are driving demand and pushing prices higher. On the other hand, as seen with PI, a falling A/D Line suggests that selling pressure outweighs buying interest. It indicates that traders are offloading PI rather than accumulating it, a sign of weakening confidence in the token’s short-term recovery prospects. Furthermore, the setup of PI’s Directional Movement Index (DMI) aligns with this bearish narrative. The token’s positive directional index (+DI, blue) currently rests below the negative directional index (-DI, orange), showing a strengthening negative trend. PI DMI. Source: PI DMI. Source: The DMI indicator measures the strength of an asset’s price trend. It consists of two lines: the +DI, which represents upward price movement, and the -DI, which means downward price movement. The market trend is bullish when the +DI rests above the -DI. This means that buy-side pressure is dominant, and the asset is in an uptrend. Conversely, when the +DI lies under the -DI, the downward price movement is strong. This is a bearish sign, indicating that PI sellers have more control over the market than buyers. Sellers Dominate PI Market, but Buyers Could Flip the Script At press time, PI trades at $0.44, with its next major support level at its all-time low of $0.40. With sellers remaining firmly in control and building bearish momentum, a revisit to this price low is possible. PI Price Analysis. Source: PI Price Analysis. Source: However, a resurgence in buyer demand could invalidate this bearish outlook. In that scenario, the PI coin price could rebound, break above the new resistance at $0.47, and climb toward $0.50.
Davinci Jeremie goes viral as he reinforces his Bitcoin accumulation strategy
Davinci reinforces confidence in Bitcoin as a safe reserve Movement of old portfolios reignites debate in the market BTC accumulation strategy in bear market gains prominence Davinci Jeremie, one of the most well-known voices among early Bitcoin investors, has returned to the spotlight after publishing a message aimed at those looking to get into the crypto market. The enthusiast, who bought BTC at just $1, advised followers to “accumulate sats in moments of disbelief,” reinforcing the idea that big gains come from decisions made in uncertainty. The post gained traction shortly after a rare event moved the market: around 80.000 Bitcoins, today valued at more than US$ 8 billion, were transferred from wallets that had been inactive since 2011. These wallets would have acquired the BTCs for around US$ 80 thousand in total, showing an almost unimaginable return more than a decade later. Was waiting for your take, I've been talking about your work in my livestreams. What's your take on this? —EDO FARINA 🅧XRP (@edward_farina) July 4, 2025 The move has sparked speculation among analysts and enthusiasts. Coinbase executive Conor Grogan has suggested that these wallets could be linked to former market participants, such as Ripple co-founder Arthur Britto or even longtime Bitcoin advocate Roger Ver. In this context, Davinci’s message gained relevance, reminding us that investing in periods of doubt has been an efficient strategy since the early years of Bitcoin. “Those who accumulated when no one believed… will live as legends when everyone else regrets it,” he wrote on his social media. Furthermore, Jeremie compared Bitcoin to altcoins, highlighting that while these cryptocurrencies require constant attention and involve higher volatility, BTC remains an asset that can be safely held for the long term. He highlighted the stability of the digital currency as one of the reasons why it continues to be an efficient store of value in a world with rising inflation. The final sentence of his post — “stack sats when it’s quiet and you won’t have to worry when it’s noisy” — sums up the philosophy of accumulating Bitcoin with discipline and patience.
Dormant Bitcoin Wallets Move $2 Billion in BTC
Key Points: 20,000 BTC moved from dormant wallets, valued at $2 billion. Owners unidentified, market on alert for further action. No immediate liquidation impact on BTC market price. Movement of Dormant Bitcoin Wallets: Market Insights Two dormant Bitcoin wallets moved 20,000 BTC, worth over $2 billion, after 14 years of inactivity. The movements occurred on July 5, 2025, and the owners remain unidentified. Wallet Movements and Market Impact Two Bitcoin wallets, inactive since 2011, unexpectedly moved 20,000 BTC to new addresses. According to Lookonchain, an on-chain analyst , these funds remain in non-exchange addresses, with no immediate plans for liquidation or sale, maintaining market stability. “Two dormant Bitcoin wallets have transferred 20,000 BTC, valued at over $2 billion, after being inactive for 14 years. These wallets acquired the Bitcoin (BTC) on April 3, 2011, when the price was approximately $0.78.” The unknown entity or entities behind the wallets have sparked significant interest within the Bitcoin community. Analysts note the wallets acquired BTC when Bitcoin’s price was approximately $0.78, emphasizing the substantial value appreciation over the years. Bitcoin markets closely watched the activity, yet no direct sell actions have been confirmed. While such movement can usually precede market fluctuations, Bitcoin prices have remained steady, underscoring the broader market’s resilience to large transactions. Potential outcomes suggest continued monitoring by regulatory bodies, although no agency has yet commented on the event. Historical trends demonstrate such events previously led to increased volatility and speculative discussions about possible liquidations or sell-offs.
Dormant Bitcoin Wallets Move 80,000 BTC, Potentially Indicating Strategic Asset Management
Recent blockchain activity reveals the transfer of 80,000 BTC from wallets dormant since 2011, signaling a rare and strategic movement within the Bitcoin ecosystem. This significant transfer caused a brief 1.3% dip in Bitcoin’s price, reflecting the market’s sensitivity to large-scale whale movements despite no immediate liquidation. According to Arkham, a leading blockchain analytics firm, the consolidation of these historic assets into modern wallets suggests updated security measures rather than market dumping. 80,000 BTC moved from decade-old dormant wallets, triggering a brief price dip and market speculation, highlighting strategic asset management in Bitcoin’s evolving landscape. Historic Dormant Bitcoin Wallets Transfer 80,000 BTC, Impacting Market Dynamics In an unprecedented blockchain event, eight Bitcoin wallets inactive since 2011 transferred a combined total of 80,000 BTC into newly created wallets utilizing modern address formats. This movement, flagged by blockchain intelligence firm Arkham, marks the largest single-day transfer of dormant coins in Bitcoin’s history. The wallets, which have remained untouched for over a decade, are believed to be managed by a single entity, though no definitive identity has been confirmed. This consolidation reflects a strategic realignment of assets rather than an immediate intent to liquidate, as no conversions to fiat or other cryptocurrencies have been observed. The market responded with a temporary 1.3% price correction, underscoring the sensitivity of investors to whale activity while demonstrating Bitcoin’s resilience. Market Reaction and Strategic Implications of the 80,000 BTC Movement The transfer of such a substantial amount of Bitcoin from dormant wallets has naturally sparked considerable market interest and speculation. Despite the initial price dip from approximately $110,000 to $107,600, the market quickly stabilized, indicating confidence in Bitcoin’s underlying fundamentals. Arkham analysts emphasize that the movement likely represents enhanced security practices, as the assets were shifted to wallets with updated cryptographic standards. This suggests a long-term strategic approach rather than a short-term sell-off. Additionally, the absence of any significant sell orders or fiat conversions supports the hypothesis that these coins remain held for future value appreciation or other strategic purposes. Community and Expert Perspectives on Dormant Bitcoin Wallet Activity Social media platforms such as Twitter and Reddit have been abuzz with discussions regarding the dormant wallet transfers, though no official statements have been issued by prominent crypto figures or institutions. Analysts from Coincu highlight that while such large movements often attract regulatory attention, no immediate actions or announcements have followed. Historically, awakenings of dormant Bitcoin wallets tend to cause short-lived market volatility without triggering lasting shifts unless accompanied by liquidity events. The current scenario fits this pattern, with market participants closely monitoring for any further developments. Bitcoin’s Current Market Context Amidst Dormant Wallet Transfers Bitcoin continues to exhibit strong market fundamentals, trading around $108,043.69 with a market capitalization exceeding $2.15 trillion and a dominance rate of 64.57%, according to CoinMarketCap. Despite a 25.54% decline in 24-hour trading volume, the asset has shown a robust 41.12% price increase over the past 90 days. This resilience amidst large dormant wallet activity reflects growing institutional confidence and sustained retail interest. The recent wallet transfers, while significant, have not disrupted these positive trends, reinforcing Bitcoin’s position as a leading digital asset. Regulatory and Security Considerations Surrounding Dormant Bitcoin Movements Large-scale transfers from dormant wallets often prompt regulatory scrutiny due to concerns about market manipulation or illicit activity. However, no regulatory bodies have issued statements regarding this event. The movement to modern wallet addresses suggests a focus on enhanced security and compliance with evolving industry standards. Blockchain analytics firms continue to monitor these wallets for any signs of suspicious activity, but current evidence points toward legitimate asset management rather than nefarious intent. This development highlights the importance of transparency and robust security practices in maintaining market integrity. Conclusion The transfer of 80,000 BTC from wallets dormant since 2011 represents a landmark event in Bitcoin’s history, emphasizing strategic asset management over immediate liquidation. The market’s brief reaction followed by stabilization illustrates Bitcoin’s maturity and investor confidence. While the origins and intentions behind these movements remain speculative, the shift to modern wallets signals a prudent approach to security and long-term holding. As the crypto community awaits further developments, this event underscores the dynamic nature of Bitcoin’s ecosystem and the ongoing evolution of digital asset management. In Case You Missed It: Bitcoin Whale’s $8 Billion Move Sparks Market Caution Amid Mixed Technical Signals
PicWe Is Now Live on Arbitrum, Bringing Omni-Chain Experience Without Bridging
PicWe enables seamless cross-chain transfers to Arbitrum without using traditional bridges. Developers can build omni-chain apps on Arbitrum using PicWe’s user-first infrastructure. PicWe is now live on Arbitrum . Not only is it present, this platform immediately made a breakthrough with a fairly bold approach: eliminating the bridging process that has been considered complicated and prone to errors. Users can now move assets to Arbitrum One in minutes from various networks such as Base, BNB Chain, and Movement—without having to deal with traditional cross-chain bridges. PicWe is now live on @Arbitrum ! 💙 Arbinauts, it’s time to move seamlessly 🌐 PicWe unlocks a bridgeless, omni-chain experience—now on Arbitrum. Move assets to Arbitrum One in minutes from Base, BNB Chain, Movement and more, with no need for complex bridging steps. Whether… pic.twitter.com/SSmCEYV1hu — PicWe (@PicWeGlobal) July 4, 2025 No More Gate Changes: PicWe Delivers True Bridgeless Navigation If usually moving from one chain to another is like transiting at an airport with five gate changes, now it feels like taking a taxi straight to your destination. PicWe calls this an omni-chain bridgeless experience. What it mean? Everything is connected, but without the need to go back and forth throwing assets through circuitous routes. And interestingly, this does not only apply to end users, but also targets developers who want to build directly on Arbitrum without the hassle of multi-chain configuration. PicWe Infra is designed so that users can navigate cross-chain assets with a smooth and secure experience. On the one hand, this makes the user experience simpler. On the other hand, developers can build cross-chain Web3 applications without fear of losing users due to technical matters. Arbitrum Strengthens Its Ecosystem with Volume, Investments, and Vision Additionally, CNF recently reported that Arbitrum’s DEXs have processed over half a trillion dollars in swaps . That’s an impressive number, indicating that the Layer-2 ecosystem is alive and kicking. Three major projects are the main contributors to this volume: Camelot, Uniswap, and PancakeSwap. So yes, when it comes to collaboration and network growth, Arbitrum is no small fry. Furthermore, in May, the Arbitrum DAO also approved an $11.6 million investment in tokenized US Treasury bonds. The funds were split between three major asset managers: Franklin Templeton, Spiko, and WisdomTree. Interestingly, almost 89% of the votes were in favor of this distribution. Only 0.01% voted against it, and around 11% voted to remain silent. This shows the community’s confidence in Arbitrum’s move to expand its exposure to real-world assets. Arbitrum isn’t just busy with transaction volumes or investment matters. In mid-March, as we’ve highlighted, Offchain Labs and the Arbitrum Foundation launched Onchain Labs together. This is a program to support early-stage blockchain projects—those that may not have a large team or strong capital but have bold ideas. The program provides funding, mentorship, and the resources needed to help these projects grow. With all of this, PicWe’s entry into Arbitrum feels like a perfect time. At a time when the network is aggressively expanding its reach and its ecosystem is becoming more diverse, the presence of solutions like PicWe only strengthens that foundation. Besides that, as of the writing time, ARB is changing hands at about $0.3237, up 6.6% over the last 7 days, driving its market cap to surpass the $1.50 billion mark.
Google’s AI overviews face legal challenge as publishers claim unfair competition
A coalition of independent publishers has lodged an antitrust complaint with the European Commission, accusing Alphabet’s Google of abusing its dominant search position by using their material to power its AI Overviews without offering an opt‑out. The group also seeks an interim injunction, warning that continued use would inflict irreversible damage to their readership and revenues. The complaints against Google are not unique, as earlier this year, the UK’s competition watchdog launched an investigation into the search engine giant’s dominance in search and search advertising. AI integration by Google has sparked publisher concerns Google’s AI Overviews automatically generate summaries that appear above traditional search links and are shown to more than a hundred countries. Since May of last year, these snippets have even included advertisements, marking Google ’s most significant push to weave AI into its core search service. But, some content providers argue that this feature unfairly diminishes traffic to their own sites. According to a June 30 filing seen by Reuters, the Independent Publishers Alliance contends that Google’s practice “misuses web content for AI Overviews,” causing “significant harm to publishers, including losses in traffic, readership and revenue.” They claim the placement of AI summaries at the very top of search results sidelines the original articles, effectively steering users away from the publishers themselves. “Google’s core search engine service is misusing web content for Google’s AI Overviews in Google Search, which have caused, and continue to cause, significant harm to publishers, including news publishers in the form of traffic, readership and revenue loss.” – Publishers’ filing. The complaint underscores that publishers have no way to stop Google’s large language models from scraping their work, yet if they try to block crawling, they also forfeit their presence in ordinary search listings. “Publishers using Google Search do not have the option to opt out from their material being ingested… without losing their ability to appear in Google’s general search results page,” it states. The Alliance is not alone. The Movement for an Open Web, a collective of digital advertisers and publishers, and the UK-based legal charity Foxglove have joined the suit, urging both Brussels and London’s Competition and Markets Authority to impose urgent restraints to prevent further damage and ensure access to news. This adds to the growing conflict between AI and journalism Neither the European Commission nor the UK CMA would comment on ongoing filings. Google, for its part, insists it drives “billions of clicks to websites each day” and that its new AI features help users find content and businesses. A spokesperson told the media that: “New AI experiences in Search enable people to ask even more questions, which creates new opportunities for content and businesses to be discovered.” Google also dismissed claims about declining traffic as based on “incomplete and skewed data,” pointing out that fluctuations can stem from seasonality, changing user interests, or standard algorithm tweaks. “The reality is that sites can gain and lose traffic for a variety of reasons, including seasonal demand, interests of users, and regular algorithmic updates to Search,” said the spokesperson. Foxglove co‑executive director Rosa Curling warned that independent news outlets face an “ existential threat ” from AI Overviews. “That’s why we are urging regulators around the world to let journalism opt out,” Curling told Reuters. “That’s why with this complaint, Foxglove and our partners are urging the European Commission, along with other regulators around the world, to take a stand and allow independent journalism to opt out.” – Curling. Similar legal action has already been launched in the United States, where an educational technology firm argues that Google’s summaries undermine demand for original content, sapping visitor numbers and subscriber growth. As both sides prepare for what could become landmark antitrust determinations, it remains to be seen if Google can continue to bolster its AI-driven search innovations without trampling on the livelihoods of the very publishers whose content fuels its algorithms. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Solana’s July 4 Price Holds Steady Amid Market Trends
What to Know: Solana’s market continues with no leadership changes or major announcements. Predicted price of $150.34 remains notable for investors. Institutional interest maintains a positive market outlook for SOL. Solana’s July 4 Price Holds Steady Amid Market Trends On July 4, 2025, Solana’s predicted price stands at $150.34, reflecting steady market trends and investor interest. Solana’s market activity indicates consistent price levels, with institutional interest and technical consolidations shaping future predictions. Solana’s Price Holds at $150.34 Despite No Major News As of July 4, 2025, Solana’s price is approximately $150.34, according to algorithmic models . The project’s co-founders remain in leadership roles, with no major announcements. Both Anatoly Yakovenko and Raj Gokal continue to lead Solana, known for its high throughput and low transaction costs. There are currently no notable market changes or leadership shifts. Institutional Interest Backs Investor Confidence in Solana The consistent price levels indicate active defense around $146.50–$150, reflecting investors’ confidence. Institutional interests provide a positive backdrop for Solana. The SEC’s classification of SOL as a security still influences adoption, while ongoing institutional interest supports market optimism for Solana’s future valuation. The SEC has stated, “SOL is still recognized by the SEC as a security, which continues to influence institutional adoption and regulatory friction in the U.S. market.” Historical Trends Suggest Positive Price Movement for Solana Solana’s past price consolidations near support zones have led to short-term upward biases. This pattern is aligned with ongoing speculative ETF and institutional interest phases. Data indicates that, given historical trends, Solana may see continued accumulation in coming weeks, potentially impacting its short-term price movements positively. As noted by Price Forecasting Experts, “The predicted price for Solana (SOL) on July 4, 2025, is approximately $150.34, based on algorithmic models incorporating 5% annual growth.”
Eight Dormant Bitcoin Wallets Move $8.6B in BTC After 14 Years, Raising Security Concerns
Eight long-dormant Bitcoin wallets, each holding 10,000 BTC, suddenly transferred a combined $8.6 billion worth of Bitcoin after 14 years of inactivity, raising alarms in the crypto community. The synchronized movement of these wallets, alongside a preceding Bitcoin Cash test transaction, has sparked intense speculation about potential hacking or coordinated whale activity. According to Coinbase’s head of product, Conor Grogan, the unusual timing and selective wallet activity suggest the possibility of compromised private keys rather than routine owner transfers. Eight dormant Bitcoin wallets moved $8.6B in BTC after 14 years, raising security concerns amid suspicious BCH test transactions and synchronized fund transfers. Unprecedented Movement of Dormant Bitcoin Wallets Sparks Market Attention After more than a decade of inactivity, eight Bitcoin wallets, each originally funded with exactly 10,000 BTC in 2011, suddenly became active, transferring a total of 80,009 BTC valued at over $8.6 billion. This rare event has caught the attention of analysts and investors alike, as the wallets had remained untouched since Bitcoin’s early days when its price was under $1. The exact and simultaneous movement of these large sums to newly created, lower-fee Bitcoin addresses suggests a deliberate and coordinated action rather than random activity. Timing and Transaction Patterns Indicate Possible Security Breach The transfers occurred within a narrow timeframe, with all eight wallets moving funds within hours of each other. Notably, a suspicious Bitcoin Cash (BCH) transaction was detected approximately 14 hours prior to the BTC movements, which experts like Coinbase’s Conor Grogan interpret as a potential test of wallet access. The fact that other BCH-related wallets linked to the same entity remained inactive adds to the suspicion that the private keys may have been compromised rather than the movements being voluntary. Implications for Bitcoin Security and Market Stability This unprecedented activity raises critical questions about the security of long-held Bitcoin wallets and the potential risks posed by dormant assets suddenly entering circulation. If these wallets were indeed hacked, it could represent one of the largest digital asset breaches in history, potentially impacting market sentiment. However, the funds have not moved beyond the new addresses, indicating that the situation is still unfolding and market participants should monitor developments closely. Community Reactions and Expert Insights The crypto community has responded with a mix of concern and curiosity, debating whether these transfers are the result of lost keys being recovered, strategic whale movements, or malicious activity. Industry experts emphasize the importance of vigilance and recommend enhanced security protocols for custodians of large Bitcoin holdings. The coordinated timing and methodical transfer patterns underscore the sophistication behind these transactions, whether legitimate or illicit. Conclusion The sudden activation of eight dormant Bitcoin wallets holding a combined $8.6 billion worth of BTC after 14 years marks a significant event in the cryptocurrency landscape. While the exact motives remain unclear, the suspicious BCH test transaction and synchronized fund movements raise valid security concerns. Market participants should stay informed as this story develops, keeping in mind the potential implications for Bitcoin’s security and broader market dynamics. In Case You Missed It: Bitcoin Nears $110,000 Amid Consolidation and Mixed Market Signals Ahead of July 4 Holiday
Dormant Bitcoin Wallets Move 20,000 BTC Worth $2 Billion, Market Observes Potential Implications
Two dormant Bitcoin wallets moved a staggering 20,000 BTC, valued at over $2 billion, after 14 years of inactivity, stirring significant attention in the crypto market. The owners of these wallets remain unidentified, and despite the large transfer, there has been no immediate impact on Bitcoin’s market price, indicating cautious market behavior. According to on-chain analyst Lookonchain, “These wallets acquired the Bitcoin (BTC) on April 3, 2011, when the price was approximately $0.78,” highlighting the extraordinary appreciation of Bitcoin over time. Two dormant wallets moved 20,000 BTC worth $2B after 14 years; owners unknown, market stable with no immediate sell-off, signaling resilience in Bitcoin trading. Significant Movement of Dormant Bitcoin Wallets Sparks Market Attention On July 5, 2025, two Bitcoin wallets that had remained inactive since 2011 suddenly transferred a combined total of 20,000 BTC, valued at over $2 billion at current prices. This unexpected activity has drawn widespread interest from investors and analysts alike, given the rarity of such large transfers from long-dormant wallets. The wallets originally acquired these coins when Bitcoin was trading at approximately $0.78, underscoring the massive value growth over the past 14 years. Despite the scale of the movement, the funds were moved to non-exchange addresses, suggesting the owners are not immediately liquidating their holdings. Market Stability Amidst Large Bitcoin Transfers The transfer of such a significant amount of Bitcoin could have typically triggered volatility or sell-offs; however, the market has remained notably stable. On-chain data from Lookonchain indicates that the BTC has not entered exchange wallets, which often precede selling activity. This restraint has reassured investors and highlighted the market’s increasing maturity and resilience. Analysts emphasize that while dormant wallet movements often precede price fluctuations, the current lack of liquidation signals a cautious approach by the holders, possibly awaiting favorable market conditions or employing strategic asset management. Implications for Bitcoin Market and Regulatory Oversight The mysterious nature of the wallet owners has fueled speculation within the Bitcoin community, with some suggesting institutional involvement or early adopters resurfacing. Regulatory bodies are likely to monitor these developments closely, although no official statements have been made. Historically, large dormant wallet movements have attracted regulatory scrutiny due to concerns over market manipulation or illicit activity. However, the absence of immediate sell-offs reduces the likelihood of sudden market disruptions. This event serves as a reminder of the latent supply in Bitcoin’s ecosystem and its potential influence on future market dynamics. Historical Context and Future Outlook Bitcoin’s history includes several notable instances where dormant wallets have moved significant amounts of BTC, often leading to increased market speculation. The current transfer stands out due to the sheer volume and the extended dormancy period of 14 years. Such movements can act as indicators of changing market sentiment or strategic repositioning by long-term holders. Investors and analysts are advised to monitor on-chain metrics and wallet activity closely, as these factors provide valuable insights into potential market trends and investor behavior. Conclusion The recent transfer of 20,000 BTC from wallets dormant since 2011 highlights the enduring significance of long-term holders in the Bitcoin ecosystem. While the owners remain unidentified and no immediate liquidation has occurred, the event underscores the importance of monitoring dormant wallet activity as a key market indicator. Bitcoin’s price stability in the wake of this movement reflects growing market maturity and investor confidence. Moving forward, continued vigilance and analysis of such transfers will be essential for understanding potential shifts in market dynamics and investor strategies. In Case You Missed It: Binance Explores Institutional Loans and Leadership Changes Amid Evolving Crypto Market Landscape
Bitcoin Wallet with 10,000 BTC Reawakens After 14.3 Years
Key Points: Early Bitcoin whale wallet reactivated No confirmed ownership or industry link Market remains stable despite potential sell-off risks Bitcoin Wallet with 10,000 BTC Reawakens After 14.3 Years The event highlights potential sell-off risks if such large wallets liquidate holdings, though current market stability suggests restrained involvement. Tracking the Movement The on-chain tracker Whale Alert reported the movement at 11:47 AM GMT+8. With no known ownership, the wallet stirs speculation about its origin but no official confirmation ties it to any developer or entity. Market Dynamics Despite potential market anxiety, there is no evidence that BTC was transferred to exchanges. Spot Bitcoin ETFs saw inflows of $602 million, indicating stability. No official source suggests impacts on other cryptocurrencies. Past instances indicate risks of market volatility, yet this event reveals no long-term systemic impact so far. Without large transfers to exchanges, BTC value might remain unperturbed. Speculations and Regulation Speculations about regulation or broader market impact are unfounded as no regulatory bodies have commented. Historically, funds moving between addresses have muted market effects unless sold publicly. No statements or comments have been made by any major KOLs or industry leaders regarding the reactivation of the wallet.
Movement of $2 Billion Bitcoin From Dormant Wallets Sparks Fears of Sell-Off
Two long-dormant Bitcoin wallets holding a combined 20,000 BTC—worth over $2 billion at current prices—were reactivated today. These wallets transferred their balances to new addresses, sparking fears of long-term holder capitulation. Two Dormant Bitcoin Wallets Move $2 Billion in BTC BeInCrypto reported earlier that on-chain sleuth analytics platform Lookonchain identified the source of one of the transfers: a wallet created on April 3, 2011, when BTC was trading at just $0.78. At the time, the owner acquired 10,000 BTC for under $7,805. The wallet remained inactive for over 14 years until the early hours of July 4, when the full balance was moved to a new address. Lookonchain also found a second wallet from 2011 with a similar 10,000 BTC balance, making an identical move. Historically, such movements have preceded selloffs from long-term holders, prompting swift and cautious responses from market participants today. Bitcoin Market Reacts Many traders have scaled back their activities in anticipation of potential whale liquidations. This growing hesitation is reflected in BTC’s trading volume, which has plummeted 15% in the past 24 hours to $46 billion. BTC Price/Trading Volume. Source: Santiment A decline in trading volume alongside a price drop indicates weakening market conviction. In such cases, sellers dominate. This dynamic can set the stage for further BTC declines, as low volume often means less liquidity, making the coin’s price more sensitive to large sell orders. Furthermore, BTC’s price has dipped by roughly 1% amid the drop in trading volume. But, this decline comes alongside a rise in futures open interest (OI), signaling that traders are still placing leveraged bets despite reduced spot market participation. At press time, this is at $76 billion, a 1% rise in the past day. BTC Futures Open Interest. Source: Coinglass Rising OI during a period of low volume and falling prices often suggests an influx of speculative positioning, particularly from short-sellers anticipating further downside. This setup increases market fragility, increasing the likelihood of liquidation if price volatility increases. With this setup, even small BTC price swings can trigger significant stop-losses or margin calls, increasing the downward pressure on the coin’s price. Bitcoin Price Hangs in the Balance At press time, BTC trades at $108,978, hovering just below its recent highs. However, the market remains on edge following today’s movement of 20,000 BTC from the whale wallets. If a significant portion of these coins are deposited onto exchanges and sold, it could intensify bearish pressure and push Bitcoin’s price down toward $106,295. BTC Price Analysis. Source: TradingView Conversely, if the whales opt to hold and broader market sentiment turns bullish, the coin could find fresh upward momentum. A decisive break above $109,267 may pave the way for a rally toward the $110,422 mark.
Bitcoin wallet wakes up after 14 years, moves 80,000 BTC
Bitcoin wallets that had been dormant for over 14 years suddenly reactivated, moving more than 80,000 BTC. According to Lookonchain, two Bitcoin ( BTC ) wallets dating back to 2011 sprang to life and transferred 20,000 BTC each, as a Satoshi-era holder emerged from long-term hibernation to move billions of dollars’ worth of the benchmark cryptocurrency. Movement of coins dating back to the days of Satoshi Nakamoto has happened over the years. Bitcoin whale wakes up after 14 years The two reactivated wallets were part of a broader group of eight wallets that, according to on-chain data, are controlled by an early adopter who acquired their BTC in 2011, well before Bitcoin’s meteoric rise. Lookonchain reported that two of these addresses received Bitcoin in April 2011, when prices hovered around $0.78. The remaining six started holding from May 2011, when BTC traded at approximately $3.37. These holdings remained untouched for over 14 years. The original value of coins in the first two addresses totaled roughly $15,600 and is now valued at over $2.18 billion. The other six wallets have seen their combined holdings grow from $202,000 to more than $6.5 billion. A Bitcoin OG holding at least 80,009 $BTC ($8.69B) woke up after 14+ years of dormancy and transferred out 40,000 $BTC ($4.35B) today! This OG controls about 8 wallets, 2 of which received 20,000 $BTC ($15,600 at the time, $2.18B now) on April 2, 2011, when the price of $BTC was… pic.twitter.com/F8jULZ6Ee7 — Lookonchain (@lookonchain) July 4, 2025 80,000 Bitcoin moved On Friday, July 4, 2025, the wallets that held at least 80,009 BTC in nearly a decade and half of dormancy, began transferring the coins out. Two of these transactions were of 40,000 BTC worth about $4.35 billion, on-chain data showed. The transfers began late Thursday night and Lookonchain provided an update showing all eight wallets had reactivated and transferred out 80,009 BTC. At Bitcoin’s staggering prices, these coins are worth about $8.69 billion. According to CryptoQuant , the movement of these Satoshi-era Bitcoin marks the largest single-day movement for coins over a decade old. Rather than sent to exchanges, the transfers were to other unknown addresses, suggesting potential reallocation. However, the holders could also be eyeing other outcomes, including a possible sale as BTC looks to break to new highs. Bitcoin price fell from highs of $110k to lows of $107,600 in 24 hours on July 4, with a 1.3% dip also hitting the rest of the crypto market.
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