Crypto just experienced its worst quarter in a decade, with a particularly brutal June. Any silver linings? Glassnode can see HODLer resolve.
As of June 29, 2022, there were only 25,390 wallets that held more than $1 million worth of Bitcoin. That represents a drop of around 72 percent in just six months.
Also: CEO Michael Sonnenshein said Grayscale is suing the SEC over the company’s Bitcoin spot ETF application.
Amid the ongoing crypto crash, on-chain data indicates that so-called Bitcoin whales have been quietly filling their bags.
A Bitcoin (CRYPTO: BTC) whale just sent $73,291,385 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1NzMRSyuhpFKznPHtMDUWYmvBXn8GH9emM.
A Bitcoin (CRYPTO: BTC) whale just sent $125,720,949 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.
What happened: A Bitcoin BTC/USD whale just sent $125,005,913 worth of Bitcoin off Gemini. The BTC address associated with this transaction has been identified as: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.
According to the crypto platform, BitInfoCharts, the world’s largest Bitcoin (CRYPTO: BTC) whale, holds 130,227 BTC, worth over $2 billion ($2,740,221,284.06). With a series of transactions since June …
The dip to $17,600 — 70% below November’s all-time highs for BTC/USD — has hit some players hard, data now shows, with miner wallets sending large amounts of coins to exchanges. This, CryptoQuant …
The Microstrategy CEO, who turned his software company into a bet on Bitcoin, believes competing digital tokens and many crypto stakeholders like exchanges scare off professional investors due to “all …