Just like last week, another miner from Bitcoin’s earliest days has come back to life—and this one might be selling off their coins….
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BTC ETFs: -$81m, ETH ETFs: +$11m. Crypto falls as markets react negatively to CPI print. BTC whale buying slows, death cross on weekly. Low CPI print could still lead to BTC ATH: Grayscale. Exchanges see $1bn USDT withdrawal. US government sends $584m BTC to exchanges. Apple Pay may soon allow USDC payments. Schumer vows to pass crypto regulation this year. Morgan Stanley discloses $188m BTC ETF holding. Vanguard say they won’t do BTC ETFs. Marathon Digital buys $249m BTC. DeFi rises as Aave hits weekly high in borrowers. BitGo continues to stress autonomy from Justin Sun. Binance returns to India….
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“Most selling is coming from new whales,” the CryptoQuant Head of Research wrote, “old whales are basically not selling.”…
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SOL continues to lead majors, memecoins run higher. SOL/ETH hits ATH, breaks key resistance level. BTC whales bought $23bn in last month. BTC volatility hits 20-month high. NASDAQ & BlackRock ask to list ETH options. ETH ETF inflows outpace BTC. BlackRock ETH ETF sees $900m inflows so far. New ETH L2 created ‘every 19 days’. $2bn of seized ETH transferred by Chinese police. Jump continues to exit ETH position. Move in Yen is opportunity to buy BTC: Hayes. Tether mints another $250m on SOL. DeFi revenues soar, AAVE makes $6m in one day. HyperLiquid sees record $4.3bn of trade volume. Binance saw $1.2bn inflows, biggest inflow of 2024. Nearly every Binance launchpad coin is now red. Kamala reschedules crypto leaders meetup….
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BTC ETFs: +$44m, ETH ETFs: -$133m. ETH falls as Grayscale ETF outflows continue. ETH ETFs still see $1bn of daily volume. Liquidations hit $250m in sell-off. ETH Open Interest hits ATH at CME. BTC whales have bought $23bn in July. SOL weekly active addresses hits ATH. Bitstamp to distribute Mt. Gox BTC today. Russia to legalise crypto mining & payments. Lummis set to introduce BTC strategic reserve bill. Harris will not be at Bitcoin Nashville. BTC going to $52m by 2050: VanEck. Hashdex file for mixed BTC & ETH ETF. Coinbase to make tokenised treasuries fund. Polymarket partners with Moonpay for on-ramp. Ferrari accepts crypto in Europe. Bitfarms stopped in poison-pill strategy. Riot buys another miner for $93m….
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Trump response optimism takes BTC to $63K. Bitcoin whales accumulate most since April 2023. Trump still set to talk at Bitcoin Nashville. ETH ETF approval this week: Geraci. XRP vs SEC press conference rumoured on 18th. Crypto funds saw $1.44B inflows last week. Rumours China is to ‘unban BTC’ in Q4. S. Korea may delay crypto taxes until 2028. Russia to allow crypto trading on stock exchange. All altcoin categories outperform BTC over 7d. BitConnect infamous promoter convicted. Scroll becomes 8th L2 with TVL over $1bn. ETHFI Season 2 claims available this week. Base hits record 1m UserOps in a week….
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BTC ETF Inflows: +$423m. Crypto pushes higher, biggest ETF inflow in 6 weeks. Mt. Gox FUD ‘overestimated’ as whales accumulate. Kraken to begin Mt. Gox repayments in 7-14d. ETH spot ETFs will push ETH to $5k: Bitwise. SOL ETF will be next: Bloomberg. XRP up 35% this week ahead of potential settlement. Aethir reports $36m H1 customer revenue. Craig Wright now under threat of perjury & forgery. FTX & CFTC in $12.7bn settlement. WLD up 40% after delaying unlock schedule. Helio announces instant crypto fiat commerce. Phantom pauses cross-chain swaps amid exploit….
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Trump response optimism takes BTC to $63K. Bitcoin whales accumulate most since April 2023. Trump still set to talk at Bitcoin Nashville. ETH ETF approval this week: Geraci. XRP vs SEC press conference rumoured on 18th. Crypto funds saw $1.44B inflows last week. Rumours China is to ‘unban BTC’ in Q4. S. Korea may delay crypto taxes until 2028. Russia to allow crypto trading on stock exchange. All altcoin categories outperform BTC over 7d. BitConnect infamous promoter convicted. Scroll becomes 8th L2 with TVL over $1bn. ETHFI Season 2 claims available this week. Base hits record 1m UserOps in a week….
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Together holding over $10 million in BTC, the whales could realize over 10,000% gains if sold….
Continue reading on https://decrypt.co/239116/bitcoin-whales-reawaken-after-more-than-decade-millions-in-profit
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Separately, one of the known U.S. government wallets transferred $11.75 million worth of ETH to an unknown address earlier today….
Continue reading on https://decrypt.co/237801/ethereum-ico-era-whale-moves-24-million-to-kraken
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