An anonymous Ethereum whale executed a sale of 4,723 ETH for $19.55 million, concluding a nine-year holding period originally initiated with tokens acquired at $7.7 each in 2016. Despite the substantial transaction volume, the market absorbed the sale efficiently without… Read More »Ethereum Whale Cashes Out $19.55M in Historic Sale as Market Absorbs Impact
Bitcoin Magazine has counseled investors to maintain patience and adhere to long-term holding strategies following Bitcoin’s recent price decline. The publication emphasized Bitcoin’s history of resilience, noting that previous market downturns have consistently preceded substantial recoveries. The cryptocurrency recently registered… Read More »Bitcoin Magazine Advocates Patience and Long-Term Strategy Amid Market Correction
An unidentified Bitcoin whale has transferred 131 BTC to Binance exchange, liquidating holdings after maintaining the position for three years. The transaction was valued at approximately $15.45 million, yielding a realized profit of $13.19 million. Large-scale BTC movements of this… Read More »Bitcoin Whale Realizes $13.19 Million Profit After Three-Year Hold
A Bitcoin wallet containing 10,000 BTC, valued at approximately $1.09 billion, has been reactivated after lying dormant for 14 years. The wallet, originally funded in 2011 when the cryptocurrency’s price was significantly lower, contained Bitcoin worth roughly $7,793 at the… Read More »Dormant Bitcoin Wallet Holding $1.09 Billion Reactivated After 14 Years