A significant transfer of 4,166 BTC from cryptocurrency exchange Kraken to an unknown wallet has captured market attention, suggesting either long-term holding strategies or an over-the-counter (OTC) transaction. Such substantial movements often indicate strategic positioning by major holders, commonly referred… Read More »Large-Scale Bitcoin Transfer from Kraken Sparks Whale Movement Speculation
A long-inactive Bitcoin whale executed a massive transfer of 9,999 BTC valued at $1.19 billion, marking its first transaction in 14 years. The funds were moved to a new wallet within a three-hour window, dramatically reducing the entity’s holdings from… Read More »Dormant Bitcoin Whale Moves $1.19 Billion BTC After 14 Years, Slashes Holdings
The Ethereum Foundation has executed a significant over-the-counter (OTC) transaction, selling 10,000 ETH to publicly traded company SharpLink Gaming. The sale, completed at an average price of $2,572.37 per ETH, signals strong institutional interest in Ethereum’s underlying technology and its… Read More »Ethereum Foundation Sells 10,000 ETH to SharpLink Gaming, Boosting Institutional Confidence
The Ethereum Foundation facilitated an over-the-counter sale of 10,000 ETH to blockchain gaming firm SharpLink Gaming at an average price of $2,572.37, executed just prior to Ether’s climb above $3,000. This strategic transaction highlighted institutional treasury maneuvering coinciding with significant… Read More »Ethereum Foundation’s Discounted ETH Sale to SharpLink Gaming Precedes Market Rally Above $3,000
A major institutional investor demonstrated significant conviction in Ethereum (ETH) during recent market weakness, purchasing substantial amounts of the cryptocurrency via over-the-counter (OTC) transactions despite incurring an unrealized loss. According to verified transaction data, the investor acquired a total of… Read More »Whale Investor Accumulates $3.34 Billion in Ethereum Amid Market Correction
A wallet associated with blockchain technology company Consensys has purchased 17,864 Ethereum (ETH) worth approximately $50 million through Galaxy Digital’s over-the-counter (OTC) trading desk. This institutional-scale transaction highlights sophisticated players’ strategic positioning within the Ethereum ecosystem. The wallet’s holdings reveal… Read More »Consensys-Linked Wallet Acquires $50 Million in ETH via Galaxy Digital OTC Desk