A notable Bitcoin whale has recently increased its holdings by adding 2,400 Bitcoin, valued at $200 million, following a sell-off of over 11,400 Bitcoin in recent months. This accumulation comes as Bitcoin experiences a price rebound, trading between $81,000 and $88,000. Though the whale had previously sold Bitcoin when prices fell from over $104,000 to ...
Recent on-chain data reveals that Bitcoin shark wallets, which hold between 100 to 1,000 BTC, have reached an all-time high with over 15,777 addresses now recorded. This increase signals a potential bullish trend for Bitcoin, as these influential investors continue to accumulate. Despite a pause in Bitcoin’s bull run, sharks remain active in the Market, ...
Rumors are circulating that the United Arab Emirates (UAE) may have accumulated over $40 billion in Bitcoin, potentially making it one of the top three Bitcoin holders globally. This speculation gained traction after a tweet from Binance’s founder, Changpeng Zhao. If accurate, it suggests the UAE possesses nearly 412,000 BTC. While this information remains unverified, ...
Crypto miners are increasingly adopting a Bitcoin accumulation strategy, similar to MicroStrategy, to cope with profitability challenges. Factors like the April reward halving, which reduced Bitcoin earnings per block, and a rising network hashrate are intensifying competition in mining. Instead of selling off their Bitcoin to cover expenses, many miners are choosing to hold onto ...
