Bitcoin started to see increased inflows into centralized exchanges from Dec. 1, hinting at a potential selloff. According to data provided by IntoTheBlock, the Bitcoin btc7.74%Bitcoin exchange net flows surged from a net outflow of $69 million to a net inflow of $326 million. The flagship cryptocurrency recorded a net inflow of $230 million on Dec. 3. BTC exchange...
A Bitcoin whale that has been dormant for over 10 years moved 687 BTC worth $43 million. According to Lookonchain data, the whale received 687.33 Bitcoins (BTC) on Jan. 12, 2014, valued at around $630,000 at the time when BTC’s price was $917. A decade later, the value of Bitcoin has increased almost 70 times, based on the current price...
As Bitcoin’s price grazed the $64,000 milestone on Feb. 28, market indicators indicate an imminent rally to new all-time highs above $70,000. Bitcoin (BTC) grabbed headlines again on Feb. 28, as prices surged to a daily timeframe peak of $64,000, its highest in 830 days. With whale investment metrics still flashing green signals, a new all-time...
The U.S. government allegedly transferred Bitcoin (BTC) from two wallets that contained funds confiscated in the 2016 Bitfinex hack. According to Arkham Intelligence, on Feb. 28, from approximately 18:39 UTC to 19:55 UTC, U.S. authorities transferred almost a billion dollars worth of Bitcoin in four transactions. First, the wallet transferred 1 BTC worth $60,200 (at the time...
