Bitcoin Whales

A Bitcoin Whale Moves Millions After 10-Year Slumber
Bitcoin

A Bitcoin Whale Moves Millions After 10-Year Slumber

In a surprising move on Monday, a Bitcoin whale awoke from over a decade of dormancy to transfer their stack worth tens of millions of dollars. This came amidst a steady Bitcoin rally over the weekend that saw the cryptocurrency’s price surge above $64,000. Bitcoin, the largest crypto asset by market cap, made a remarkable […]

May. 6, 2024
Bitcoin Faces GBTC Outflow Concerns & Carry Trade Gains Pressure
Bitcoin

Bitcoin Faces GBTC Outflow Concerns & Carry Trade Gains Pressure

Bitcoin price has fallen since Bitcoin ETFs were approved. This week, we assess the claims behind fear, uncertainty, and doubt (FUD), pointing to the Grayscale Bitcoin ETF. We analyze aggregate ETF flows while considering the increased holdings by BTC whales and underreported factors possibly dragging the market. Since the launch of spot ETFs, market observers […]

Jan. 27, 2024