Institutional Investors and Whales

ForkLog 8 20.08.2024

Institutional Investors Unfazed by Bitcoin Volatility

Despite the volatility of the leading cryptocurrency, institutional players remain resilient. This was stated by Andre Dragos, head of Bitwise’s research department in Europe, in a conversation with The Block. “[Large investors] are not fleeing from the increased volatility of Bitcoin; instead, they remain quite stable and inclined to hold,” he noted. Dragos highlighted data […]

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ForkLog 13 17.08.2024

Dormant Bitcoin Address Awakens After a Decade, Moves $10 Million

A wallet inactive for over a decade has transferred 174 BTC, valued at $10.1 million, to a new address. Analysts at Whale Alert noted this activity. ? ? A dormant address containing 174 #BTC (10,162,306 USD) has just been activated after 10.6 years (worth 142,600 USD in 2014)!https://t.co/HtndhS8ZU0 — Whale Alert (@whale_alert) August 16, 2024 […]

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ForkLog 7 13.08.2024

Solana Whale Offloads $86 Million in SOL Since January

A major investor in Solana (SOL) has transferred approximately 594,000 coins, valued at around $86 million, to exchanges Coinbase, Binance, and OKX through regular transactions since January. This activity was highlighted by Lookonchain. A whale sold 594K $SOL($86M) this year! Since Jan 15, this whale has deposited 594K $SOL($86M) to #Coinbase, #Binance, and #OKX, averaging […]

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ForkLog 15 13.08.2024

Metaplanet CEO Advocates Bitcoin Accumulation as Holdings Surpass 300 BTC

The Japanese public company Metaplanet announced the acquisition of an additional 57.1 BTC for 500 million yen (~$3.3 million). The company’s total bitcoin holdings have reached 303.095 BTC ($18 million). Last week, the firm secured a loan of 1 billion yen ($6.8 million) with an annual interest rate of 0.1%. Most of the funds were […]

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ForkLog 16 11.08.2024

Dormant Bitcoin Address Awakens After 11 Years, Moves $11.5 Million

A wallet inactive for over 11 years has transferred 190 BTC, valued at $11.5 million, to a new address. Analysts at Whale Alert noted this activity. ? ? A dormant address containing 190 #BTC (11,490,704 USD) has just been activated after 11.4 years (worth 12,125 USD in 2013)!https://t.co/UE5NjpyB9w — Whale Alert (@whale_alert) August 9, 2024 […]

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ForkLog 11 08.08.2024

JPMorgan Highlights Institutional Investors’ Role in Bitcoin’s Resilience

Institutional investors have largely maintained their positions in the leading cryptocurrency despite market turbulence, aiding in the rebound of its price, according to JPMorgan, as reported by The Block.

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ForkLog 8 08.08.2024

Bitcoin Whales Reach Peak Activity in Four Months

During the cryptocurrency market downturn on August 5–6, Bitcoin whale transactions hit their highest level since April, according to data from Santiment. ? August 5th and 6th saw the highest level of Bitcoin whale transactions since the first week of April. According to the total holdings of wallets with 10 to 1,000 BTC, they rapidly […]

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ForkLog 9 07.08.2024

Bitcoin Holders Increase Accumulations by 404,448 BTC in 30 Days

The balance of long-term investors’ wallets for the leading cryptocurrency has grown by 404,448 BTC ($23 billion) over the past 30 days, according to data from CryptoQuant CEO Ki Young Ju. I’m pretty sure something is happening behind the scenes. 404,448 #Bitcoin have moved to permanent holder addresses over the past 30 days, and it’s […]

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ForkLog 12 07.08.2024

Survey: 59% of US Funds Plan to Invest in Cryptocurrencies Within a Year

According to a survey by the law firm Barnes & Thornburg, 59% of fund managers expressed readiness to increase the share of cryptocurrencies in client portfolios. This was reported by Cointelegraph. “This is more than last year, when most stated that the state of the digital asset market had a significant negative impact on their […]

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ForkLog 15 06.08.2024

Capula Hedge Fund Holds $464 Million in Bitcoin ETFs

As of July 30, the British hedge fund Capula Investment Management held spot bitcoin ETFs totaling approximately $464 million. This is evidenced by the company’s report to the SEC. According to the documents, Capula’s assets are represented as follows: 4 million shares of Fidelity Wise Origin Bitcoin ETF (FBTC) valued at $211 million; 7.4 million […]

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ForkLog 18 29.07.2024

Cantor Fitzgerald Ventures into Bitcoin-Backed Lending

Cantor Fitzgerald is set to launch a fiat lending business secured by bitcoin. This was announced by the CEO of the financial group, Howard Lutnick, as reported by The Block. The initial limit will be $2 billion, with plans to double it in the future. Clients of the company will effectively be able to leverage […]

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ForkLog 94 22.07.2024

Inflation or deflation? How Ethereum’s economy has changed since the Merge hard fork

It is nearly two years since the Merge hard fork replaced Proof-of-Work with Proof-of-Stake on Ethereum. Oleg Cash Coin explains how the economics of the second-largest cryptocurrency have evolved since—and the part institutional investors play. 120,204,432 ETH: where does this figure come from, and what does it mean? On September 15, 2022, Ethereum’s developers activated […]

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