Whale Alert
138.8M $USDC (≈138.8M) moved from unknown wallet to #Coinbase.
138.8M $USDC (≈138.8M) moved from unknown wallet to #Coinbase.
Large transfers to exchanges like Coinbase can indicate significant trading activity or liquidity needs by the sender.
The identity of the unknown wallet remains undisclosed, which raises questions about the source of the funds.
Stories our editors think pair well with this one.
1.7K $BTC (≈105.3M) moved from unknown wallet to unknown wallet.
The disagreement is itself the signal: cycle-bottom calls rarely get unanimous, and a still-active $40K-bid camp means conviction on a durable bottom remains underweight.
Three sessions of losses, an 8% OI flush, and whale balances frozen at 2.53B ADA have turned a healthy pullback into a debate about whether $0.18 holds or the June low at $0.1385 comes back into play.
The price target is unchanged because the deal was already modeled in, but the 20-year tenor and $27B contracted backlog reset the floor on what crypto-miner-to-AI pivots can underwrite.
The bounce is a textbook relief move, not a structural shift, and the percentage of supply under water is back near levels that have marked prior cycle buy zones.
Weak US jobs data handed bulls the catalyst, but options desks are still paying for downside puts, leaving the $66K to $68K zone set up as the rally's first real test.
Catch up on earlier coverage from this beat.
5K $BTC (≈407M) moved from unknown wallet to unknown new wallet.
The Glassnode risk gauge has cleared to zero for the first time in seven months — a level the firm's research desk says has historically lined up with the start of structural upside phases for BTC.
The breakdown below a round-number support is the headline, but the deeper read is the whale distribution: 70 large wallets gone in a month, and the dollar-weighted flow on the way out.
Bitcoin is pressing toward the $70,000 level as two converging pressures weigh on the market: Strategy's ongoing BTC…
The macro regime just hardened against risk: with $BTC pinned below a weakening $76K and leverage stacked on the wrong side, a slide toward $70K becomes the path of least resistance.
Two roughly equal 20% stakes — and the involvement of a major domestic broker — would be the first major foreign-exchange entry into South Korea since Binance closed on Gopax.
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