• A dormant Bitcoin whale moved $634K to Kraken, reflecting a notable shift in market dynamics and investor sentiment.
• Bitcoin’s price has risen by 2.06% in the last 24 hours, with 90% of holders currently in profit, indicating strong demand.
• Recent trading trends show a notable increase in futures volume and a net outflow of 282.6 million BTC from exchanges.

A Bitcoin whale, dormant since near Bitcoin’s genesis block, just moved $634,000 in BTC to the Kraken exchange. This transfer, flagged by crypto intelligence platform Arkham on X, comes from a wallet holding $73.4 million in Bitcoin and may signal shifts in market sentiment with the BTC price hovering around $63,870.88.

This is not the first time this whale has made waves. Just a month ago, they transferred another portion of their holdings, marking their reemergence after years of inactivity. 

The latest market da…

The post Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken appeared first on Coin Edition.

• A dormant Bitcoin whale moved $634K to Kraken, reflecting a notable shift in market dynamics and investor sentiment.
• Bitcoin’s price has risen by 2.06% in the last 24 hours, with 90% of holders currently in profit, indicating strong demand.
• Recent trading trends show a notable increase in futures volume and a net outflow of 282.6 million BTC from exchanges.

A Bitcoin whale, dormant since near Bitcoin’s genesis block, just moved $634,000 in BTC to the Kraken exchange. This transfer, flagged by crypto intelligence platform Arkham on X, comes from a wallet holding $73.4 million in Bitcoin and may signal shifts in market sentiment with the BTC price hovering around $63,870.88.

This is not the first time this whale has made waves. Just a month ago, they transferred another portion of their holdings, marking their reemergence after years of inactivity. 

The latest market da…

The post Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken appeared first on Coin Edition.