Analyst: BTC may face selling pressure, $1.7 billion of BTC transferred to the chain
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, an on-chain analyst says.
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Genesis Plans to Sell $1.4 Billion Bitcoin
06/02/2024 20:44
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Glassnode: Who is selling BTC during the 805 crash?
The sell-off triggered panic among investors, with market participants locking in actual losses of around $1.38 billion. In absolute terms, this was the 13th largest event in history in terms of U.S. dollars.
JinseFinanceGerman MPs call on government to stop selling BTC
Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell off its massive BTC holdings.
JinseFinanceGerman MPs call on government to stop selling BTC
Critics believe that such large-scale liquidations by the government could have long-term negative effects on the stability of the Crypto asset market.
JinseFinanceGenesis seeks bankruptcy court authorization; El Salvador will not revoke BTC legal tender decision
Golden Finance launches the 2228th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceHow much money did MicroStrategy make selling Stud BTC?
It is reported that Michael Saylor sold 3,882 to 5,000 MicroStrategy shares on certain days before the SEC approved the Bitcoin spot ETF, earning more than $20 million.
JinseFinanceANALYSIS: Short-term BTC Holders Are Selling Their Final Bags at $26k
Retail investors are running out of excess funds. During the pandemic, the US government provided a substantial amount of fiscal stimulus to residents, boosting not only the economy but also directing a significant amount of funds into the financial markets, inflating bubbles in small-cap stocks and cryptocurrencies.
Coinlive As Genesis and Gemini Struggle, Are whales
The leading crypto, Bitcoin, is up by nearly 12% in two weeks, whereas Ethereum is up by almost 20%.
BeincryptoBitcoin miners hodl 27% less BTC after 3 months of major selling
The industry's "hodlers of last resort" have had no choice but to sell their coins, but the trend is fiercely reversing this month, data shows.
CointelegraphTether calls thesis behind USDT short-selling 'flat out wrong'
Tether said the hedge funds that saw Terra’s collapse as a reason to short USDT have “a fundamental misunderstanding of both the cryptocurrency market and Tether."
Cointelegraph