On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $ 96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the …
Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long-term holder addresses over the last 30 days. These recent statistics suggest that some investors are seizing the current price […]
Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $ 57,000 mark. Germany Reduces Bitcoin Holdings to 39,826 Bitcoin This weekend, the German government’s wallet transferred another …
Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $ 294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions. 4,681 BTC Moved From Long-Inactive Wallets While BTC faced considerable fluctuations in June, bitcoins from long-inactive …
According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $ 75 billion to $ 100 billion daily to around $ 7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous stablecoin transfer volumes, indicating that the metrics …