Institutional Investors and Whales

ForkLog 23 16.09.2024

No place for institutions: what bitcoin ETFs have really done for crypto

After the approval of bitcoin ETFs in the US, many in crypto expected a flood of institutional money. Yet nine months on, the numbers suggest their presence has been minimal. Oleg Cash Coin examined what bitcoin ETFs have really contributed as an investment vehicle. The ETF myth The first exchange-traded funds based on bitcoin appeared […]

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ForkLog 8 10.09.2024

Japanese Firm Metaplanet’s Bitcoin Reserves Near 400 BTC

The Japanese investment firm Metaplanet Inc. announced the acquisition of an additional 38.464 BTC, valued at approximately 300 million yen ($2 million). The average price of the latest cryptocurrency purchase was around 7.8 million yen ($54,786). In total, the firm has spent 3.75 billion yen ($26 million) on 398.8 BTC. The average purchase price of […]

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ForkLog 9 08.09.2024

Dormant Bitcoin Address Awakens After a Decade, Moves $2 Million

A wallet inactive for over a decade has transferred 35 BTC, valued at $2 million, to a new address. Analysts at Whale Alert noted this activity. ? A dormant address containing 35 #BTC (1,990,206 USD) has just been activated after 10.5 years (worth 21,632 USD in 2014)!https://t.co/8O2payiO3Q — Whale Alert (@whale_alert) September 5, 2024 The […]

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ForkLog 18 26.08.2024

Semler Scientific Acquires Additional 83 BTC for $5 Million

Medical technology firm Semler Scientific announced the purchase of an additional 83 BTC for $5 million. According to Eric Semler, Chairman of the Board, the company is “encouraged by the growing institutional acceptance” of digital gold. “We recently acquired additional bitcoins, primarily using cash from operations as well as capital raised under our program,” he […]

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ForkLog 18 21.08.2024

Bitcoin Whales Slow Accumulation Amid Market Uncertainty

Large bitcoin investors have reduced their monthly accumulation rate to 1%, down from the typical 3% seen in bullish markets, according to CryptoQuant, as reported by Cointelegraph. In February 2019, this figure reached 6%. Data: CryptoQuant. Analysts indicate that most demand metrics currently show weakness, insufficient to reach a new all-time high. Experts have deemed […]

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ForkLog 7 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 12 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 6 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 10 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 15 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 7 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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