A crypto whale, or a large holder with a significant amount of cryptocurrency, just made a large purchase of 4,677 ETH, valued at roughly $11 million, according to data from Lookonchain.
The interesting thing about this purchase is that it seems to reflect a bold bullish bet on the Ethereum price.
This whale appears to be bullish on ETH and bearish on BTC, according to Lookonchain. Surprisingly, the whale exchanged his wrapped Bitcoin for Ethereum, borrowing 241 WBTC worth $11 million from Aave, which he exchanged for 4,677 ETH.
While the real intentions of the whale remain unknown, indications point to the fact that the whale expects the price of ETH to rise shortly. #eth #whale #btc
The Securities and Exchange Commission (SEC) did not employ basic security measures on its X (formerly Twitter) account when it was "compromised" to spread false bitcoin ETF news, according to the social media company.
Late Tuesday, X's Safety team said it had completed its "preliminary investigation" into the SEC's market-moving, false post on approval of bitcoin ETF applications, which the regulator blamed on its "compromised" account.
The compromise was not due to any breach of Xâs systems, but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party," X's Safety account posted
We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised. We encourage all users to enable this extra layer of security," X posted.
EVERY ONE WAITING FOR APPROVAL SO HE DID ITđđđ$BTC
âWith Bitcoinâs swift move past $46k, over 90% of all BTC addresses are now in profit. Historically, Bitcoin holders reached this level of profit several times in every bull cycle, including in the early stages of each cycle.â
90% of Bitcoin addresses are in profit even as the crypto asset is over 31% down from its all-time high.
IntoTheBlockâs analysis reveals a significant milestone for Bitcoin as it surged past the $46,000 mark, pushing more than 90% of all BTC addresses into a profitable zone. #BTC #bitcoin #x1000
#pepe holders SOME OF PEPE HOLDERS EXPECTING THAT PEPE WILL REACH 1$ âŚ. THAT WILL GOING TO HAPPEN BECOZ THERE ARE AROUND FOUR HUNDRED TWENTY TRILLION 420T PEPE IN SUPPLY
SO YOU NEED x1000000⌠return
If PEPE WANT REACH 1$ ..
420 Trillion Pepe needs market cap of 420 trillion dollars so donât expect #pepe $PEPE #PepeCoin2024
#MyFirstFeedPost Hello, Binance Square! #pepe holders SOME OF PEPE HOLDERS EXPECTING THAT PEPE WILL REACH 1$ âŚ. THAT WILL GOING TO HAPPEN BECOZ THERE ARE AROUND FOUR HUNDRED TWENTY TRILLION 420T PEPE IN SUPPLY
If PEPE WANT REACH 1$ ..
420 Trillion Pepe needs market cap of 420 trillion dollars so donât expect$PEPE #pepe #PepeCoin2024