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For the first time in 14 years, eight old Bitcoin wallets have been activated in the past 24 hours.
They transferred a total of 80,009 BTC, worth approximately $8.69 billion.
▪️ It started with four wallets, which sent 40,000 BTC (around $4.35 billion); ▪️ Later, two more joined in - each transferring 10,000 BTC, bringing the total to 60,000 BTC; ▪️ Then, two additional addresses were activated, completing the series of transfers; ▪️ All of this Bitcoin was originally received back in 2011, when the price ranged between $0.78 and $3.37 per coin; ▪️ Four other wallets of the same age remain inactive; ▪️ This is the largest movement of funds from so-called “sleeping wallets” in a long time, and the crypto community is in a panic - who’s behind this, and why were such massive amounts suddenly activated? 🚩 #BTCWhaleMovement $BTC
#OneBigBeautifulBill Donald Trump has officially signed the ‘One Big Beautiful Bill’ into law on Independence Day.
The bill extends tax cuts for the wealthy, overhauls programs like Medicaid and SNAP, increases border and military spending, along with a multi-trillion dollar increase to the debt ceiling.