Bitcoin Whale Moves $382.7M After 8 Years of Silence
A long-dormant Bitcoin whale has transferred 5,908 $BTC, worth approximately $382.7 million, to a new wallet after 8 years of inactivity.
The whale accumulated the coins when $BTC was trading around $16,865 and held through multiple market cycles without moving a single coin. At current prices, the position has grown by roughly $283 million, delivering an impressive 284% gain.
Large dormant wallet movements often attract attention, but they...
Trader's new SK Hynix long is already under pressure.
Trader "wjqq", whose account is still sitting on more than $1.63 million in unrealized profit, made a fresh bet on SK Hynix (SKHX) this morning.
The trader opened a 10x long on 5,000 $SKHX shares, worth around $6.14 million, with an entry price of $1,313.20.
Just 12 hours later, the position is already showing an unrealized loss of more than $426,000, trimming the account's overall unrealized profit to about $1.63 million.
The trader also co...
$BTC correction phase to $63.7k and then bounce back to $64,500
Our market outlook played out exactly as expected.
Bitcoin entered the correction zone between $64,200 - $63,700, found strong buying interest, and is now showing a healthy bounce.
As mentioned earlier, this was a normal pullback within the trend rather than a trend reversal.
💯 Stick to the plan and trust the levels.
If BTC reclaims $65,000 - $65,600, bulls could target a fresh breakout. As long as $63,700 remains protected, t...