FTX’s bankruptcy estate moved 27,372 ETH worth about $75.32 million to market maker Wintermute on Tuesday, routed through six separate wallets. Decoding the Movements Arriving in a big bunch, the FTX and Alameda Research liquidation team transferred 27,372 ETH, worth roughly $75.32 million, to Wintermute across six wallets, according to onchain analyst EmberCN. Other trackers […]
Bitcoin briefly reclaimed the $87,000 level for the second time in 48 hours, peaking at $87,251 before pulling back to around $86,400. Despite minor consolidation, the asset remains up 35% since pre-Aug. 19 levels with a market cap near $1.74 trillion. Short Liquidations Cool off as Long Losses Rise For the second time in less […]
There is a particular frustration familiar to anyone holding stablecoins. The balance sits in the app. It is dollar-denominated, it is liquid, and it is useless at the till. Reaching spendable money has traditionally meant a detour: transfer to an exchange, sell, withdraw to a bank account, wait. By the time it arrives, the convenience […]
Bitcoin has climbed into the $86K resistance zone, one of the market’s most important technical and onchain barriers. With 1.07 million BTC concentrated between $83,000 and $86,000 and U.S. spot exchange-traded fund (ETF) investors above breakeven, the next move could reveal whether the crypto recovery has enough demand to absorb significant overhead supply. Glassnode Flags […]
Market psychology around bitcoin has shifted sharply into bullish territory as the cryptocurrency broke past $87,300, driven by a combination of a major short squeeze and a surge in social volume. Short Squeeze Drives Volume Jump Market sentiment across the cryptocurrency space flipped sharply into bullish territory as bitcoin (BTC) pushed past $87,300, propelled by […]
Strategy says MSTR added $31.6 billion, or 80%, in market value over three months, yet the Class A share price rose about 54% over the same stretch. The Numbers Strategy posted a chart on X on Monday night with a one-line caption: Last 3 months for MSTR: +$32B (+80%). The graphic put the company’s market […]
A wallet linked to an Ethereum initial coin offering (ICO) participant swapped $23.7 million in stablecoins for 8,492.8 ETH on Sept. 21, six months after selling ETH near $2,010. Four Orders in Eight Minutes The trade surfaced through onchain analyst ai_9684xtpa, who described the buyer as an ICO-era whale re-entering the market after half a […]