Channels

Bitcoin

Read

Billion

<div class="coingape"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">Addresses holding 0.1% of the Bitcoin supply or more have added over $1.5B in BTC holdings in the last two weeks. pic.twitter.com/MrHKLXO9qx</p>  
  <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
   <div class="ad1"> 
    <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
    </div> 
   </div>  
   <div id="my-banner-ad" class="d-inline-block"></div> 
  </div> 
  <p>— IntoTheBlock (@intotheblock) September 1, 2023</p> 
 </blockquote> 
 <p></p> 
 <p>&nbsp;</p> 
 <p><span style="font-weight: 400;">This uptick in accumulation notably follows the buzz surrounding the potential introduction of a spot Bitcoin ETF in the US.</span></p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/01/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/fa6133ad6e87ee1c4776d3849180d46b.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/01/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/01/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/31/e59946958a3ce000f279efb2e1b9c852.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/31/e59946958a3ce000f279efb2e1b9c852.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/30/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/30/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <h2 id="b-spotlight-on-the-etf-drama-b"><b>Spotlight on the ETF Drama</b></h2> 
 <p><span style="font-weight: 400;">Grayscale, a crypto asset management firm, recently </span><span style="font-weight: 400;">emerged victorious</span><span style="font-weight: 400;"> in a legal tussle against the US SEC. A U.S. judge championed their cause, instructing the Securities and Exchange Commission to reverse its previous stand on Grayscale’s proposal to convert its GBTC into a spot Bitcoin ETF. As a market barometer, Bitcoin resonated with this win as its price surged by over $2,000, marking a two-week high slightly above $28,000.</span></p> 
 <p><span style="font-weight: 400;">Yet, while the crypto community was gearing up for celebrations, hoping for the ETF’s approval, the SEC threw a curveball. The regulator opted for a conservative stance, </span><span style="font-weight: 400;">deferring</span><span style="font-weight: 400;"> the verdict on all active bitcoin ETF applications, including one from the financial titan BlackRock.</span></p> 
 <blockquote> 
  <p><span style="font-weight: 400;">IntoTheBlock’s analytics suggest that the $30,000 mark is pivotal for Bitcoin. A staggering 6.2 million wallets have acquired approximately 2.6 million BTC within this price bracket.&nbsp;</span></p> 
 </blockquote> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">Bitcoin is back in the spotlight as Greyscale emerges victorious from its SEC lawsuit. The next milestone? $30k. Our on-chain data reveals that 6.2M addresses acquired ~2.6M $BTC between the current price and $30k. These 'bubbles' are significant &amp; could burst two ways: </p> 
  <p>Bearish… pic.twitter.com/EF2cJtjRx4</p> 
  <p>— IntoTheBlock (@intotheblock) August 31, 2023</p> 
 </blockquote> 
 <p></p>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p><span style="font-weight: 400;">Depending on market sentiment, these could induce an upward push in price or initiate a cascade of sales. If a spot Bitcoin ETF gets the green light in the future, a bullish price surge toward the $30,000 mark seems plausible.</span></p> 
 <h2 id="b-ethereum-whales-make-waves-b"><b>Ethereum Whales Make Waves</b></h2> 
 <p><span style="font-weight: 400;">Nevertheless, it’s not just the Bitcoin ocean where whales make waves. Ethereum has seen a noteworthy rise in its long-term holders, overshadowing Bitcoin. On-chain metrics from IntoTheBlock spotlight Ethereum’s 73.5 million long-term aficionados, dwarfing Bitcoin’s 33.61 million, per FXStreet.</span></p> 
 <blockquote> 
  <p><span style="font-weight: 400;">Today, according to CoinMarketCap, Bitcoin price trades at </span><span style="font-weight: 400;">$25,644.44</span><span style="font-weight: 400;"> with a 24-hour trading volume of $17.3B. Even with a slight dip of 2.50% in the past day, its dominant position remains unchallenged, with a market cap nearing the half-trillion-dollar mark.</span></p> 
 </blockquote> 
 <p><span style="font-weight: 400;">While Bitcoin continues its dance with regulators and market speculators, the more significant narrative might be the shifting dynamics of whale behaviors, especially with Ethereum slowly capturing the limelight.</span></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-whales-add-1-5-billion-worth-of-btc-in-last-two-weeks-tbt61263.html">https://thebittimes.com/bitcoin-whales-add-1-5-billion-worth-of-btc-in-last-two-weeks-tbt61263.html</a></p>

Bitcoin Whales Add $1.5 Billion Worth of BTC In Last Two Weeks

Mục lục

TheBitTimes

Các bài viết khác được xuất bản trên 1 thg 9, 2023

Giddy, a self-custody smart wallet, extends to Ethereum

BCH Price Forecast 2023: Can Bitcoin Cash Thrust Like Rocket?

Mysterious Shiba Inu Whale Transfers $38 Million Following Shibarium’s Revival

Ethereum Smartphone Sells Out in 1 Day, Solana Phone Cuts Price

British MPs Urge UK Government to Abolish AI Exemption

Ethereum is labeled ‘Commodity’ in the Uniswap Case: Insights from Legal Expert

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!