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Bitcoin Whale Awakes After 11.5 Years, Transfers 25,015 BTC, and Causes Concerns for BTC Price! In a surprise development, an unknown #Bitcoin whale, which remained dormant for 11.5 years, has resurfaced, causing intense movement in the crypto markets. The wallet, which previously held 25,015 BTC, transferred its entire balance to a new address, marking one of the most significant dormant asset movements in recent times. This reactivation not only highlights the long-term strategies of Bitcoin investors, but may also affect market sentiment due to the large amount of cryptocurrency it contains. The timely reactivation of this important #Bitcoin wallet raises critical questions about the dynamics in the market and the psychology of long-term holders. According to a report by Whale Alert, Bitcoin was purchased for $686 in 2013 and today represents a staggering value of approximately $1.59 million. This translates to an estimated return on investment of over 231,778%. Such incredible profit margins are naturally eye-catching, especially when you consider why an investor would choose to sell after such a long holding period. Speculations abound: Was this a strategic liquidation move for cash, or was it simply a transfer to a more secure wallet type, as the new ‘bc1’ addresses have advantages over traditional ‘1’ addresses? The immediate aftermath of this transfer has seen mixed reactions among crypto analysts, with potential impacts on Bitcoin’s price journey being closely monitored. Market watchers note that while profits have positive repercussions for individual investors, large sell-offs or transfers can often create fear and uncertainty in the market, leading to bearish trends. Bitcoin is currently trading at around $63,000, and traders are cautious when assessing future movements that could stem from such significant transactions.

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Will Ethereum Not See $3,000 in 2024? Analyst Warns! Analyst Benjamin Cowen, who said that it will be difficult for the Ethereum (ETH) price to rise above $3,000 in 2024, made a prediction by looking at past cycles. Cowen thinks that ETH could reach its bottom in December and that it will not be possible to reach new highs until 2025. Cryptocurrency strategist Benjamin Cowen states that it will be difficult for ETH to exceed $3,000 in 2024. Considering past price movements, Cowen says that ETH has been in decline since March and is unlikely to exceed $3,000 even if there is a rally. Cowen states that $ETH could bottom in December and that this situation is similar to the downtrends in 2016 and 2019. If history repeats itself in 2024, it will be difficult for ETH to reach new highs by 2025. This does not mean that we will not see $3,000, but it will be more difficult to reach that level. With Bitcoin falling after exceeding $65,000, #Ethereum has also fallen by over 1% in the last 24 hours. ETH is currently trading at $2,727. The last 7-day price indicator shows a 6% increase. Ethereum’s market volume has fallen to $328 billion, while its trading volume has also decreased by 10% to $10 billion. This could indicate that investor interest is waning. Will Ethereum not reach $3,000 in 2024? According to analyst Benjamin Cowen, #ETH is likely to bottom in December and not reach new highs until 2025. However, this is just a guess and markets are subject to change. Investors must make their decisions based on their own research.

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Polymarket users worried about Durov: How will it affect TON? Polymarket users, a decentralized blockchain prediction platform, said that the chances of Telegram CEO Pavel Durov being released are low. According to Polymarket data, the odds of a “yes” bet if Durov is released by August 31 have dropped to 25 percent. Platform users initially saw the probability of his release as 50 percent. However, the statements of French authorities and the judicial process have put Durov and TON in a difficult position. Pavel Durov was arrested over the weekend as part of a preliminary police investigation into allegations that he had authorized various crimes. It is alleged that criminal activity was allowed to continue unabated on Telegram. The platform called the allegations “absurd” on Sunday. Durov holds citizenship in France, the UAE, Russia and Saint Kitts and Nevis. According to French law, he can be detained for 96 hours, after which a judge must decide whether he can be detained for longer. The French website TF1, which reported the news, said that Durov poses a flight risk because he is a billionaire with a fortune of $15.5 billion, a private jet owner and dual citizenship. According to an unnamed investigator in the case, TF1, Pavel Durov will be arrested and sent to prison. Telegram, which made a statement in response to the events, said, “It is absurd to claim that a platform or its owner is responsible for the misuse of that platform.” The ongoing chaos on the part of Telegram and Pavel Durov seems to continue to affect the TON price in the short term. #TON , which had pushed $7 a few days ago, fell to $4.70 with the news about Pavel Durov. Later, the popular altcoin, which received an upward reaction, jumped above $5.50. TON is finding buyers at $5.67 with a 16.03 percent decrease in the last 24 hours. Persistence above $5.90 could carry the parity back to $7. If negative news continues or #BTC declines, sharp declines towards $4.50 may occur.

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The super trio is very strong: FET is blinking to rise! The Artificial SuperIntelligence Alliance (#FET ), a combination of three artificial intelligence projects, has risen by 62 percent in the last seven days. There are days left for #NVIDIA , a publicly traded artificial intelligence and technology company in the US, to announce its earnings report. Crypto investors think that artificial intelligence altcoins may rise with the NVIDIA report. FET, formed by the trio of Fetch.ai, Ocean Protocol and SingularityNET, has gained noticeable momentum. The last seven days have been profitable for FET investors. The transactions made by a whale in FET, which is shown as one of the strongest candidates for the artificial intelligence bull, drew attention. According to Lookonchain, the whale, who missed FET, which has risen by 62 percent since last week, started to take risks. The whale sold 2 million 230 thousand $FET for $ 2 million 385 thousand from August 11 to August 23. The whale, who sold at an average of $1.02, was caught in FOMO (fear of missing out) against the rising FET after the sale in question. The whale bought 1 million 790 thousand FET at $1.33 with $2 million 385 thousand the day before. The whale lost 440 thousand #FET by buying back the FET it periodically sold with FOMO. The whale, who is determinedly protecting its FET investment, may be waiting for the NVIDIA earnings report.

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🎉 #BNBChainTurns4 Join the celebration and stand a chance to win from a massive pool of over $300,000 in prizes! 🤑 16 amazing ecosystem projects have launched special campaigns for our 4th Anniversary, with a total of $200K+ in rewards up for grabs. Simply participate, complete tasks, and you'll also be able to mint the exclusive 4YA NFT! 🎁 But that's not all! The fun lasts for 3 weeks, with fresh campaigns dropping weekly: 📅 Campaign Timeline: • Week 1: Aug 26 - Sep 8 • Week 2: Sep 2 - Sep 15 • Week 3: Sept 9 - Sept 15 ✨ Special Raffle Pool During the final week (Sept 9 - Sept 15), holders of 4YA, 3YA, and opBNB Genesis NFTs can enter an exclusive $80K raffle! 👉 Get started now: https://dappbay.bnbchain.org/campaign/join-bnb-chain-4-year-ecosystem-celebration-with-$300K-in-rewards 👉 More details: https://www.bnbchain.org/en/blog/bnb-day-4ya-ecosystem-celebration Join the fun and help us make #BNBDay unforgettable! 🎊

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