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Rise of the Crypto Sleeping Giant: 10-Year Dormant Whale Wallet Awakens, Transfers Nearly 1500 BTC
A dormant #address containing nearly 1500 #Bitcoin [BTC] recently got activated after a period of 10.2 years. The transfer was first spotted by #blockchain tracker and analytics system reporter #Whale Alert. According to on-chain data, the transaction took place on June 8, 2023 at 05:23:06 UTC
Specifically, the whale transferred all the 1,432.93 coins to a new address. A fee of 0.0010743 BTC, or $28.38, was endured by the whale to facilitate the same. On-chain smart money tracker Lookonchain pointed out,
“The whale received 1,432.92 BTC on Apr 9, 2013, when the price was $195.4.”
A BTC whale that has been dormant for 10.2 years transferred all 1,432.93 $BTC($37.8M) to a new address"bc1psv" 5 mins ago. The whale received 1,432.92 $BTC on Apr 9, 2013, when the price was $195.4.https://t.co/17R0UqEBKC pic.twitter.com/e0LkSfn5t3
— Lookonchain (@lookonchain) June 8, 2023
Other Bitcoin #Trends
On the macro-front, the dormant supply has been on the rise since the beginning of this year. Data from Glassnode revealed that the amount of supply last active 2 years to 3 years just reached a 5-year high of 2,980,770.566 BTC, justifying the said narrative.
Source: Glassnode
Parallelly, the number of non-zero addresses also continue to rise. In fact, they clinched a new all time high of 47,543,668 today, indicating that market participants continue to add BTC to their bags. Alongside, the number of addresses possessing more than 0.1 coins also recently attained peak of of 4,385,581.
Here, it is also interesting to note that the market has also managed to move-on from the “fear” phase. On Thursday, the Bitcoin Fear and Greed Index flashed a neutral reading of 50, bringing to light the refining trend. At press time, Bitcoin was seen exchanging hands at $26.5k.
Specifically, the whale transferred all the 1,432.93 coins to a new address. A fee of 0.0010743 BTC, or $28.38, was endured by the whale to facilitate the same. On-chain smart money tracker Lookonchain pointed out,
“The whale received 1,432.92 BTC on Apr 9, 2013, when the price was $195.4.”
A BTC whale that has been dormant for 10.2 years transferred all 1,432.93 $BTC($37.8M) to a new address"bc1psv" 5 mins ago. The whale received 1,432.92 $BTC on Apr 9, 2013, when the price was $195.4.https://t.co/17R0UqEBKC pic.twitter.com/e0LkSfn5t3
— Lookonchain (@lookonchain) June 8, 2023
Other Bitcoin #Trends
On the macro-front, the dormant supply has been on the rise since the beginning of this year. Data from Glassnode revealed that the amount of supply last active 2 years to 3 years just reached a 5-year high of 2,980,770.566 BTC, justifying the said narrative.
Source: Glassnode
Parallelly, the number of non-zero addresses also continue to rise. In fact, they clinched a new all time high of 47,543,668 today, indicating that market participants continue to add BTC to their bags. Alongside, the number of addresses possessing more than 0.1 coins also recently attained peak of of 4,385,581.
Here, it is also interesting to note that the market has also managed to move-on from the “fear” phase. On Thursday, the Bitcoin Fear and Greed Index flashed a neutral reading of 50, bringing to light the refining trend. At press time, Bitcoin was seen exchanging hands at $26.5k.
#DWFLabs ( DWFLabs ) bought ~28M #GALA on the open market to relieve selling pressure after #GoGalaGames was exploited.
The DWFLabs public #address withdrew 28.3M GALA ($1.22M) from #Binance 50 minutes ago.
The DWFLabs public #address withdrew 28.3M GALA ($1.22M) from #Binance 50 minutes ago.
1. Bitcoin addresses holding at least 0.01 BTC have reached a new all-time high (ATH).
2. Glassnode data indicates a total of 12,234,071 such addresses, surpassing the previous ATH of 12,233,992 on August 4, 2023.
3. This milestone suggests a rising interest in and adoption of Bitcoin.
4. More users are actively accumulating the cryptocurrency in their wallets.
5. Follow trending crypto news on binance feed for more latest crypto news 🔥
#bitcoin #data #ATH #address #news
$BTC $ETH $BNB
2. Glassnode data indicates a total of 12,234,071 such addresses, surpassing the previous ATH of 12,233,992 on August 4, 2023.
3. This milestone suggests a rising interest in and adoption of Bitcoin.
4. More users are actively accumulating the cryptocurrency in their wallets.
5. Follow trending crypto news on binance feed for more latest crypto news 🔥
#bitcoin #data #ATH #address #news
$BTC $ETH $BNB
- A #GnosisSafe vault contract (0xF6eb0) has been exploited by a hacker.
- The hacker's #address (0xb9c77db3C0e1254D073E65dc0455ba6DDd3ce385) reportedly gained about $97.6K from the exploit.
- The security of the GnosisSafe #platform is now in question due to the reported attack on the vault contract.
- The hacker breached the contract using the address provided and stole the funds.
- GnosisSafe is a secure multi-signature #wallet for managing digital assets on Ethereum.
- Concerns are raised about the safety of users' funds and the overall security of the system.
- #Users are advised to closely monitor transactions involving the exploiter's address.
- The GnosisSafe team is expected to take measures to mitigate the impact of the breach and enhance security protocols as the investigation continues.
$BTC $ETH $BNB
- The hacker's #address (0xb9c77db3C0e1254D073E65dc0455ba6DDd3ce385) reportedly gained about $97.6K from the exploit.
- The security of the GnosisSafe #platform is now in question due to the reported attack on the vault contract.
- The hacker breached the contract using the address provided and stole the funds.
- GnosisSafe is a secure multi-signature #wallet for managing digital assets on Ethereum.
- Concerns are raised about the safety of users' funds and the overall security of the system.
- #Users are advised to closely monitor transactions involving the exploiter's address.
- The GnosisSafe team is expected to take measures to mitigate the impact of the breach and enhance security protocols as the investigation continues.
$BTC $ETH $BNB
- An address (starting with 0x0f1d) suspected to be linked to Abraxas Capital has made several significant transactions.
- Within the last 5 hours, the address deposited 26,000 stETH and 15,000 #ETH (around $27.6 million) into Aave.
- The #address has lent out 59 million #stablecoins and moved them to Bitfinex and Binance.
- Today alone, the same address has deposited a total of 117 million stablecoins into centralized exchanges (CEXs).
- Previously, the address associated with Abraxas Capital had collateralized substantial amounts of ETH and BTC on platforms like Compound and Aave, using the borrowed stablecoins.
- Overall, the 0x0f1d address has deposited 58 million stablecoins across multiple CEXs, suggesting a possibly bullish market sentiment.
- Coinglass data indicates a notable development in #bitcoin #futures open interest in 2023.
- On August 8th, trading activity for Bitcoin futures saw a substantial increase, reaching about $14.5 billion.
- This surge in trading activity brought the market close to the trading levels seen in May 2022.
$BTC $ETH $BNB
- Within the last 5 hours, the address deposited 26,000 stETH and 15,000 #ETH (around $27.6 million) into Aave.
- The #address has lent out 59 million #stablecoins and moved them to Bitfinex and Binance.
- Today alone, the same address has deposited a total of 117 million stablecoins into centralized exchanges (CEXs).
- Previously, the address associated with Abraxas Capital had collateralized substantial amounts of ETH and BTC on platforms like Compound and Aave, using the borrowed stablecoins.
- Overall, the 0x0f1d address has deposited 58 million stablecoins across multiple CEXs, suggesting a possibly bullish market sentiment.
- Coinglass data indicates a notable development in #bitcoin #futures open interest in 2023.
- On August 8th, trading activity for Bitcoin futures saw a substantial increase, reaching about $14.5 billion.
- This surge in trading activity brought the market close to the trading levels seen in May 2022.
$BTC $ETH $BNB
Just 8 hours ago, a dormant pre-mine address containing 197 ETH ($622,685 USD) was reactivated after 8.7 years!
All 197 ETH have been transferred to a new fresh wallet.
Dormant Address:
0xa9e9DbcE7A2CB03694799897bED7c54d155FdAA8
Fresh Wallet:
0x409E0f9bBC1B1aF801c78aFa336ddd7b5812e82b
#ETH #DORMANT #address
All 197 ETH have been transferred to a new fresh wallet.
Dormant Address:
0xa9e9DbcE7A2CB03694799897bED7c54d155FdAA8
Fresh Wallet:
0x409E0f9bBC1B1aF801c78aFa336ddd7b5812e82b
#ETH #DORMANT #address
