A long-inactive Bitcoin (BTC) whale has moved its entire 3,962.62 BTC, valued at around $468.67 million, to a new wallet, according to Onchain Lens on X. The transfer followed a small test transaction...

A long-inactive Bitcoin (BTC) whale has moved its entire 3,962.62 BTC, valued at around $468.67 million, to a new wallet, according to Onchain Lens on X. The transfer followed a small test transaction.

Dormant BTC whale transfers $469M to new wallet

Blockware BTC analyst Mitchell Askew states that Bitcoin will no longer experience "parabolic" price increases or "devastating" bear markets, as BTC Exchange Traded Funds (ETFs) have permanently reduced volatility and changed market dynamics.

"BTC/USD looks like two completely different assets before and after the ETF," the analyst wrote on Friday. The chart he shared shows that price volatility sharply declined after the launch of Bitcoin ETFs in the United States in January 2024. The analyst stated:
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Bitcoin volatility drops to historic lows: no more violent bull runs and desperate bear markets

There are roughly the same odds of ETH reaching $10,000 and failing to reach $4,000 this year

Ethereum (ETH) Reclaims $3,800. Is $4,000 Likely?

Binance's previously announced airdrop getting postponed