So, there we have it—a whale, not the aquatic kind, mind you, but a behemoth in the crypto ocean, has decided to shake off the dust after a 1.5-year nap. It’s deposited a staggering 300 BTC with the fine folks over at FalconX, alongside a little something for two other wallets—because why not spread the joy of digital currency like confetti at a frat party? 🤑
Now, let’s do some math here—not my strong suit, but bear with me. According to the crypto crystal ball known as SpotOnChain, this anonymous whale is sitting on a hoard of BTC worth a jaw-dropping $85.7 million. So when this giant decided to send a generous 300 BTC to FalconX, that’s practically a tickle of about $25.1 million! Cha-ching! 💰
But wait, there’s more! Our slumbering giant also decided to redistribute a tidy 1,050 BTC, valued at around $87.2 million, to two fresh wallets—because who wouldn’t want to play Santa in March? At this very moment, one of those wallets still clutches a juicy $12.55 million in BTC like a toddler with a cookie. 🍪
For the record, the last time this dormant address made a peep was back on August 18, 2023, when it received a whopping 1,500 BTC from market maker Cumberland at a price of $26,353. All together now: a chorus of “Wow, that’s ancient history!” It’s been nearly two years, people!
Now, let’s switch gears to the wild and wacky world of Bitcoin pricing. According to our friends over at crypto.news, Bitcoin has taken a little dive, down by 0.44% to a cool $83,613. Talk about a rollercoaster month! 😱 It’s been a turbulent ride, plunging over 14% this past month—perhaps it got dizzy from all the swings.
In the last 24 hours, Bitcoin superbly hit a high note at $84,693 but then crashed down to a $82,061 low, before settling back around $83,000. It’s like watching a cat try to catch a laser pointer—exciting yet unpredictable! And guess what? BTC’s little drop hit the infamous CME gap at $84,000! You know what that means? It’s like the market is a kid at the schoolyard, all set to make another run for it!
“Bitcoin is trading very close to the CME Gap at $84,000!
Important level to watch!”
— Mister Crypto (@misterrcrypto) March 17, 2025
Now, dear reader, what is this CME gap? It’s the gap between the closing price of Bitcoin on the Chicago Mercantile Exchange and its opening price when trading resumes. It’s sort of like a siren call for Bitcoin prices, tempting them back into the market after a steep fall. It’s a magnet, and believe me, it’s got everyone’s attention!
With the whale flapping its fins and Bitcoin’s recent price dip filling the CME gap, it seems the market might be ready for a little jig. Traders are already polishing their crystal balls, waiting for the next big moves that might just swing Bitcoin’s price into the stratosphere or crash it down like a poorly built sandcastle.
Read More
- Cookie Run Kingdom Town Square Vault password
- Maiden Academy tier list
- Pi Network’s Grand Migration: 10 Million and Counting!
- Nicky Campbell, Rising Fashion Influencer, Inks With The Jeffries for Management
- Rick Owens Gives RIMOWA’s Cabin Roller a Bronze Patina
- Former ‘Bachelorette’ Star Katie Thurston Reveals Breast Cancer Diagnosis: “Waiting on Learning What Stage”
- Kingdom Come Deliverance 2: Lion’s Crest DLC Quest Guide
- 🚨 Tokenization Tsunami 🌊
- After The Odyssey’s First Look At Matt Damon’s Odysseus, Fans Think They’ve Figured Out Who Tom Holland Is Playing
- Kendrick Lamar Taps Willy Chavarria for Super Bowl Halftime Collection
2025-03-17 13:42