Two Bitcoin wallets have recently woken up from their sleep of over a decade to rake in over 60 million in profit from their holdings.
This action coincides with a decline in key on-chain metrics and heightened levels of greed in the Bitcoin market.wallets, which have been dormant for nearly 11 years, have recently become active. These wallets, each containing 500 BTC, sold their entire holdings.
Also, with the current Bitcoin price, the wallets sold their holdings for over $30 million each, totaling approximately $60.9 million. Towards the end of April, daily active addresses exceeded 815,000, transaction volume surpassed 1.5 million, and whale transactions totaled over 73,500.However, as of this writing, daily active addresses have decreased to around 545,000, transaction volume has fallen to approximately 495,000, and whale transactions have reduced to around 26,500.The analysis of the Index revealed that BTC had a score of 56, indicating a sentiment of greed among investors.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
El Niño Sees African Union Insurance Agency Pay Out $60 MillionThe African Union’s climate insurance agency will pay out at least $60 million to four southern African nations to help them offset the impact of a drought that’s been driven by the El Niño weather pattern, its director general said.
Read more »
These luxe Amazon towels are all under $60Looking to stock your linen closet with the softest cotton and microfiber towels? Amazon is your one-stop shop. The best part? The palatable price points. Read on for seven faves.
Read more »
US FTC set to rule on $60 billion Exxon-Pioneer deal, Bloomberg reportsExplore stories from Atlantic Canada.
Read more »
FTC Set to Rule on $60 Billion Exxon-Pioneer Deal in Coming DaysThe Federal Trade Commission is set to decide whether to sue to block Exxon Mobil Corp.’s $60 billion acquisition of Pioneer Natural Resources Co. in coming days, according to people familiar with the matter.
Read more »
Soros Group Gives $60 Million to Super PAC That Boosts DemocratsA nonprofit founded and funded by billionaire George Soros donated $60 million in January to Democracy PAC, a super political action committee he uses to support Democrats, according to a filing with the Federal Election Commission.
Read more »
Why Ottawa is investing to provide financial advice for low-income CanadiansThe federal budget provided $60-million over five years for financial charity Prosper Canada
Read more »