Several long-dormant wallets have resumed activity to purchase Ethereum amid the market downturn, according to Lookonchain. One wallet, starting with 0x55C1, reactivated after two years of inactivity,...

Several long-dormant wallets have resumed activity to purchase Ethereum amid the market downturn, according to Lookonchain. One wallet, starting with 0x55C1, reactivated after two years of inactivity, withdrawing 10,000 ETH (approximately $19.24 million) from Binance six hours ago. Another wallet, beginning with 0x1342, became active again after one year, withdrawing 1,892 ETH (worth around $3.75 million) from Binance 30 minutes ago.

Long-dormant wallets reactivate to buy ETH

Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

BitMEX co-founder Arthur Hayes wrote that the recent Bitcoin crash may stem from traders' concerns about IBIT (BlackRock) […]
The article, "Arthur Hayes Speculates on BTC Crash Cause: 'Institutional Hedging Operations': IBIT Options Explode $900 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Arthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...