Unknown crypto whale has been scooping up WBTC amid controversy
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
A $293 billion fight over Satoshi’s Bitcoin just got a lot more complicated
A lawsuit seeking legal ownership of long-dormant Bitcoin addresses, including wallets tied by researchers to Bitcoin’s earliest m...
New Hampshire Council Rejects $100 Million Bitcoin-Backed Bond
Bitcoin Magazine New Hampshire Council Rejects $100 Million Bitcoin-Backed Bond The New Hampshire Executive Council rejected a pla...
Cardano’s wallet hack exposed the user layer holding its on-chain government together
EMURGO said it is stepping down from its role in Pentad, the five-member group coordinating Cardano's infrastructure funding, to f...
Tether’s $25 Million Telecom Bet Extends Its Push Beyond Stablecoins
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in tele...
New Hampshire Council Votes Down First-in-Nation $100 Million Bitcoin Bond
New Hampshire’s Executive Council voted down a proposed $100 million municipal bond backed by Bitcoin on Wednesday, killing what s...
Eric Trump’s American Bitcoin Sheds 95% From Peak, Erasing $600 Million From His Stake
American Bitcoin, the mining venture co-founded by Eric Trump, has collapsed since going public last year, and the damage is now l...