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Bitcoin
14 days agoNews Editor

Santiment says wallets holding 10 to 10,000 BTC hit a record 20,338

Santiment said the number of wallets holding between 10 and 10,000 Bitcoin has reached 20,338, the highest level on record. The on-chain analytics firm said this cohort has kept growing since mid-July even as Bitcoin went through sharp price swings. According to Santiment, past market cycles show a close relationship between the size of this holder group and Bitcoin’s later price direction. The firm added that when more large holders move into this balance range during periods of choppy trading, it can suggest that well-capitalized investors are still confident and are not exiting during weaker market conditions. The update was cited by Odaily in a market analysis newsflash.

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Santiment says wallets holding 10 to 10,000 BTC hit a record 20,338
Bitcoin
14 days agoNews Editor

Santiment says wallets holding 10 to 10,000 BTC hit a record 20,338

Santiment said the number of wallets holding between 10 and 10,000 Bitcoin has climbed to 20,338, the highest level on record. The analytics firm said this cohort has expanded steadily since mid-July, even as Bitcoin has gone through sharp price swings over the same period. According to Santiment, the behavior of this group has historically been closely tied to Bitcoin’s later price direction. The firm said that when prices move sideways or swing sharply, growth in wallets within this holding range can signal that well-capitalized investors are still confident and are not leaving the market during weaker conditions. The update points to continued accumulation among larger Bitcoin holders, based on Santiment’s reading of past market patterns and the recent rise in wallet counts.

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Santiment says wallets holding 10 to 10,000 BTC hit a record 20,338
Bitcoin
14 days agoNews Editor

Santiment says key Bitcoin holder wallets hit a record 20,338

Santiment said the number of Bitcoin wallets holding between 10 BTC and 10,000 BTC has climbed to 20,338, the highest level on record. The on-chain analytics firm said this cohort has expanded sharply since mid-July even as Bitcoin has seen heavy price swings. According to Santiment, historical data shows that wallets in this holding range have been closely tied to Bitcoin’s future price direction. More large holders moving into the bracket during a volatile period suggests that well-capitalized investors are still confident rather than leaving during weakness. Santiment said that trend is a constructive signal for BTC bulls. At the same time, it added that Bitcoin could still face more short-term downside. If the growth in these key wallets continues, the firm said, it could help lay the groundwork for a later price advance.

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Santiment says key Bitcoin holder wallets hit a record 20,338
Arkham
17 days agoNews Editor

Arkham tags Justin Sun wallets across 10 blockchains with about $2.25 billion on-chain

Blockchain data platform Arkham said on X that it has tagged wallet addresses belonging to Justin Sun across 10 blockchains, with on-chain assets totaling about $2.25 billion. The platform also said its research team had previously ranked Sun as the individual with the second-largest on-chain holdings after Bitcoin creator Satoshi Nakamoto in a list released in September. The update adds a new public label to Sun’s wallet footprint across multiple chains and ties it to Arkham’s earlier research on large individual on-chain holders. The statement was cited by ChainCatcher.

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Arkham tags Justin Sun wallets across 10 blockchains with about $2.25 billion on-chain
Hyperliquid Labs
22 days agoNews Editor

Hyperliquid Labs completes $330 million HYPE OTC distribution, with half already allocated

Hyperliquid Labs has completed the seven-day unstaking process for 3.75 million HYPE tokens worth about $330 million, according to monitoring by Onchain Lens. The tokens have been moved into the team’s spot account and are not set to be sold on the open market. Instead, they are being distributed under a previously arranged over-the-counter agreement with an undisclosed institution. So far, 1.875 million HYPE have been transferred to five OTC buyer wallets, with each wallet receiving 375,000 tokens. That means 50% of the total allocation has already been distributed. The transfers point to a structured off-market allocation rather than public exchange selling, based on the details provided in the original report.

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Hyperliquid Labs completes $330 million HYPE OTC distribution, with half already allocated
Abraxas Capital Management
23 days agoNews Editor

Two Hyperliquid Wallets Linked to Abraxas Hold $1.58 Billion in Net Shorts

Two Hyperliquid wallets linked to Abraxas Capital Management were holding roughly $1.58 billion in net short exposure, with about $948 million tied to Bitcoin and Ether positions, according to an Odaily report citing Bitcoin.com News. As of 2:55 p.m. Eastern Time on Oct. 6, both wallets were still carrying those positions. The reported exposure included around 189,400 ETH and 5,120 BTC, with paper losses standing at about $115 million. On-chain data showed that both addresses held large asset balances and had received deposits worth millions of dollars, suggesting spot holdings may hedge part of the short exposure. London-based investment firm Abraxas Capital Management has been tagged by Nansen and Arkham Intelligence as the entity tied to the addresses, while Arkham labels also show a connection to Heka Funds. Beyond BTC and ETH, the two wallets also held short positions in SOL, HYPE, ENA, XRP, SUI and PUMP.

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Two Hyperliquid Wallets Linked to Abraxas Hold $1.58 Billion in Net Shorts
Mt. Gox
29 days agoNews Editor

Arkham says Mt. Gox trustee-linked wallets still hold 34,387.51 BTC on-chain

Techub News, citing a post from Arkham on X, reported that wallets tagged as linked to the bankruptcy trustee of defunct crypto exchange Mt. Gox still hold 34,387.51 BTC on-chain, valued at about $2.88 billion. The disclosure comes a decade after the exchange collapsed. Arkham also said users can view the relevant wallet addresses and balances on its platform. The update points specifically to trustee-related labeled wallets and does not add other details beyond the on-chain holdings and where the balances can be checked.

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Arkham says Mt. Gox trustee-linked wallets still hold 34,387.51 BTC on-chain
QNT
1 months agoNews Editor

Two dormant QNT whale wallets move about $4 million in tokens to centralized exchanges

Two Quant (QNT) whale wallets that had been inactive for more than three years have started moving tokens to centralized exchanges, according to on-chain tracker Lookonchain. The activity came as QNT recently surged in price, prompting some long-dormant holders to turn active and sell. Lookonchain said wallet 0x6d32 deposited 8,250 QNT into Binance after more than three years of inactivity. The transferred amount was valued at $1.88 million at the time cited in the update. A second wallet, 0xd633, moved 34,200 QNT worth $8.05 million after a similar dormant period. Out of that amount, the wallet has already sent 9,000 QNT to Coinbase and another 9,000 QNT to Kraken, with those exchange deposits valued at $2.12 million in total. Based on the figures provided, the value of QNT already transferred by the two wallets to centralized exchanges comes to roughly $4 million. The data point to renewed movement from long-inactive large holders as QNT’s recent price rise draws selling activity.

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Two dormant QNT whale wallets move about $4 million in tokens to centralized exchanges
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