• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BTC Whale Sells $247 Million: Key Facts and Implications

user avatar

by Giorgi Kostiuk

a year ago


A massive BTC whale has attracted attention by selling $247 million worth of Bitcoin, generating interest within the crypto community about its next moves. Among the top contenders for new investments are Lightchain AI, XRP, and Ethereum.

BTC Whale's Move: Analyzing the $247M Sale

A dormant Bitcoin wallet, inactive for 11 years, recently sold about 2,700 BTC, valued at $247 million. This transaction, originating from 2013 holdings, resulted in a 14,550% gain. Such large deals can influence market sentiment, potentially causing increased volatility. However, Bitcoin's price remains strong, holding above average levels, indicating robust market potential. Experts estimate that if this momentum continues, Bitcoin could reach $110,000 by the end of the year. Although large single trades can impact short-term market movements, the overall trend shows a strong and optimistic outlook for Bitcoin's future.

Lightchain AI, XRP, and Ethereum: New Market Leaders

Following the $247 million sale, crypto investors are watching the next assets that could capture significant attention. Among the frontrunners are Lightchain AI, XRP, and Ethereum, each offering unique value propositions. Lightchain AI is increasingly drawing interest due to its decentralized AI-powered blockchain platform and strong presale performance. XRP, known for its cross-border payment solutions, remains a favorite among those seeking scalable blockchain technology. Ethereum, a pioneer in smart contracts, continues to be a solid choice for long-term growth and dApp development.

Lightchain AI's Growth: An Opportunity for Major Investors

Lightchain AI is rapidly emerging as a prime candidate for whale investors due to its innovative approach in combining AI and blockchain. The presale has already raised over $8 million, reflecting strong investor confidence in its potential. Lightchain AI’s tokenomics include a total supply of 10 billion LCAI tokens, with 40% allocated to the presale, ensuring early investors get discounted rates. Additionally, 28.5% is reserved for staking rewards to incentivize long-term participation, while 15% is allocated to liquidity, and 5% for strategic partnerships. With a transparent governance structure and a solid roadmap, Lightchain AI is set for significant growth, making it an attractive opportunity for whale investors seeking high returns.

The $247 million BTC sale has grabbed the attention of the crypto community and shows the vitality and growth potential of Bitcoin. Major assets like Lightchain AI, XRP, and Ethereum are considered promising for investment opportunities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Shiba Inu SHIB Investors Could Have Turned $10 into $1 Million

chest

Early investors in Shiba Inu saw massive returns, with a potential $1 million profit from a $10 investment.

user avatarFilippo Romano

Three Silicon Valley Engineers Arrested for Allegedly Stealing Trade Secrets from Google

chest

Three Silicon Valley engineers arrested for allegedly stealing trade secrets from Google.

user avatarEmily Carter

SEC Chair Paul Atkins Discusses Future of Crypto Regulation at ETH Denver

chest

SEC Chair Paul Atkins discusses the agency's plans for crypto regulation at ETH Denver, emphasizing the need for a clear regulatory framework despite congressional delays.

user avatarTomas Novak

Mignolet Warns of Structural Changes in Bitcoin Market Narratives

chest

Mignolet raises concerns about the impact of on-chain analytics on market narratives and investor expectations.

user avatarKaterina Papadopoulou

XRP Social Media Sentiment Surges to Five-Week High

chest

Data shows that the social media sentiment toward XRP has surged to a five-week high, while Bitcoin and Ethereum remain dull.

user avatarMaya Lundqvist

House Democrats Call for Investigation into World Liberty Financial

chest

A coalition of over 40 House Democrats is urging the Treasury Department to investigate World Liberty Financial due to potential conflicts of interest and national security risks.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.