Satoshi-Era Bitcoin Whale Suddenly Wakes up and Does Unthinkable

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

This unexpected awakening coincided with Bitcoin's surge to an all-time high of $69,000, only to be swiftly followed by a sharp downturn. The subsequent market crash saw Bitcoin prices plummet by 14% to $59,000, triggering panic among traders. According to , over $1 billion worth of positions were liquidated within a mere 24 hours, with long positions accounting for a substantial $796.95 million of that figure.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Proof of Talk Returns To The Louvre Palace As Agenda-setting Event for Web3

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Royalty Descends on the Satoshi Nakamoto TrialCraig Wright has claimed for years to be Satoshi Nakamoto, creator of Bitcoin. This week in the UK High Court, Nakamoto's early collaborators took the stand.
Source: WIREDBusiness - 🏆 68. / 68 Read more »

Trial Begins to Determine if Craig Wright is Bitcoin Creator Satoshi NakamotoA trial has begun to settle the question of whether Craig Wright is the elusive Bitcoin creator Satoshi Nakamoto. The lawsuit, brought by the Crypto Open Patent Alliance, claims that Wright's claim to being Nakamoto has had a negative impact on Bitcoin's development.
Source: WIREDBusiness - 🏆 68. / 68 Read more »

'Rich Dad Poor Dad' Author Reveals His Possible Actions Should Bitcoin CrashVocal Bitcoin advocate Kiyosaki reveals his favorite thing about Bitcoin should it crash
Source: Utoday_en - 🏆 295. / 63 Read more »

Crucial Bitcoin Message Sent by Michael Saylor to Community As BTC Tops $61,000Vocal Bitcoin evangelist has made an important Bitcoin call on the global cryptocurrency community
Source: Utoday_en - 🏆 295. / 63 Read more »

'Rich Dad Poor Dad' Author Comments on Massive Bitcoin SurgeAcclaimed investor and Bitcoin supporter Kiyosaki issues bullish Bitcoin-vs.-US dollar statement
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best DaysKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »