Tag: Million

$300 Million Worth Of XRP On The Move, Where Are They Headed?

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The XRP market is experiencing a new wave of large transactions as long-term holders adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution. Related Reading Over $300 Million XRP Exit Crypto Exchanges  According to on-chain data from Glassnode, investors have withdrawn more than 140 million XRP, valued at approximately $309 million, from crypto exchanges. At the same time, XRP’s…

Bitcoin ETFs Break 6-Day Slump With $240 Million Inflow

After nearly a week of redemptions, bitcoin and ether ETFs swung back into positive territory on Thursday, drawing $240 million and $13 million in inflows, respectively. Solana ETFs extended their green run with a solid $29 million boost. ETF Turnaround: Bitcoin and Ether Snap Outflow Streaks as Solana Maintains Inflows The streak finally snapped. After […] Source CryptoX Portal

Irish Central Bank Slams Coinbase Europe With $24.8 Million Fine for AML Failures

Coinbase Europe was fined $24.8 million by the Central Bank of Ireland due to breaches of its anti-money laundering and counter-terrorist financing rules. The Penalty and Violations The Central Bank of Ireland has fined Coinbase Europe Limited approximately $24.8 million (€21,464,734) for breaching anti-money laundering (AML) and counter-terrorist financing (CFT) obligations between April 2021 and […] Source CryptoX Portal

$150 Million In Ethereum: Justin Sun Joins The Liquid Staking Rush

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Reports have disclosed that crypto entrepreneur and Tron founder Justin Sun moved a sizable amount of Ethereum into a liquid-staking service this week. According to on-chain data, about 45,000 ETH — worth roughly $154.5 million at the time — was shifted from the lending protocol Aave into the Lido Finance staking pool. The transfer was public and traceable on the blockchain. It drew quick attention because of its scale and timing. Sun’s Public Wallets Grow The funds had been sitting on Aave before the move. They were then deposited into…

Bitcoin Treasury Firm Metaplanet Secures $100 Million Loan to Boost Holdings

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Metaplanet Inc., Japan’s publicly listed bitcoin treasury company, has borrowed $100 million against its bitcoin holdings to finance further acquisitions and strengthen its balance sheet amid the latest market downturn. Metaplanet Taps Bitcoin Collateral to Strengthen Treasury Amid Market Dip This week, the digital asset treasury (DAT) company, Metaplanet Inc., announced that it has executed […] Original

HyperUnit Opens $55 Million Long Position in Bitcoin, Ether

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The crypto whale that made $200 million from the US-China tariff-led crypto crash last month is now betting $55 million that Bitcoin and Ethereum will rise again.  Crypto analytics platform Arkham was one of the first to identify the whale’s new long positions in an X post on Monday, which comprise a $37 million Bitcoin long position and an $18 million Ether long position on the decentralized derivatives exchange Hyperliquid. Referred to as the “Hyperunit whale,” the trader recently became famous for making $200 million by successfully predicting the US-China…