Bitcoin briefly fell below $108,000 on August 30, marking its weakest level since early July. The move came as market watchers tracked heavy selling pressure from a whale wallet that had been dormant for years. Several on-chain analysts noted that the whale address suddenly began shifting large amounts of BTC, raising concern among traders. Bitcoin
Scott Melker, host of “The Wolf of All Streets” podcast, revived his “Bitcoin rich list” in his Aug. 29 newsletter—a table showing how BTC is spread across wallets of different sizes. Melker said he last compiled the list in 2023, and his latest version offers a snapshot of how Bitcoin ownership has changed over the
Crypto analytics X account @Lookonchain has reported that a few hours ago today, several massive Bitcoin purchases took place, resulting in the emergence of a new BTC whale. That accumulation was made through a crypto broker of a legendary crypto investor, Mike Novogratz. Galaxy Digital helps whale buy Bitcoin Lookonchain has revealed that several transactions
Bitcoin (BTC) has continued its downward spiral as technical signals confirm bearish momentum for the flagship cryptocurrency. In the last 24 hours, Bitcoin dropped from an intraday peak of $111,420.48 to the $108,000 range, leaving investors wondering how low it could drop. Analyst predicts $103K as potential Bitcoin bottom According to an update from Michaël
Bitcoin traded at $108,526 as of Aug. 30, 2025, at 7:45 a.m. Eastern time, with a market capitalization of $2.16 trillion and a 24-hour trading volume of $47.69 billion. The intraday price range extended from $107,682 to $111,142, reflecting a narrow band of volatility amid persistent downward pressure. Bitcoin Despite brief moments of accumulation, bitcoin
River says individuals still own the majority of bitcoin. The U.S.-based bitcoin financial services firm revealed ownership distribution research dated Aug. 25, 2025 in a recent post on X. The study groups supply into categories and shows the share River attributes to each, using public filings, custodial address tagging and earlier blockchain research. River estimates
Recent data from Bitcoin and gold ETFs revealed a departure from historical trends this month: instead of flows moving in opposite directions as they normally do, both Bitcoin and gold experienced outflows at the same time. This rare correlation speaks volumes about the current macroeconomic environment and shifting investor psychology. Bitcoin outflows didn’t benefit gold,
The debate about Bitcoin as a method of payment versus a store of value is ongoing. With prices consistently above $100k, the relentless push from ETF issuers and Bitcoin treasury companies, and the inevitable institutionalization of the space, using Bitcoin for small payments seems more alien than ever. But is Jack Dorsey right in saying
River says companies are taking in far more bitcoin each day than miners create. The U.S.-based bitcoin financial services firm, which runs brokerage and mining operations and publishes research, released a Sankey-style flow infographic dated Aug. 25 in a post on X. In this layout, outflows are shown on the left, inflows on the right,