Bitcoin price action Archives - Coin Engineer https://coinengineer.net/blog/tag/bitcoin-price-action/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 17 Jul 2025 11:14:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Bitcoin price action Archives - Coin Engineer https://coinengineer.net/blog/tag/bitcoin-price-action/ 32 32 Dormant Satoshi‑Era Bitcoin Whale Moves $4.77B After 14 Years https://coinengineer.net/blog/satoshi-era-bitcoin-whale-moves-4-77b/ https://coinengineer.net/blog/satoshi-era-bitcoin-whale-moves-4-77b/#respond Thu, 17 Jul 2025 11:30:13 +0000 https://coinengineer.net/blog/?p=46309 A dormant Bitcoin whale from the Satoshi era has suddenly become active after 14 years. Blockchain analytics firm Lookonchain revealed that the whale transferred 40,192 BTC (worth approximately $4.77 billion) to a new wallet. Previously, the whale had moved 40,009 BTC to Galaxy Digital, followed by 6,000 BTC to Binance and Bybit. These movements have

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]]> A dormant Bitcoin whale from the Satoshi era has suddenly become active after 14 years. Blockchain analytics firm Lookonchain revealed that the whale transferred 40,192 BTC (worth approximately $4.77 billion) to a new wallet. Previously, the whale had moved 40,009 BTC to Galaxy Digital, followed by 6,000 BTC to Binance and Bybit. These movements have triggered notable market activity. 

BTC broke a new all-time high on Monday, surpassing $122,000. According to CryptoQuant analyst Crazzyblockk, the surge was linked to profit-taking by major whales. Their gradual sell-offs were seen as a trigger for the subsequent price pullback. 

Impact of Satoshi-Era Bitcoin Whales on the Market

Lookonchain detected the whale on July 4, pointing out that it controls eight wallets created in 2011. The first two wallets acquired 20,000 BTC in April that year, when Bitcoin was priced at just $0.78. This coincides with the period of Satoshi Nakamoto’s last known communication. The remaining six wallets held 60,009 BTC from May 2011, when Bitcoin traded around $3.37. 

Additionally, a smaller dormant whale became active this week after six years, moving 1,042 BTC (worth $123 million) to a new wallet. This whale had acquired the tokens from Braiins Mining and Xapo Bank at a price of $8,746 in 2018. The BTC now remains in the new address. 

Satoshi Nakamoto, the largest BTC holder, still hasn’t moved his 1.096 million BTC. Meanwhile, Gemini founders the Winklevoss twins reportedly own around 70,000 BTC, early investor Tim Draper holds 30,000 BTC, and Michael Saylor’s private wallet has about 17,732 Bitcoin. 

The actions of large BTC whales significantly influence market trends and are closely monitored by investors. 

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]]> https://coinengineer.net/blog/satoshi-era-bitcoin-whale-moves-4-77b/feed/ 0 Ethereum Rebounds From Key Support: What’s Next? https://coinengineer.net/blog/ethereum-rebounds-from-key-support-whats-next/ https://coinengineer.net/blog/ethereum-rebounds-from-key-support-whats-next/#respond Tue, 08 Jul 2025 12:00:33 +0000 https://coinengineer.net/blog/?p=45723 In recent days, the crypto market has entered a quiet phase. This drop in volatility is often seen as the calm before the storm. Especially in major cryptocurrencies, the sideways price action may be signaling an impending breakout that could reshape the short-term market trend. Strong Reaction From Ethereum On the 4-hour chart, Ethereum (ETH)

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]]> In recent days, the crypto market has entered a quiet phase. This drop in volatility is often seen as the calm before the storm. Especially in major cryptocurrencies, the sideways price action may be signaling an impending breakout that could reshape the short-term market trend.

Strong Reaction From Ethereum

On the 4-hour chart, Ethereum (ETH) bounced from the 2,493 – 2,459 USD support zone with a notable upward move. This level has acted as a significant support for some time, and the bounce from here is technically important. Still, Ethereum has not clearly determined its next direction. Price action remains trapped between support and resistance.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Breakout Direction Will Be Crucial

A similar pattern is seen in Bitcoin as well. The overall market is in a consolidation phase, which often precedes major moves. From a technical standpoint, strong momentum could build in either direction. Traders should closely monitor volume increases and breakout levels in the coming hours.

Ethereum, ETH
ETH/USDT pair 4-hour chart.

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