Ancient Bitcoin Whale Awakens: $3.58 Million BTC Moved After a Decade

'Ancient' Bitcoin Whale Moves More BTC Mined from 2009: Arkham

In a fascinating development, an "ancient" Bitcoin whale has transferred $3.58 million worth of Bitcoin to the Kraken crypto exchange, as reported by Cointelegraph on October 4. This mysterious entity mined these Bitcoins during the first two months after Bitcoin's launch in February/March 2009 and had remained dormant for over a decade before this recent activity. The wallet address currently holds approximately $72.4 million worth of Bitcoin at today's prices.

This movement comes amidst ongoing speculation about the identity of Satoshi Nakamoto, with HBO set to release a documentary titled “Money Electric: The Bitcoin Mystery” that claims it will reveal who Nakamoto is. Len Sassaman, a deceased American computer scientist known for his work in privacy technology, is speculated to be linked to Nakamoto due to several historical posts criticizing aspects of Bitcoin.

Ethereum Price Analysis: Why Vitalik Buterin Sold MOODENG After ETH Hit $2,400

According to FX Empire's latest analysis dated October 5, Ethereum co-founder Vitalik Buterin made headlines by selling meme coins including MOODENG following Ethereum’s price reaching $2,414—a notable rebound amid market volatility influenced by geopolitical tensions and positive U.S. economic data reports.

The sale was reportedly part of efforts supporting TornadoCash developers’ legal defense fund against regulatory challenges. Meanwhile, technical indicators suggest potential further gains if Ethereum maintains its position above key support levels around $2,400 despite current bearish momentum signals like declining whale transactions and network growth metrics.

One Emerging Trend Could Give Solana an Edge Over Ethereum in Layer-1 Dominance Battle

Sygnum Bank highlights one emerging trend potentially giving Solana (SOL) an edge over Ethereum (ETH), according to their report shared via The Daily Hodl on October 5. Despite having only a fraction of Ethereum’s market share primarily driven by memecoin trading volumes—traditional finance firms are increasingly considering Solana for tokenization platforms owing largely to scalability advantages compared against established networks. Companies such as PayPal or Visa integrating SOL into payment processing systems recently announced plans involving mutual funds launching onto blockchain infrastructure provided by Solana.

A Cryptocurrency Expert Predicts Significant Drops For Bitcoin And Ethereum Before Altcoin Season Begins

Benzinga reports insights from well-known cryptocurrency trader Capo predicting significant declines ahead within both major cryptocurrencies - specifically forecasting possible tests down towards ranges between $48K–$50K & $1,800–$2,000 respectively prior to any real altseason commencing thereafter. Current pricing reflects slight downturns already observed across the past week; however, optimism remains high amongst analysts anticipating eventual rebounds surpassing previous resistance points. Ultimately, long-term perspectives remain bullish despite short-term uncertainties prevailing throughout broader global markets.

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