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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
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Essay Content Directio
- 🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
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📅 End at: July 9, 16:00 UTC
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Satoshi Nakamoto Era $8.6 Billion Bitcoin Restart Super Whale and ETF Demand Game
[Bit推] According to reports, 8 dormant Bitcoin wallets from the Satoshi Nakamoto era were reactivated on Friday, involving a total transaction amount of 8.6 billion USD. These OG wallets have always been a potential selling pressure in the market and are one of the key reasons why Bitcoin has struggled to achieve significant price rises in the past six months, although there are currently no clear signs that these specific wallets intend to sell. The "super whale" group, composed of early Bitcoin miners and long-term holders, is gradually reducing their holdings, while the demand from crypto ETFs and corporate treasuries continues to increase. This hidden range-bound battle may determine the short-term trend of Bitcoin.