Daily News: Sleeping Bitcoin giant whale wakes up after $5,000 to $50 million fluctuations, the Avalanche Foundation plans to raise $1 billion for AVAX Finance, and more
Source: CoinWorld
Time: 2025-09-12 01:25:16
A silent Bitcoin giant whale holds 445 bitcoins worth more than $50 million, initially worth $5,437 in 2012. He transferred funds for the first time in 13 years, shifting 132 bitcoins to a new address and transferring 5 bitcoins to Kraken, which may indicate he is selling. The Avalanche Foundation is in deep negotiations to raise $1 billion for AVAX fund management through two U.S. deals, while BitMine has increased its holdings of $200 million in ETH, bringing its total holdings to $9.4 billion. The Securities and Exchange Commission (SEC) has delayed its decision on staking of Ethereum ETFs and new XRP and Solana funds.