Three notable developments have occurred in today’s cryptocurrency market.
A high-stakes scam involving both politically-related meme coin transfers and a large-scale Bitcoin sale several years ago caused ripples in the market.
wallet associated with $tramp Memecoin, known to be backed by US President Donald Trump, reportedly received $381,000 in deposits. $tramp Tokens (worth about $2 million) were added to the Binance exchange about 3 hours ago.
On the other hand, early whales possessed large amounts of resources. $BTC Since 500 coins were sold in the early days of Bitcoin. $BTC It currently sells for approximately $47.77 million. It was noted that this investor acquired a total of 5,000 shares. $BTC Twelve years ago, when the price of Bitcoin was around $332, it was worth just $1.66 million.
The whales have been sold in stages starting in December 2024, with a total of 2,500 sold so far. $BTC (approximately $265 million), with an average price of $106,164. It is estimated that 2,500 of these whales still exist. $BTC (approximately $237.5 million), with a total profit of over $500 million.
Additionally, one user lost more than $282 million in value, according to blockchain researcher ZachXBT. $BTC and $LTC As a result of a social engineering attack carried out through a hardware wallet. The attackers reportedly converted some of the compromised assets to Monero ($XMR), causing a sudden spike. $XMR price. Additionally, the attacker allegedly converted 818. $BTC (approximately $78 million) converted into 19,631 ETH, 3.15 million XRP, and 77,285 $LTC Via THORChain.
*This is not investment advice.