In a series of significant events,
Arkham Intelligence has made multiple revelations about Bitcoin transactions by government entities as well as significant figures. The US government reportedly holds
$13B worth of Bitcoin, with data from Arkham revealing Mt. Gox moved over
$2 billion worth of Bitcoin while Bitcoin's price remained unaffected. Several government-associated wallets have reportedly split $2B in Bitcoin, fueling speculation about custody and sale while causing market fluctuations. In addition to this, Mt Gox has continued transferring significant quantities of BTC. Significant quantities of Bitcoin seized by the US Government have been transferred to
Coinbase along with
Arkham's own ARKM tokens for tax compliance. Meanwhile, Arkham has issued a $150,000 bounty to identify the creator of Donald Trump's DJT tokens amid increasing interest in TRUMP meme coins and rumors of Donald Trump's significant crypto holdings. Arcane findings by Arkham reveal large quantities of Bitcoin still held by various government wallets like German and US, with some selling off Bitcoins to maximize liquidity; sparking market speculations.
Defi protocol UwU also suffered an exploit while Arkham's data on
Grayscale's GBTC predicts a possible shortage of Bitcoin. Reports of large Bitcoin transactions by Mt Gox and a bounty from Arkham point at an increased crypto market vigilance.
Arkham Coin News Analytics from Wed, 15 Nov 2023 08:00:00 GMT to Wed, 31 Jul 2024 16:09:00 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 2
