Overview
- Early holder Owen Gunden sold another 650 BTC, bringing his disclosed disposals to roughly 11,000 BTC since November, according to Lookonchain.
- A long-dormant wallet labeled bc1q…6ym has transferred a cumulative 3,500 BTC since late 2024 with profits estimated near $330 million, and on-chain attributions remain unverified.
- CryptoQuant reported the exchange whale ratio hit 0.83 on March 14, indicating top deposits accounted for most exchange inflows.
- Bitcoin traded near $71,500 as trading volumes topped $30 billion, with U.S. spot ETFs logging about $500 million in weekly inflows, CoinCentral reported.
- Derivatives pressure featured large short positions, including a recent 2,281 BTC short on Binance by a pseudonymous whale known as Jason, crypto.news reported.