Bitcoin Whale Awakens After 2 Years, Immediately Goes on Wild Shopping Spree
In the murky depths of cryptodom, a Bitcoin whale, having enjoyed a two-year nap the likes of which only the laziest walruses could envy, has re-entered the financial fray. Barely had the fog lifted from its digital eyes, when—oh, what ho!—it landed with a splash on Binance and promptly splurged on a shopping basket containing 100 Bitcoins. Price tag? A breezy $8.33 million. That’s the kind of retail therapy that puts your average holiday sale to shame. 🐋💸
No sooner had this leviathan twitched its fins than it whisked two transfers away from a Binance hot wallet. The first, a ludicrously plump $8.33 million—a sum that could buy enough Yorkshire pudding to stretch from here to Derby. The second transfer, a positively coy $834, which, in this crowd, is what one might call chump change, or perhaps just money for light refreshments. The Internet’s analytical sleuths, @lookonchain, wasted no time brandishing these transactions on X (formerly known as Twitter)—because what good is a fortune if you don’t make a small spectacle of it?
A wallet that has been dormant for 2 years withdrew 100 $BTC($8.33M) from #Binance 1 hour ago.
— Lookonchain (@lookonchain) April 16, 2025
All-Time Highs: Bitcoin’s Ongoing Audition for the Moon
Our old chum Michael van de Poppe—whose charts are arguably more exciting than the Derby—has piped up with another prediction. According to the chap’s latest squiggles, a delightful rise in the M2 supply (that’s the dough sloshing around in pockets and bank accounts) traditionally means Bitcoin follows it skyward, like a hungry spaniel after a tossed sausage.
Van de Poppe suggests another Bitcoin price sprint is on the cards, possibly within three months. The last time Bitcoin soared to all-time highs was Jan. 20, the very day The Donald returned to the Oval Office, and BTC shot above $109,000. At the moment, Bitcoin is idling at $83,680—down a brisk 23.35%, or as crypto enthusiasts describe it, ‘a mild case of the hiccups.’
Crystal Ball Gazing from Binance Bigwigs
This very week, Binance’s top honcho Richard Teng roused the crypto masses with the sort of pep talk usually reserved for sports teams in dire straits. Buy Bitcoin now, he urged countries and companies alike, or prepare to fork out even fatter wads in the future: “Countries and corporations that buy #Bitcoin early will benefit from the upward momentum.” Translation: Come for the coins, stay for the profits (and mind the price tags!).
His words echo those of former Binance supremo Changpeng Zhao, who confidently declared last week that governments everywhere will beat a path to Bitcoin’s door—eventually. The only difference, besides the size of the entourage, will be the price. Wait too long, and not only do you miss the party—it costs a lot more to get in. Zhao’s crystal ball is so bullish he might as well be selling moon boots, forecasting BTC to gallop its way to the holy grail of $1 million at some unspecified future date. (Astrologers everywhere nod in solemn respect.) 🚀
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2025-04-16 14:26