Investment
Features
FeesSafety
Academy
More
Pluang+

Anonymous wallet sells $20.3M in wrapped Bitcoin amid BTC price pressure near $80K

Technical Signals
15 May 2026
Crypto news
View Source
Bearish
Anonymous wallet sells $20.3M in wrapped Bitcoin amid BTC price pressure near $80K

An anonymous wallet sold 250 wrapped Bitcoin (WBTC) worth $20.3 million on May 15, adding sell-side pressure as Bitcoin trades near $80,400. This sale comes amid rising Treasury yields and inflation concerns, which are impacting the broader market. Wrapped Bitcoin operates as a Bitcoin-backed token on Ethereum, and such on-chain sales bypass traditional exchange order books, making them harder to track. The sale fits a broader pattern of large-holder Bitcoin distribution in 2026, though it's unclear if this is coordinated or isolated profit-taking. Market direction remains sensitive to macroeconomic factors, especially Federal Reserve policy expectations.

More News

Musician Jonathan Meléndez and family killed in Mexico over $1.5M bitcoin hardware wallet dispute.

Musician Jonathan Meléndez and family killed in Mexico over $1.5M bitcoin hardware wallet dispute.

Jonathan Meléndez, a Mexican musician, his pregnant wife, their young daughter, and housemaid were found murdered in their home in Atizapán, Mexico. The killings are linked to a $1.5 million bitcoin hardware wallet Meléndez kept, with two suspects ar...

Market News
Bearish
4 hours ago
Deutsche Bank raises RS Group price target to 850p on strong demand and positive outlook.

Deutsche Bank raises RS Group price target to 850p on strong demand and positive outlook.

Deutsche Bank upgraded RS Group's price target from 775p to 850p following strong demand signals and a solid start to the 2027 financial year. Despite some caution about potential demand pull-forward due to geopolitical issues, ongoing positive indic...

Analyst Insights
Bullish
4 hours ago
SpaceX stock may see modest volatility after Sept 24 share unlock, but a crash is unlikely, says AI prediction.

SpaceX stock may see modest volatility after Sept 24 share unlock, but a crash is unlikely, says AI prediction.

SpaceX stock has risen 4% in September, trading near $148, but upcoming share unlocks on September 24 could increase supply and cause price fluctuations. AI analysis from ChatGPT predicts the stock will likely trade between $140 and $155 shortly afte...

Market News
Neutral
4 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $79K and notable gains in LINK and TAO.

Cryptocurrency prices show mixed movements with Bitcoin near $79K and notable gains in LINK and TAO.

Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,322, slightly down by 0.7%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK (+8.79%), TAO (+13.02%), and ICP (+12.70%) saw significant ...

Market News
Neutral
4 hours ago
Ethereum holds above $2,498 with potential to rise to $4,750 if it breaks $2,515 resistance.

Ethereum holds above $2,498 with potential to rise to $4,750 if it breaks $2,515 resistance.

Ethereum is trading near $2,498, maintaining a key breakout zone above $2,381. Analyst Bitcoin Meraklisi highlights that a confirmed breakout above $2,515 could push the price to $2,750 and potentially as high as $4,750 if momentum continues. Trading...

Technical Signals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App