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Bitcoin whale moves 1,260 BTC worth $100M; 75 Casascius coins redeemed in early September

Market News
06 Sep 2026
Bitcoin
View Source
Neutral
Bitcoin whale moves 1,260 BTC worth $100M; 75 Casascius coins redeemed in early September

A Bitcoin wallet created in 2016 transferred 1,260.77 BTC, now valued at over $100 million, marking an 11,366% gain over a decade. Additionally, nearly 75 physical Casascius 1 BTC coins were redeemed in early September, indicating vintage holders are cashing out. These moves suggest some investors may believe Bitcoin's price has limited upside after years of gains. The market now faces increased supply from long-dormant Bitcoin as prices hover near $79,733.

More News (BTC)

Bitcoin dips below $82K amid $488M crypto liquidations, mostly long positions.

Bitcoin dips below $82K amid $488M crypto liquidations, mostly long positions.

Bitcoin's price dropped below $82,000 on Monday evening, triggering $488.61 million in liquidations over 24 hours, primarily from long positions which accounted for 83.2% of the total. This affected over 118,000 traders, with the largest single liqui...

Market News
Bearish
4 hours ago
Bitcoin falls below $82K as $489M in crypto longs liquidate amid inflation worries.

Bitcoin falls below $82K as $489M in crypto longs liquidate amid inflation worries.

Bitcoin's price dropped below $82,000 on October 12, 2026, triggering $488.61 million in liquidations, mostly from long positions. This decline reflects several pressures including institutional ETF outflows, rising U.S. Treasury yields, geopolitical...

Market News
Bearish
4 hours ago
Bitcoin funding rate hits 9.2% annualized as open interest drops across major cryptos

Bitcoin funding rate hits 9.2% annualized as open interest drops across major cryptos

Bitcoin's funding rate reached 9.2% annualized with a slight decline in open interest to $7.67 billion, indicating mixed market positioning. Ether showed the strongest long bias with 74.4% longs and a 3.3% annualized funding rate, while Solana, XRP, ...

Technical Signals
Neutral
5 hours ago
Bitcoin supply tightens as geopolitical tensions and policy news drive crypto volatility and selective altcoin gains.

Bitcoin supply tightens as geopolitical tensions and policy news drive crypto volatility and selective altcoin gains.

Over the past year, about 700,000 Bitcoin have been withdrawn from exchanges, reducing available supply and potentially amplifying price moves amid sustained demand. Conflux surged 17% following China's blockchain policy announcement, while Ethereum,...

Market News
Neutral
6 hours ago
Cryptocurrency market drops as Bitcoin and major coins decline, $224M liquidated in 24 hours

Cryptocurrency market drops as Bitcoin and major coins decline, $224M liquidated in 24 hours

The cryptocurrency market experienced a decline with Bitcoin dropping 0.73% to $83,008 and the total market value falling to $2.81 trillion. Major coins like Ether, XRP, BNB, Solana, and Dogecoin also saw decreases, contributing to a 2.84% overall ma...

Market News
Bearish
7 hours ago
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