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An anonymous Bitcoin whale, identified by a wallet address beginning with bc1qsy, has sold an additional 2,000 $BTC during the recent price rebound, according to on-chain analytics firm The Data Nerd. The transaction, valued at approximately $136.48 million, adds to a significant month-long selling spree that now totals 9,513 $BTC.

Cardano founder Charles Hoskinson believes the current crypto downturn is temporary and expects the market to enter another bull cycle eventually.

As allegations of manipulation in the cryptocurrency market resurface, on-chain analyst EmberCN made some noteworthy statements.

Bitcoin is hovering near $63,000 as traders focus on whether $BTC can reclaim the crucial $63,400 resistance area or first sweep lower support before attempting another move toward $65,000. While Michaël van de Poppe sees potential for a rebound after a liquidity sweep, Matthew Dixon’s Elliott Wave analysis suggests a recovery could still precede one…

BitMine Chairman Tom Lee stated that a significant breakout is approaching in Ethereum’s ($ETH) technical outlook, reiterating his bullish outlook for $ETH.

Bitmine Immersion Technologies has purchased another 9,926 Ethereum tokens, worth roughly $19 million, bringing its total holdings to 5.82 million ETH. The company’s Ethereum treasury is now worth about $11 billion, putting the crypto treasury firm within striking distance of its goal to own 5% of ETH’s circulating supply.