Browsing: Buys

Legendary futures trader and head of Factor LLC Peter Brandt has opened a long position in Bitcoin, completely reversing his previous market outlook. The change in his trading strategy was prompted by a decisive technical breakout from a rare chart pattern that pulled the cryptocurrency out of a prolonged downtrend.

A Solana whale address that had remained inactive for nearly two years has resurfaced, purchasing 47,535 $SOL worth approximately $3.6 million, according to blockchain tracking platform Lookonchain. The transaction marks a notable return for an investor who previously capitalized on Solana’s price swings in 2023.

Strive Inc. scooped up 79 bitcoin for roughly $5 million, pushing its corporate treasury to 20,246 BTC as of Aug. 14.

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.