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BitcoinWorld Significant Ethereum Whale Withdrawal: Over $90M ETH Leaves Binance The cryptocurrency world is buzzing with the latest on-chain developments. A significant Ethereum whale withdrawal recently occurred, capturing the attention of market observers. This event involved a massive transfer of 21,000 ETH, valued at approximately $90.6 million, from the Binance exchange. Such large movements often signal important shifts in investor sentiment or strategy, prompting close examination by traders and analysts alike. What Exactly Was This ETH Whale Movement? Just a few hours ago, an anonymous digital wallet executed a substantial ETH whale movement . This particular wallet pulled 21,000 ETH, worth around $90.6 million at the time, directly from Binance. This isn’t the first time this wallet has made headlines; it previously withdrew 8,745 ETH on August 11th. Currently, this wallet holds an impressive 86,001 ETH, which translates to approximately $376.8 million. These movements are tracked by on-chain analytics platforms like Onchain Lens, which reported the activity on X (formerly Twitter). Understanding these large transfers is crucial for market participants. When a substantial amount of cryptocurrency is moved off an exchange, it can indicate several things: Accumulation: The whale might be moving assets to cold storage for long-term holding. Staking: The ETH could be prepared for staking on the Ethereum network. OTC Deals: It might be for over-the-counter (OTC) transactions, bypassing public order books. Preparing to Sell: Though less common for withdrawals, it could precede a move to another platform for a specific selling strategy. Why Do Large ETH Transfers Matter? Every major large ETH transfer carries potential implications for the broader market. When a significant amount of ETH leaves an exchange, it typically reduces the supply available for trading on that platform. This reduction in supply can, in some scenarios, lead to increased buying pressure if demand remains constant or rises. Conversely, if the ETH is moved to another exchange, it might indicate an intent to sell, potentially adding to sell-side pressure. These movements are particularly impactful due to Ethereum’s position as the second-largest cryptocurrency by market capitalization. Its price action influences many altcoins, and large transactions can create ripples across the entire crypto ecosystem. Traders closely monitor these on-chain signals to anticipate potential price shifts and adjust their strategies accordingly. Analyzing the Binance ETH Withdrawal Dynamics The specific nature of this Binance ETH withdrawal from one of the world’s largest cryptocurrency exchanges adds another layer of significance. Binance holds vast amounts of liquidity, and large withdrawals, while generally manageable for such a robust platform, are still noteworthy. They highlight the ongoing flow of capital within the crypto space and the behavior of major holders. Binance’s operational resilience means that a single large withdrawal is unlikely to destabilize the exchange. However, a series of such withdrawals could impact its reported reserves or liquidity metrics. For the average investor, it serves as a reminder that major players are constantly moving assets, influencing supply and demand dynamics in subtle yet powerful ways. It underscores the importance of on-chain transparency in understanding market health. Deciphering Crypto Whale Activity This recent event is a prime example of continuous crypto whale activity . Whales are individuals or entities holding substantial amounts of cryptocurrency, enough to potentially influence market prices. Their actions are often seen as indicators of market sentiment. Observing whale movements provides valuable insights: Market Confidence: Withdrawals to cold storage often suggest long-term confidence in an asset’s future price. Risk Management: Spreading assets across different wallets or platforms can be a risk management strategy. Strategic Positioning: Whales might be positioning themselves for upcoming network upgrades, staking opportunities, or specific market events. Tracking these movements through on-chain data services helps investors gain an edge by understanding where smart money might be flowing. It’s like peeking into the strategies of the market’s biggest players. What’s Next After This Major ETH Transfer? Following such a significant large ETH transfer , market participants are naturally curious about the potential ripple effects. While it is challenging to predict the exact intentions behind every whale move, several scenarios could unfold. If the ETH is indeed moved for long-term holding or staking, it could be interpreted as a bullish signal, indicating reduced selling pressure on exchanges. Conversely, if it’s preparatory for an OTC sale, the impact might be less visible on public order books but could still influence market sentiment. The Ethereum ecosystem continues to evolve, with ongoing developments like scalability improvements and new decentralized applications. Whale activities like this underscore the dynamic nature of the crypto market, where large capital flows can quickly shift the landscape. Investors should remain vigilant, using on-chain data as one of many tools to inform their decisions. In conclusion, the recent Ethereum whale withdrawal of 21,000 ETH from Binance is a compelling reminder of the significant capital flows that characterize the cryptocurrency market. This substantial ETH whale movement , part of a larger holding by an anonymous wallet, highlights the continuous crypto whale activity influencing market dynamics. Understanding such a large ETH transfer and its implications for Binance ETH withdrawal patterns is essential for anyone navigating the volatile yet exciting world of digital assets. These on-chain signals provide valuable clues, helping us decipher the strategies of the market’s biggest players and anticipate future trends. Frequently Asked Questions (FAQs) Q1: What is an Ethereum whale withdrawal? A: An Ethereum whale withdrawal refers to a transaction where a large holder of ETH (a ‘whale’) moves a substantial amount of Ethereum from a cryptocurrency exchange to a private wallet or another platform. Q2: Why do large ETH transfers matter for the market? A: Large ETH transfers can significantly impact market sentiment and supply dynamics. They might signal accumulation, staking, or potential selling, which can influence price action due to changes in available liquidity on exchanges. Q3: How does a Binance ETH withdrawal affect the exchange? A: While a single large Binance ETH withdrawal is unlikely to destabilize a major exchange like Binance, it does reduce the exchange’s available liquidity for that asset. A series of such withdrawals could impact reported reserves or perceived stability. Q4: Can tracking crypto whale activity predict price movements? A: Tracking crypto whale activity provides valuable insights into the strategies of major holders and can offer clues about future market direction. However, it is one of many indicators and should not be used as the sole basis for predicting price movements. Q5: What is the significance of the 86,001 ETH held by the wallet? A: The wallet holding 86,001 ETH signifies a substantial long-term position, indicating a significant belief in Ethereum’s value. Such large holdings give the whale considerable influence over market sentiment through their movements. If you found this analysis of the recent Ethereum whale withdrawal insightful, consider sharing it with your network! Help us spread awareness about significant crypto market movements by sharing this article on your favorite social media platforms. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum price action. This post Significant Ethereum Whale Withdrawal: Over $90M ETH Leaves Binance first appeared on BitcoinWorld and is written by Editorial Team

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'$SATOSHI' Inheriting Satoshi Nakamoto's Philosophy Proceeds with 2nd Presale Following 1st Round Sellout

Joint Project by P2P Foundation and Commons Foundation Draws Industry Expert Attention Seoul, South Korea, August 12, 2025 – The meme coin project SatoshiMeme ($SATOSHI), jointly developed by P2P Foundation and Commons Foundation, announced that it successfully raised $580,000 USDT by completely selling out 8 billion tokens in its first presale. Building on this success, the second presale will begin on August 13, 2025, at 18:00 (UTC+9). 1st Presale Sellout and Expert Evaluation The first presale sold out completely within just 6 days, confirming high interest from the cryptocurrency community. The combination of P2P Foundation's participation—the only platform where Bitcoin founder Satoshi Nakamoto was active—and Commons Foundation's technical expertise from operating blockchain mainnets for 8 years has garnered significant attention from investors. OneSafe, a cryptocurrency-related fintech company, stated in a recent analysis report that "$SATOSHI is changing the game in the meme coin world. Unlike most meme coins that are just for fun, this project is actually pursuing substantial change." OneSafe particularly analyzed that "they are pursuing a return to Bitcoin's original vision—the vision that Satoshi Nakamoto had—focusing on utility rather than speculation in cryptocurrency." OneSafe also evaluated the participation of the two foundations, stating that "their support is not simply for quick profits, but aims for community participation and education, which is not something you can easily see in the crypto world." 2nd Presale Launch on August 13 Commons Foundation Chairman Choi Yong-kwan stated, "The rapid complete sellout of the first presale, which began without any promotional activities after the project launch, demonstrates that the market has recognized the project's differentiated value. The second presale will provide opportunities for more participants to join the project." The second presale is the second phase of an 8-stage presale roadmap, offering discounted prices compared to future stages despite increased pricing from the first round. According to the project team, second presale participants can secure tokens at up to 40% discount compared to the final listing price. The participation process remains the same as before: users send USDT to wallet addresses provided on the official website, install the dedicated MicroBitcoin wallet WONPAY app to generate wallet addresses, and then send transaction details (TXID) along with wallet addresses via email for automatic token distribution. Major Exchange Launchpad Sales and Additional Reward Plans The project team announced plans to accelerate multiple launchpad sales with major exchanges ranked within the top 20 on CoinMarketCap. $SATOSHI, based on the MicroBitcoin (MBC) mainnet, plans to expand global market accessibility through exchange listings after presale completion. Meanwhile, free airdrops of certain amounts will be conducted for all active users of SNS, websites, and all exchanges where MBC is listed, as well as for everyone who installs Wonpay for the first time. Additionally, through various challenges, video production contests, hackathons, and other activities, additional rewards will be provided to individuals or organizations contributing to the SatoshiMeme project according to the Commons economic model. 2nd Presale Details Start Time: August 13, 2025, 18:00 (UTC+9) End Time: Until fundraising target is reached How to Participate: Check wallet addresses at https://satoshimemes.com Payment Method: USDT (TRC-20, Solana, BSC networks supported) Transaction Confirmation: Send TXID and receiving wallet address to presale@satoshimemes.org Minimum Purchase: 1 million $SATOSHI Maximum Purchase: 10 billion $SATOSHI Fundraising Target: 800,000 USDT Token Distribution: Distributed within 12 hours after sale participation Official Channels Website Telegram Twitter Related Organizations P2P Foundation Commons Foundation MicroBitcoin About Commons Foundation Commons Foundation is a non-profit organization dedicated to fostering commons-based peer production and community-driven innovation. It was established to support projects that prioritize collective ownership, open knowledge sharing, and decentralized governance. Key Activities: The foundation identifies and nurtures commons-based projects, provides funding for community-driven initiatives, and facilitates knowledge sharing among global commons communities. Notable achievements include supporting multiple open-source blockchain projects and establishing partnerships with leading P2P organizations worldwide. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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ChatGPT-5 picks 3 cryptocurrencies to buy and hold forever

When asked to identify the three cryptocurrencies it would hold indefinitely, OpenAI’s latest large language model, ChatGPT-5 , opted for a mix of established leaders and critical infrastructure assets: Bitcoin ( BTC ), Ethereum ( ETH ), and Chainlink ( LINK ). The inclusion of Chainlink marks a shift from a previous shortlist in which the AI selected Remittix (RTX), an emerging cross-border payments token praised for its low-cost transactions and deflationary tokenomics. While RTX remains a niche contender, ChatGPT-5 ultimately replaced it with LINK, citing its essential role in blockchain interoperability and real-world data integration. ChatGPT picks Bitcoin as the “bedrock” Bitcoin, currently trading at $119,091 and up 99.85% over the past year, was described as the “bedrock” of any long-term portfolio. With institutional demand for spot Bitcoin ETFs at record levels and the 2024 halving constraining supply, the AI pointed to BTC’s fixed issuance and global trust as reasons for its continued dominance. ChatGPT picks Ethereum as the “productive asset” Ethereum, priced at $4,404.88 (+64.31% year-to-date), was characterized as the “productive asset” of the group, generating yield through staking while serving as the foundation for decentralized finance, NFT markets, and Layer-2 scaling solutions. ChatGPT picks Chainlink as the “infrastructure bet” Chainlink, at $22.95 and up 119.35% in the past year, was highlighted as the “infrastructure bet,” providing secure data feeds and interoperability through its Cross-Chain Interoperability Protocol (CCIP). This makes it indispensable to DeFi protocols, tokenized assets, and real-world adoption. ChatGPT-5 picks 3 cryptocurrencies to buy and hold forever. Source: Finbold/ChatGPT Notably, when ChatGPT-4 was asked the same question nearly two years ago, it selected Bitcoin, Ethereum, and Cardano (ADA). The latest model’s decision to replace Cardano with Chainlink reflects a shift toward assets already delivering core functionality to the blockchain ecosystem, rather than those still aiming for mass adoption. In short, the AI’s strategy favors proven utility and structural importance over speculative growth, aligning its “forever” portfolio with projects it considers both foundational and resilient. The post ChatGPT-5 picks 3 cryptocurrencies to buy and hold forever appeared first on Finbold .

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