Gold extended its record rally as the crisis over Greenland and a meltdown in Japanese government debt supported haven demand. US stocks plunge $1.3 tn after Greenland push. Crypto also fell in the risk off sell off.
Cryptoquant reported that large custody wallets accumulated $53 billion in Bitcoin over 12 months, according to their data, indicating strong institutional demand.
Satoshi-era wallet moved 909.38 BTC, now worth $84.6 million after 13 years, transferring its entire balance into a fresh BTC address.
Strategy acquired 22,305 BTC at $95,284 per coin, increasing its holdings to 709,715 BTC, totaling around $2,123,111,720 in value.
Ethereum's net taker volume reached $390 million since Jan. 6, the largest buy imbalance since January 2023 according to CryptoQuant data.