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The recipient quickly sold the entire stack of Lobstar tokens for a profit of about $40,000, though the same amount of tokens is now worth over $400,000.
The liquidation makes Bitdeer the largest publicly traded bitcoin miner by self-mining hashrate to hold no BTC on its balance sheet.
CryptoQuant said the exchange whale ratio has risen to 0.64, the highest level since 2015, suggesting whales are leading selling activity.
One exchange has processed at least $11 billion in crypto from an office in the same building previously occupied by sanctioned exchange Garantex.
U.S. spot bitcoin ETFs recorded about $316 million in net outflows during the holiday-shortened Presidents' Day trading week.
IoTeX co-founder Raullen Chai said losses are "significantly lower" than circulating estimates, but has not provided a specific figure.
The tokenized shares were issued by the BNP Paribas’ AssetFoundryTM platform using a "permissioned access model on Ethereum."
FOCIL was officially “scheduled for inclusion” as the consensus-layer (CL) headliner for the upcoming Hegota upgrade, targeted for late 2026.
The SEC introduced new guidance allowing broker-dealers to apply a “2% haircut” to proprietary positions in certain stablecoins.
ProShares on Thursday launched a money market ETF designed to hold assets that qualify as reserves for dollar-backed stablecoins.