$9.5B Satoshi-Era BTC Whale Moves 80K Coins to Galaxy Digital
CW 29. A long-dormant Bitcoin whale moved 80K BTC, now worth $9.5B, to Galaxy Digital after 14 years of holding. Standard Chartered became the first global bank to offer deliverable BTC/ETH spot trading to institutions. Kraken launched regulated crypto futures trading in the U.S.
Standard Chartered launches BTC & ETH trading for institutions
Standard Chartered has launched a fully integrated digital assets trading service for institutional clients. The offering includes spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its UK branch and will soon be introducing non-deliverable forwards (NDFs) trading. This makes Standard Chartered the first global systemically important bank to offer deliverable spot Cryptoasset trading for institutional clients including corporates, investors and asset managers.
The trading offering is fully integrated with Standard Chartered’s existing platforms, allowing institutional clients to access and trade cryptoassets through familiar FX interfaces. Clients can settle to their choice of custodian, including Standard Chartered’s secure digital assets custody solutions.
Kraken launches US derivatives
Kraken Derivatives US, a regulated U.S. derivatives offering is launched to provide direct access to crypto futures listed on the CME through Kraken's integrated Kraken Pro trading experience.
"Kraken Derivatives US enables clients to trade a full suite of crypto futures alongside our extensive spot market offering, and instant funding enables the seamless transfer of collateral. This integration gives clients a unified interface to deploy advanced strategies and manage risk efficiently, all from within a regulated environment backed by our industry-leading infrastructure."
See details https://blog.kraken.com/product/kraken-derivatives/us-regulated-derivatives
Bitcoin OG whale sold 80k BTC
A giant Satoshi-era Bitcoin whale previously held 80,202 Bitcoin for 14 years, has sent all holding to Galaxy Digital over the past 3 days, with estimated worth around $9.53B at an average price of $118,834.
While the original value was just $132K—up 72,000x. The whale had eight wallets, the first two of which received 20,000 in Bitcoin on April 2, 2011, at the time when Bitcoin was worth $0.78. Another six wallets belonging to the whale have been holding 60,009 Bitcoin since May 4, 2011, when Bitcoin was trading for $3.37.
Address shown on Arkham: https://intel.arkm.com/explorer/address/bc1qs4nzm0je7wqfyfmqr4ht4upyzy57vc95nf4au0
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