News Heat Trend
Project Overview
Bitfinex is a cryptocurrency exchange founded in 2012. It provides advanced trading features, charting tools, access to peer-to-peer (P2P) financing, an OTC market, and margin trading for a wide selection of digital assets and derivatives trading. Bitfinex's strategy focuses on delivering the best crypto trading experience for professional traders and liquidity providers worldwide through cutting-edge technology.
A whale that had been dormant for 2 years deposited 300 BTC into Binance, set to make a profit of $17.6 million upon selling
According to Lookonchain monitoring, a whale that had been dormant for 2 years deposited 300 BTC, worth $23.4 million, into Binance.These 300 BTC were withdrawn from Bitfinex 3 years ago when the BTC price was $19,329. The whale is now looking at a profit of $17.6 million.
Abraxas Capital deposited 4,835 BTC—worth approximately $378 million—to Kraken in the past hour.
According to on-chain analytics platform Lookonchain (@lookonchain), Abraxas Capital deposited 4,835 BTC—worth approximately $378 million—into Kraken within the past hour. Simultaneously, it transferred 6,000 XAUT—valued at roughly $28 million—to Binance, Bybit, OKX, and Bitfinex.
Analysis: This BTC rebound is driven by “liquidity” rather than a fundamental strengthening of the trend.
According to The Block, Bitcoin rose approximately 6% this week, briefly reaching $76,300—the highest level in nearly two months—yet the Crypto Fear & Greed Index remains at 21 (“Extreme Fear”). Multiple institutional analysts characterize this rally as “liquidity-driven” rather than a structural strengthening. Glassnode notes that while spot demand and ETF inflows have improved, the recovery lacks depth, institutional participation remains cautious, and options market positioning continues to favor downside protection. Bitfinex attributes this price increase primarily to concentrated buying by “Strategists” (who purchased 13,927 BTC last week), rather than an organic rebound in demand. Analysts broadly view $75,000 as a critical support level; if structural buying wanes and this level fails to hold, prices could retreat to the $70,000–$71,000 range. On the macro front, the Federal Reserve’s policy trajectory and the June FOMC meeting are seen as the next key risk catalysts.
The U.S. government transferred Bitcoin worth $606,470 to Coinbase Prime.
Arkham monitoring shows that a U.S. government address has just transferred $606,470 worth of Bitcoin to Coinbase Prime. This Bitcoin was previously seized by the U.S. government from Ilya Lichtenstein, the Bitfinex hacker. It remains unclear whether this batch of stolen Bitcoin will be sold on Coinbase.
The U.S. government deposited 8.2 BTC into Coinbase Prime, valued at approximately $606,000.
According to on-chain analytics platform Lookonchain (@lookonchain), the U.S. government deposited 8.2 BTC (approximately $606,000) into Coinbase Prime; these funds originated from assets previously seized in connection with the Bitfinex hack.
Tether’s BTC reserve address recently withdrew 951 BTC from Bitfinex, valued at approximately $70.47 million.
According to on-chain analyst Yujin (@EmberCN), Tether—the issuer of USDT—recently withdrew 951 BTC (worth approximately $70.47 million) from Bitfinex to its BTC reserve address. This batch of Bitcoin was purchased in Q1 this year using 15% of the company’s profits. Tether’s BTC reserve address currently holds a total of 97,141 BTC, valued at approximately $7.2 billion, making it the world’s fifth-largest BTC wallet. Based on the price at the time of withdrawal, its average acquisition cost is approximately $51,312 per BTC, with an unrealized profit of roughly $2.175 billion.
The U.S. government transferred Bitcoin worth $606,470 to Coinbase Prime.
Arkham monitoring shows that a U.S. government address has just transferred $606,470 worth of Bitcoin to Coinbase Prime. This Bitcoin was previously seized by the U.S. government from Ilya Lichtenstein, the Bitfinex hacker. It remains unclear whether this batch of stolen Bitcoin will be sold on Coinbase.
The U.S. government deposited 8.2 BTC into Coinbase Prime, valued at approximately $606,000.
According to on-chain analytics platform Lookonchain (@lookonchain), the U.S. government deposited 8.2 BTC (approximately $606,000) into Coinbase Prime; these funds originated from assets previously seized in connection with the Bitfinex hack.
Related news
Bitcoin's 30-day implied volatility falls to around 42%, hitting a three-month low
According to a Bitfinex report, Bitcoin's 30-day implied volatility (IV) has dropped to approximately 42%, marking a three-month low. This represents a significant decline from the high of around 56% seen between January and February 2026. Additionally, the market has experienced negative funding rates for 26 consecutive days. Combined with declining option prices, this has created a clear structural asymmetry. If Bitcoin's spot price effectively breaks above the $80,100 level—the short-term holder realized price—the cost of holding short positions will rise significantly. However, the current options market has not fully priced in this scenario, suggesting that call options may be systematically undervalued.
A whale that had been dormant for 2 years deposited 300 BTC into Binance, set to make a profit of $17.6 million upon selling
According to Lookonchain monitoring, a whale that had been dormant for 2 years deposited 300 BTC, worth $23.4 million, into Binance.These 300 BTC were withdrawn from Bitfinex 3 years ago when the BTC price was $19,329. The whale is now looking at a profit of $17.6 million.
Abraxas Capital deposited 4,835 BTC—worth approximately $378 million—to Kraken in the past hour.
According to on-chain analytics platform Lookonchain (@lookonchain), Abraxas Capital deposited 4,835 BTC—worth approximately $378 million—into Kraken within the past hour. Simultaneously, it transferred 6,000 XAUT—valued at roughly $28 million—to Binance, Bybit, OKX, and Bitfinex.
Analysis: This BTC rebound is driven by “liquidity” rather than a fundamental strengthening of the trend.
According to The Block, Bitcoin rose approximately 6% this week, briefly reaching $76,300—the highest level in nearly two months—yet the Crypto Fear & Greed Index remains at 21 (“Extreme Fear”). Multiple institutional analysts characterize this rally as “liquidity-driven” rather than a structural strengthening. Glassnode notes that while spot demand and ETF inflows have improved, the recovery lacks depth, institutional participation remains cautious, and options market positioning continues to favor downside protection. Bitfinex attributes this price increase primarily to concentrated buying by “Strategists” (who purchased 13,927 BTC last week), rather than an organic rebound in demand. Analysts broadly view $75,000 as a critical support level; if structural buying wanes and this level fails to hold, prices could retreat to the $70,000–$71,000 range. On the macro front, the Federal Reserve’s policy trajectory and the June FOMC meeting are seen as the next key risk catalysts.
The U.S. government transferred Bitcoin worth $606,470 to Coinbase Prime.
Arkham monitoring shows that a U.S. government address has just transferred $606,470 worth of Bitcoin to Coinbase Prime. This Bitcoin was previously seized by the U.S. government from Ilya Lichtenstein, the Bitfinex hacker. It remains unclear whether this batch of stolen Bitcoin will be sold on Coinbase.
The U.S. government deposited 8.2 BTC into Coinbase Prime, valued at approximately $606,000.
According to on-chain analytics platform Lookonchain (@lookonchain), the U.S. government deposited 8.2 BTC (approximately $606,000) into Coinbase Prime; these funds originated from assets previously seized in connection with the Bitfinex hack.