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Fidelity ETF clients purchased $103.06 million worth of Bitcoin in a single trade
16,042 posts · 9,068 accounts · -5% vs the day before
- Fidelity ETF investors bought $103.06 million of BTC, indicating strong institutional demand for Bitcoin exposure[28]
- Strive reported acquiring 3,311 BTC last week, raising its total holdings to 32,773 BTC and increasing its cash position by $25 million[55]
- Sberbank, Russia’s largest bank with over 110 million customers, secured approval to launch Bitcoin trading for all clients on December 1 via its banking app[20]
- A UK court ruled that Chinese law governs claims of fraud victims seeking to recover 61,000 seized Bitcoin, setting a legal precedent that may affect future recoveries[8]
- A Bitcoin whale moved $377 million worth of BTC, adding uncertainty to the market and potentially influencing price dynamics[10]
Posts cited
[8] Crypto Geeks · @offshoreinn ·
Chinese fraud victims seeking to recover 61,000 seized Bitcoin face a legal setback after a UK court ruled that Chinese law governs their claims. https://t.co/iY8YyPJeR1 - Helping Traders Since 2006.
Open on X[10] Javed Ahmed 🚀 Crypto · @javedahmedhere ·
🚀 Bitcoin Whale That Sat Through Every Crash Since 2020 Just Moved $377M 📰 Caution needed. This development adds uncertainty to Layer 1 and may spook investors. #Crypto #Bitcoin #Web3
Open on X[20] EDO_FARINA_XRP · @edwardcfarina ·
JUST IN: Sberbank, Russia’s largest bank with 110+ million customers, just secured approval from the Bank of Russia to trade cryptos 🇷🇺 The bank plans to open Bitcoin trading to all clients on December 1, built directly into the banking apps people already use.
Open on X[28] Whale Insider · @whaleinsider ·
JUST IN: Fidelity ETF clients buy $103.06 million worth of $BTC.
Open on X[55] Jeff Walton · @punterjeff ·
Strive acquired 3,311 BTC last week. We’ve increased our BTC HODL by 11.2% week over week, and now hold 32,773 BTC. We also increased our cash position by 9% week over week (+$25M). Since August 14th (39 trading days), Strive have increased Bitcoin held by 61.8% (20,246 > 32,773). Averaging ~ 321 BTC acquired per trading day since Aug 14th (71% of the new daily supply)
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Written by an AI model from public posts; it can be wrong. Check the sources.