The post $179M in BTC Bought by One Whale—What’s Coming Next? appeared on BitcoinEthereumNews.com.  Key Insights  Whale wallet adds 1,521 BTC in 30 days, signaling major accumulation during price weakness. Bitcoin tests 50-day SMA near $115K, with RSI showing declining momentum below neutral territory. Traders watch for BTC to hold above $115K or risk drop toward the $112K support zone. $179M in BTC Bought by One Whale—What’s Coming Next? Bitcoin (BTC) has shown signs of weakness on both hourly and daily timeframes, even as one large wallet continues to accumulate BTC at scale. The market remains on alert as price action tests key support levels and volume data signals ongoing volatility. Large Whale Buys 1,521 BTC in One Month Blockchain data shows that a single wallet has received a total of 1,521 BTC, worth around $179.4 million, over the past month. The most recent transaction occurred 11 hours ago and involved 300 BTC valued at $34.85 million. All transfers originate from a FalconX hot wallet and go to the same receiving address, confirming a consistent pattern of accumulation. Notable past transactions include multiple entries above 100 BTC, with several exceeding 160 BTC. The repeated large-volume purchases suggest a longer-term accumulation strategy rather than short-term trading. “This whale just bought another 300 $BTC,” posted Crypto Rover, adding to speculation about the entity’s strategy and timing. Price Action Falls Below $115,000 Level Bitcoin price briefly broke below $115,000 during recent hourly sessions. The current price is $114,785, down nearly 1% over the past 24 hours and 3% over the past week. On the hourly chart, BTC dropped sharply from $117,500 to a low near $114,500, followed by a weak rebound. The bounce failed to reclaim momentum above $116,000. Trading volume remains elevated, but the price structure reflects hesitation from buyers. Unless BTC regains and holds above $116,000, analysts believe more downside is possible. The breakdown below… The post $179M in BTC Bought by One Whale—What’s Coming Next? appeared on BitcoinEthereumNews.com.  Key Insights  Whale wallet adds 1,521 BTC in 30 days, signaling major accumulation during price weakness. Bitcoin tests 50-day SMA near $115K, with RSI showing declining momentum below neutral territory. Traders watch for BTC to hold above $115K or risk drop toward the $112K support zone. $179M in BTC Bought by One Whale—What’s Coming Next? Bitcoin (BTC) has shown signs of weakness on both hourly and daily timeframes, even as one large wallet continues to accumulate BTC at scale. The market remains on alert as price action tests key support levels and volume data signals ongoing volatility. Large Whale Buys 1,521 BTC in One Month Blockchain data shows that a single wallet has received a total of 1,521 BTC, worth around $179.4 million, over the past month. The most recent transaction occurred 11 hours ago and involved 300 BTC valued at $34.85 million. All transfers originate from a FalconX hot wallet and go to the same receiving address, confirming a consistent pattern of accumulation. Notable past transactions include multiple entries above 100 BTC, with several exceeding 160 BTC. The repeated large-volume purchases suggest a longer-term accumulation strategy rather than short-term trading. “This whale just bought another 300 $BTC,” posted Crypto Rover, adding to speculation about the entity’s strategy and timing. Price Action Falls Below $115,000 Level Bitcoin price briefly broke below $115,000 during recent hourly sessions. The current price is $114,785, down nearly 1% over the past 24 hours and 3% over the past week. On the hourly chart, BTC dropped sharply from $117,500 to a low near $114,500, followed by a weak rebound. The bounce failed to reclaim momentum above $116,000. Trading volume remains elevated, but the price structure reflects hesitation from buyers. Unless BTC regains and holds above $116,000, analysts believe more downside is possible. The breakdown below…

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more