A major Bitcoin whale has made a significant move, adding $200 million worth of Bitcoin to its holdings after selling over 11,400 BTC in recent months. This comes as Bitcoin experiences a rebound in price.
Despite some sales in February, the whale now holds over 15,000 BTC, valued at more than $1.3 billion. The whale started buying Bitcoin again after selling some when its price was between $100,000 and $86,000 in February. Bitcoin’s price was over $104,000 on February 1 but fell to around $78,940 by February 28.
ARKHAM ALERT: BILLIONAIRE BITCOIN WHALE APPEARS TO HAVE JUST BOUGHT $BTC
A $1B Bitcoin Whale just withdrew $200M of BTC this morning from Binance.
He started acquiring BTC 5 days ago after selling between $100K and $86K in February.
Bitcoin has seen significant price fluctuations recently. Over the past week, it has been trading between $81,000 and $88,000. On March 24, it experienced a 3% surge, pushing its value further away from the $76,900 low it hit on March 11.
Another Whale Moves 3000 BTC
At the same time, another Bitcoin whale has reawakened after eight years of inactivity, moving over 3,000 Bitcoin, valued at $250 million, in a single transaction on March 22.
Arkham Intelligence revealed in a post that the Bitcoin whale’s holdings have grown significantly, from a modest $3 million in early 2017 to a massive $250 million today. This stack of Bitcoin has been held in a single address for over eight years.
BlackRock Stacks Up More BTC
BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets, has been accumulating Bitcoin over the past week, according to Arkham Intelligence. The firm purchased 4,054 additional Bitcoin across 15 transactions, bringing its total holdings to 573,878 Bitcoin, worth over $50 billion, according to Bitbo’s Bitcoin treasury tracker.
BLACKROCK IS BUYING.
BLACKROCK JUST RECEIVED $100M $BTC FROM COINBASE PRIME
Additionally, BlackRock’s iShares Bitcoin Trust (IBIT) led a surge in Bitcoin spot ETFs in the U.S., reversing a five-week streak of outflows with a net inflow of $744.4 million. The majority of this came from BlackRock’s iShares, which brought in $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.
Ether Whales Also Show Activity
An Ether whale added 7,074 ETH, worth $13.8 million, to their holdings on March 21. Ether’s price has being trading 57% lower than its peak in November 2021, trading between $1,876 and $2,097. Despite this, Ether’s open interest reached a new all-time high, and the number of addresses holding at least $100,000 in Ether has been steadily increasing.
The crypto market experienced another busy week, with major events shaking up the landscape. The U.S. Federal Open Market Committee (FOMC) made its decisions, and the long-running XRP lawsuit was finally resolved, bringing relief to the community. However, the Pi Network faced some tough challenges.
The migration and Know Your Customer (KYC) process are now complete, but many users were unable to claim their tokens. As a result, Pi fell behind the market, leading to doubts about whether now is a good time to buy.
Among the top 100 cryptocurrencies, Pi was the worst performer last week, losing more value than the rest. A big blow came when Binance refused to list Pi. They stated that any token not listed on the Binance Smart Chain is not eligible for a vote, disqualifying Pi from consideration.
What’s Next For Pi Coin Price?
The Pi token dropped below the $1 mark, after hitting an all-time high of $3 following its Open Network launch on February 20. It hit the lows of around $0.70, leaving many investors uncertain about the future. However, it has now bounced back, trading at around $0.96. Despite the downturn, analysts are spotting potential for a rebound and there are signs that a breakout could happen. If the support level holds strong, Pi could push back toward $2.
The trading volume saw an initial spike but later declined, showing that sellers are currently in control, weakening the momentum of buyers. Ater a 3% drop, the price is approaching the critical $0.70 support level, and if this breaks, it could lead to further drops, potentially down to $0.50 or $0.10.
On the bright side, if Pi reclaims the $1 level, it could trigger an upward move toward $1.20, offering hope for a recovery.
The post Pi Coin Price Prediction: Can Pi Network Hit $2 Despite Binance Blow? appeared first on Coinpedia Fintech News
The crypto market experienced another busy week, with major events shaking up the landscape. The U.S. Federal Open Market Committee (FOMC) made its decisions, and the long-running XRP lawsuit was finally resolved, bringing relief to the community. However, the Pi Network faced some tough challenges. The migration and Know Your Customer (KYC) process are now …
Following years of anticipation, Shiba Inu’s Layer-2 (L2) solution Shibarium launched on August 16, 2023. Despite being designed to bring speed, scalability, and reduced costs to SHIB holders, network data shows that Shibarium’s daily activity has significantly lagged behind competing L2 networks like Base, Arbitrum, and Optimism.
This piece looks at how Shibarium has performed this year and what its slow growth means for the wider Shiba Inu ecosystem, especially for BONE, the token that powers Shibarium, and SHIB itself.
Shibarium’s User Engagement Falters After Meme Market Rally
According to Shibariumscan, Shiba Inu’s L2 network had an unimpressive start to the year. In the first quarter of 2025, daily active addresses on the network were relatively low, showing little user engagement.
It was not until April that activity began to pick up on Shibarium. This spike in network usage was driven by the surge in meme coin activity across the broader crypto market.
For context, between April 10 and May 10, the meme coin market capitalization rose 56% as demand for these assets rocketed.
Riding that wave, Shibarium saw a surge in activity, peaking at over 21,000 daily active addresses on May 12, its year-to-date high. However, this momentum did not last.
As the meme coin market mania began to fade in late May, user activity on Shibarium also declined. By June 5, the number of daily active addresses had fallen to around 9,000—a drop of more than 55% in just three weeks.
Shibarium Daily Active Accounts. Source: Shibariumscan
Why Shiba Inu’s Layer-2 Network Is Falling Behind Other L2s
This pattern of user activity on Shibarium suggests a lack of sustained utility or use cases that keep users engaged beyond speculative trading.
In an exclusive interview with BeInCrypto, Dominick John, an analyst at Kronos Research, noted that while Shibarium experiences “bursts of community-driven activity,” it still lags behind other Layer-2 networks like Base, Arbitrum, and Optimism.
“Those networks benefit from robust ecosystems and composability in DEFI beyond the memecoin hype. For Shibarium to stand out, it must evolve and cultivate a unique DeFi ecosystem that delivers long-term value,” John explained.
According to John, Shibarium’s muted growth “reflects project-specific hurdles, limited dApp adoption, ecosystem fragmentation, and fierce L2 competition more than meme-token fatigue.”
On-chain data from DefiLlama confirms this narrative. Currently, Shibarium hosts just 18 decentralized finance (DeFi) projects— a stark contrast to more established Layer-2s like Base and Arbitrum, which support 549 and 741 projects, respectively.
Lynn C., SONEX’s CMO, echoes the same sentiment. Lynn acknowledges that meme-token fatigue may be partially responsible for Shibarium’s slow adoption, but emphasizes that much of the challenge lies in project-specific scaling strategies.
“On one hand, there is certainly meme-token fatigue in the market as users look for more utility-driven projects. On the other hand, Shibarium’s growth challenges may be specific to how the network is structured and its approach to scaling. There’s no one-size-fits-all solution, and different projects take different paths toward growth,” she said.
Despite its challenges, Shibarium has introduced utility benefits to the Shiba Inu ecosystem. John noted, “Shibarium has strengthened the Shiba Inu ecosystem by enabling cheaper transactions, supporting SHIB burns, and giving BONE real utility.”
For Lynn, the L2 “has added an important component to the Shiba Inu ecosystem by offering a Layer-2 network that promises to scale transactions and reduce costs.”
BONE Token Struggles Amid Shibarium’s Slow Adoption
BONE serves as the primary gas token, facilitating transactions and enabling users to interact on Shibarium. With fewer transactions taking place on the L2, the practical need for BONE as gas has diminished. This lack of on-chain utility has impacted the token’s market performance, falling 38% YTD.
John echoed this concern, stating that, “from a market-making perspective, token utility needs to translate into recurring on-chain demand and transactional velocity. At this stage, BONE demonstrates some early use cases, but it has yet to establish consistent capital retention across the ecosystem.”
On the other hand, Lynn holds a more cautiously optimistic view of BONE. In her words:
“BONE has certainly played a role within the Shiba Inu ecosystem, but like many tokens, it’s still working on building its utility beyond speculative trading. It’s common for newer tokens to find their footing as they grow and develop more use cases. The demand for tokens like BONE will evolve as the ecosystem matures and as more opportunities for real utility emerge.”
For the SHIB meme coin, Shibarium’s lackluster performance also has its impacts.
“If Shibarium fails to scale meaningfully, SHIB holders face several risks: reduced utility due to low transaction volume and limited dApp adoption, weaker SHIB burn rates, and stagnating token value,” John added.
Lynn, on the other hand, struck a slightly more optimistic tone. According to her:
“If Shibarium doesn’t scale, it could slow down the momentum of the broader Shiba Inu ecosystem, especially in terms of user adoption and network effects. However, it’s important to remember that blockchain and DeFi projects face various challenges as they grow, and Shibarium’s trajectory will likely continue to evolve as the team adapts to feedback and market needs.”
April 2025 marks the launch of one of the most anticipated events in the crypto world: Gate.io’s World Crypto Trading Competition Season 7 (WCTC S7). Recognized as one of the most prestigious trading competitions globally, WCTC S7 introduces innovative formats, generous rewards, and diverse activities to offer an unparalleled trading experience for crypto enthusiasts worldwide.
Racing to the Top: Showcasing Gate.io’s Commitment to Excellence
As one of the global leaders in digital asset trading, Gate.io has demonstrated impressive growth in recent years, now boasting over 22 million registered users. Its spot and futures trading businesses rank among the Top 2 and Top 5 globally, respectively.
With continued advancements in product experience, asset security, innovation, and global expansion, Gate.io has earned the trust of traders around the world.
In terms of brand building, Gate.io continues to make significant strides. Over the past two years, the platform has sponsored multiple international sports brands and, in 2025, officially became a sponsor of Oracle Red Bull Racing in F1. Known for its speed, technology, and pursuit of excellence, F1 shares a natural synergy with the world of crypto trading.
Inspired by this spirit, WCTC S7 adopts an F1-themed design to symbolize Gate.io’s core trading philosophy: speed, precision, and stability. F1 is more than a sport — it is a symbol of pushing limits and striving for greatness. Gate.io brings this spirit into the world of cryptocurrency trading, making WCTC S7 not just a competition, but a world-class event for global traders.
Top-Tier Competition: $5 Million Dynamic Prize Pool
Early bird registration for Gate.io WCTC S7 officially opened on April 15, with a dynamic prize pool of up to $5 million. This season features both team and individual competitions, alongside exciting events like surprise airdrops, offering participants multiple ways to engage and win.
Competition Timeline:
Early Bird Registration: April 15, 00:00 – April 21, 00:00 (UTC)
Lucky Bags Rain: April 15, 00:00 – June 8, 00:00 (UTC)
Official Registration: April 21, 00:00 – June 8, 00:00 (UTC)
Individual Competition: May 7, 00:00 – June 8, 00:00 (UTC)
Team Competition(First Half): May 7, 00:00 – May 23, 00:00 (UTC)
Team Competition(Second Half): May 23, 00:00 – June 8, 00:00 (UTC)
Team Battle: Two-Stage Challenge for the Ultimate Prize
The team competition accounts for 80% of the total prize pool, with up to $4 million to be shared. It introduces a “two-stage” system, resetting performance data halfway through the competition. This allows teams to recalibrate strategies and compete for Top 20 rankings in each stage independently.
In addition, the team with the highest total trading volume will win the grand prize — a Ford Mustang GT, an iconic symbol of victory and prestige.
Individual Competition: Tiered Rewards for 1,000+ Traders
The individual competition accounts for 20% of the prize pool, offering up to $1 million in rewards. Based on cumulative trading volume, the top 300 participants will share $1 million in cash, with higher ranks earning greater rewards. Participants ranked 301–700 will receive exclusive merchandise bundles, while those ranked 701–1000 will share $20,000 worth of Futures Vouchers.
Airdrop Showers: 100% Winning Rate and Collectible Fragment Game
During the competition, participants can join airdrop events with a guaranteed 100% winning rate. Prizes include trading fee rebate vouchers, Futures Vouchers, and chances to win physical rewards through “Hourly Airdrops” and “Super Airdrops,” featuring fragments of iPhone 16 Pro Max, popular tokens, and fragments of limited-edition merchandise like jackets and co-branded insulated bottles.
Participants can also collect WCTC S7-exclusive fragments to share a $10,000 Futures Voucher Pool.
Accessible for All: Balancing Inclusivity and Exclusivity
The competition is designed for broad participation. Whether joining a team or individual contests, users can choose according to their preferences. The “every participant wins” design of the airdrop event ensures that even newcomers can easily join and win prizes, while the collectible fragment gameplay offers seasoned traders a deeper and more engaging experience.
Join WCTC S7 and Embark on Your Journey to Glory
Gate.io WCTC S7 is now underway, welcoming traders from all corners of the world. Here, you’ll compete alongside top traders globally. Here, you’ll have the chance to share in a $5 million prize pool. Here, you’ll experience an unprecedented trading extravaganza.
Whether you’re a newcomer or a seasoned trader, WCTC S7 offers the perfect stage to showcase your skills. Sign up now to be part of WCTC S7, chase your trading dreams, and embark on your journey to glory. For more details, please check the official announcement link.
Disclaimer
The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement.
