Discover a alert of prominent cryptocurrency whale, which monitors the large coded currency transfers, a large deposit from the bitcoin currency that was carried out to the Coinbase Foundation, a branch of the largest exchange of cryptocurrencies in the United States dealing with financial institutions.
This happened while the world’s largest encrypted currency, Bitcoin, grows great enough to pay it above the price of $ 105,000.
52,933,217 dollars in Bitcoin turned to Coinbase
The aforementioned data source publishes the word about a large amount of bitcoin, which is developed to the Coinbase Foundation about four hours ago. The deposit of 509 Bitcoins carried $ 52,933,217 at the time of the treatment that started.
Transport has been made from an unknown wallet, and it is likely to be a sale. This transport coincided with the price of the price increased by approximately 1.5 %, as BTC exceeded the level of $ 105,000, approaching its highest level ever in January 109,100 dollars per currency.
A large driver nourishes the high prices of bitcoin
According to a report published by the Santiment Data Series, the Bellweether Cryptocurrency in the price fueled by a modern development between the United States and China in the context of commercial tariffs imposed on almost all countries in the world. The largest 150 % fees were prepared on Chinese goods that enter the American market.
Santiment reported that Bitcoin jumped over $ 105,000, as the United States and China announced that an agreement has been reached and more details will be revealed later today. Regardless of Bitcoin, Altcoins also started gathering with Ethereum exceeding $ 2500. Stock markets are also located in the Green Zone now because traders are now expecting that the Trump tariff will not be an obstacle to the decline in their investments.
Delivery: We muted the United States and China muted that an agreement has been reached, with more details later on Monday. Bitcoin (104.1 thousand dollars) increased moderately, and Altcoins rises with ethereum now along the way to more than $ 2,500.
Stock markets interact positively, with … https://t.co/semz0gwr2E pic.twitter.com/nnlygh7bej
– Santiment (Santimentfeed) May 12, 2025
However, Santiment added that this can actually be the framework of a deal that was discussed in Geneva during the weekend, and this is not a complete deal/is implemented yet. The data company urges merchants waiting for an official announcement from US President Trump in this regard.
Last week, Bitcoin rose above $ 104,000 from the level of 96,140 dollars, as the federal reserve announced its fixed decision to preserve the current level of interest rates without raising or cutting them. This was taken by merchants and investors as a clearly positive sign.
