Analysis: Multi-Billion Dollar Bitcoin (BTC) and Crypto Surge Triggered by ‘Single Actor’

Analysis: Multi-Billion Dollar Bitcoin (BTC) and Crypto Surge Triggered by ‘Single Actor’

New analysis from crypto market and network data analysis firm CoinMetrics finds that a single Bitcoin trader appears to have triggered Bitcoin’s sudden surge above $5,000 on April 2nd. CoinMetrics says the move likely started on HitBTC’s Bitcoin-Tether market, with a matched trade of about 500,000 Tether for 122 Bitcoin. That trade was immediately followed […]

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