The Blockchain Group, a European company recognized as the continent's first Bitcoin Treasury Company, recently acquired 116 BTC for approximately €10.7 million, increasing its total Bitcoin holdings to 1,904 BTC. The group also secured a €3 million capital increase through an ATM-style share issuance priced at €4.06 per share, issuing 739,000 new shares to purchase an additional 25 BTC, potentially raising its holdings to 1,929 BTC. Meanwhile, SharpLink Gaming ($SBET), an Ethereum treasury company led by @ethereumJoseph, expanded its Ethereum holdings by acquiring about 7,689 ETH at an average price of $2,501 last week, bringing its total to approximately 205,634 ETH valued around $533 million. SharpLink Gaming raised $64 million via an ATM offering to fund these purchases. Despite the increase in holdings, the current market value of SharpLink's Ethereum portfolio is about $522.8 million, reflecting an unrealized loss of approximately $12.8 million (-2.4%). In recent trading activity, a whale purchased $81 million worth of ETH, and BlackRock reportedly acquired $158.6 million worth of Ethereum, indicating continued institutional interest. Additionally, a new wallet withdrew 25,567 ETH (valued at $70.66 million) from Kraken within eight hours, while Abraxas Capital withdrew 29,741 ETH (approximately $81 million) from Binance and Kraken over 12 hours. Other notable transactions include a whale spending $25 million USDT to buy 9,188 ETH at $2,721 each and $2.5 million USDT to purchase 8,243 AAVE tokens at $303 each. The market has also seen substantial liquidation events, with trader @qwatio losing over $16.2 million due to short position liquidations in BTC and ETH. Meanwhile, trader 0xCB92 experienced a stop-loss triggered loss of $716,000 after an unrealized gain of over $26 million on a 50,000 ETH short position. Overall, these developments reflect active accumulation and trading dynamics among whales and institutional investors in the Bitcoin and Ethereum markets.
WHALE WATCH: NEW WALLET WITHDRAWS 25,567 ETH ($70.66M) FROM KRAKEN IN THE PAST 8 HOURS. Source: @lookonchain https://t.co/AD6UkXyKkH https://t.co/O3I1QwGqQd
BREAKING 🚨 BLACKROCK JUST BOUGHT $158.6 MILLION WORTH OF $ETH. WHALES ARE LOADING UP! https://t.co/GAg8cruQrR
BREAKING 🚨 A WHALE JUST BOUGHT $81M WORTH OF $ETH. https://t.co/eYR0DipLTi