Price Prediction

According to Arkham, our favorite on-chain analytics platform (because who doesn’t love a good analytics party?), they spotted 11,501 BTC doing the cha-cha across two new wallets late Monday. And get this: 10,608 BTC, valued at a jaw-dropping $928 million, was sent to an unknown destination. Is it a creditor repayment? Or did someone just forget their wallet at a bar? 🍹 The remaining 893 BTC ($77.3 million) was redirected to an Mt. Gox-controlled wallet, which then decided to play a game of “pass the parcel” with the assets to yet another address.

Now, Ethereum, the second largest cryptocurrency (or should we say “cryptocurrency with an identity crisis”?), is in a bit of a pickle. It’s been so generous that it’s practically giving away its value to layer-2 networks, like a child sharing their candy with everyone at the playground. 🍬 But alas, it’s not keeping the investors interested – they’ve been running away faster than you can say “blockchain!”

This was followed by a period of stabilization, as if the network paused to catch its breath, before surging again towards the end of February 2025. The result? A series of all-time highs that left even the most jaded crypto enthusiasts raising their eyebrows. 🤨

Arkham Intelligence, playing the role of the ever-watchful chorus, reported this grandiose shuffle of funds from Mt. Gox’s coffers on Mar.25. The tale unfolds with893 Bitcoin (a modest $78 million) venturing to a new address, while a more substantial10,608 BTC (nearly $929 million) took a more conservative path to another Mt. Gox-owned wallet. And let us not forget the whimsical touch of0.000017 BTC, sent to Kraken as if testing the waters of exchange with a toe before diving into the deep end.

Alas, despite its recent stellar performance, SOL remains a fallen star, down20% for the month—a clear sign that the market is as stable as a drunken Vogon constructor. 🍷👷‍♂️