Gather ’round folks, for I’ve got a tale of digital wealth worthy of the saloons of lore! Upon the ever-watchful eyes of Major Blockchain Sleuth, known to us mere mortals as Whale Alert, landed a sight to stir the pots across the globe this fine evening-a bejeweled Bitcoin wallet stretching its digital claws after ten whole years in abeyance.
Legend has it that this kindly serpent of a wallet last stirred up the waters of the virtual tavern in the early days of 2012-back when the mysterious Satoshi Nakamoto waved farewell to our quaint Bitcoin bazaars, likely off to chase unicorns or trade dragon eggs.
The Spectacle of the Bitcoin Lion Waking from His Hibernation
Reports echo from the archives of Whale Alert that there’s 479 Bitcoins stashed away behind the curtain, worth a staggering $53,683,598 if you catch my drift. Now isn’t that a fine pickle? Twelve and a half years prior, when the curtains first parted in this grand awakening, it took a measly $5,748 to claim such a heap. Who’d have thought such a bit of brass could swell to 933.853% of its original size? The wallet’s got more secrets than an alchemist on the run!
💤💤💤💤💤💤 A snoozing cryptocurrency wallet with 479 #BTC (worth $53,683,598) was jolted awake after a 12.8-year-long nap!-Whale Alert (@whale_alert) September 4, 2025
Observing from the sidelines, Whale Alert noted that our stealthy Bitcoin, perhaps just testing its limbs, made two timid transactions of 0.24998803 and 0.00039728 Bitcoins off to anonymous wallets. I daresay ’twas like a mouse nibbling at a brie-cautious but deliberate!
Ladies and gentlemen, Bitcoin himself is trading around $110,480 these days after a modest retreat from its $112,550 soiree-an acquaintance we last visited as recently as August 30. With the rolling tumble that saw a $113,470 plummet, BTC seems to have taken a rest, much like our aforestated whale.
Enter the Mighty Gold Rush of Spot Bitcoin ETFs
Meanwhile, in a corner illuminated by ticker tapes from the analytics account known as Lookonchain, on the grand stage of X social media, we observe spot Bitcoin ETFs gorging themselves like champs at a county fair, netting the hearty sum of $328.94 million, which is to say, 2,933 Bitcoins.
The lead-off appetizer went to the Fidelity Wise Origin Bitcoin Fund-a formidable pack of 1,157 BTC, ringing in at $129.78 million. Nipping close behind, both BlackRock and Ark Invest feasted alike, gobbling up approximately 658 and 650 BTC.
Sept 3 Dispatch:
10 #Bitcoin ETFs
NetFlow: +2,933 $BTC(+$328.94M)🟢 Fidelity’s treasure chest swelled with 1,157 $BTC($129.78M).9 #Ethereum ETFs
NetFlow: -49,829 $ETH(-$222.49M)🔴 Fidelity’s coffers shrunk by 23,365 $ETH($104.33M).– Lookonchain (@lookonchain) September 3, 2025
Now, ’twas not all jubilation in the digital realms, for the Ethereum folks suffered the fright of their lives with an outflow of 49,829 ETH, a satchel worth $222.49 million. Fidelity, ever the indulgent host, faced the brunt loss of this digital jamboree, giving up 23,365 ETH or $104.33 million, as tears were had and financial calculus reconsidered.
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2025-09-04 12:21