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Trading Type
Spot
Trade crypto freely
Alpha
Points
Get promising tokens in streamlined on-chain trading
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Trade new tokens before they are officially listed
Margin
Magnify your profit with leverage
Convert & Block Trading
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Trade any size with no fees and no slippage
Leveraged Tokens
Get exposure to leveraged positions simply
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
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Futures Events
Participate in events to win generous rewards
Demo Trading
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CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
NEW
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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#Recommend top 3 narratives and tokens in 2024 Silk Road-related wallet saw enormous $2 billion transfer in last 24 hours.
Azcnews Whale Moves $2 Billion Worth Of Bitcoin
A notable activity has been observed on the Bitcoin network involving a U.S. government-labeled address linked to the Silk Road seizure. The address, bc1qje…wzde, moved approximately 29.8K BTC, worth around $2 billion, to two new addresses. The first address, bc1qla…2zek, received 9,999.999 BTC, while the second address, bc1qng…kz4c, was credited with 19,799.99 BTC.
This transfer could be attributed to several reasons, such as operational adjustments, fund redistribution, or preparations for future sales. Given the scale of the transaction, it is improbable that these Bitcoins will be sold immediately, as this could adversely impact the cryptocurrency’s price.
Frequently, operational security measures involve redistributing funds to ensure that large amounts are not concentrated in a single address, thus reducing risk. Another plausible reason is the preparation for future sales, possibly aimed at recovering government expenses or reinjecting funds into the economy. To prevent market disruption, large-scale sales are typically avoided.