Terra's LFG Among Largest New Bitcoin (BTC) Holders: IntoTheBlock

United States News News

Terra's LFG Among Largest New Bitcoin (BTC) Holders: IntoTheBlock
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Terra's Luna Foundation Guard becomes one of the largest new Bitcoin $BTC holders, intotheblock says

As unveiled by IntoTheBlock, Terra's LFG is among the largest new Bitcoin holders in March 2022. Most likely, wallets with 1,000-10,000 Bitcoins are those involved in purchasing.

The IntoTheBlock team attached a chart that shows a significant increase in the number of Bitcoin wallets in the 1K-10K segment. This metric smashed the previous historic high and is growing rapidly.As covered by U.Today previously, Terra's LFG started to implement its massive plan to inject $11.2 billion into the largest cryptocurrency.Recently, they spent the first batch of money to fulfill these plans.

Should this scenario come true, Terra's LFG would surpass the largest corporate Bitcoin holder, Microstrategy, in the coming weeks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Layer by Layer Issue 25: Avalanche, Terra, BNB Chain, and CosmosLayer by Layer Issue 25: Avalanche, Terra, BNB Chain, and CosmosThe crypto landscape is awash with instances of project development teams taking inspiration from other projects that have been successful in attaining
Read more »

Bitcoin Tops $44K Amid Rumors of Terra's LFG Accumulating BTCBitcoin Tops $44K Amid Rumors of Terra's LFG Accumulating BTCLuna Foundation Guard's unconfirmed bitcoin purchases seem to have stirred interest in the top cryptocurrency. reports godbole17
Read more »

Beware the Bitfinex whale: New $45K BTC sell wall appears amid worries Bitcoin could retraceBeware the Bitfinex whale: New $45K BTC sell wall appears amid worries Bitcoin could retraceI spy a Bitcoin sell wall! Bitfinex whales look increasingly happy to sell above $45,000.
Read more »

Russia Is Open To Selling Natural Gas For BitcoinRussia Is Open To Selling Natural Gas For BitcoinRussia can trade with ‘friendly’ countries in national currencies or bitcoin, the chairman of the State Duma committee on energy said.
Read more »

Bitcoin Hits $44k on Rumors of Russia Accepting BTC for Energy ExportsBitcoin Hits $44k on Rumors of Russia Accepting BTC for Energy ExportsQuick take: Bitcoin has hit a local high of $44k Bitcoin is currently in bullish territory above the 50-day and 100-day moving averages The bullishness surrounding Bitcoin and the push towards $44k can be attributed to rumors of Russia accepting BTC for energy exports Bitcoin could hit $48k...
Read more »

Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas – Market Updates Bitcoin NewsBitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas – Market Updates Bitcoin NewsBitcoin moved past its $45,000 price ceiling, after it was reported that Russia was considering accepting the crypto as payment for energies.
Read more »



Render Time: 2025-02-23 18:24:22