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Bitcoin climbs back above $80k while big holders shift coins

05.11.2026 · Cryptonews

Bitcoin climbs back above $80k while big holders shift coins

The market has steadied after the Binance breach. Bitcoin has pushed above $80,000 again, pulling Ethereum and other major coins higher over the past day.


Whale activity picked up sharply. Trump Media moved 4,259 BTC worth $343.6 million to Crypto.com, while Bitcoin miner MARA Holdings sent 1,650 BTC valued at $132.8 million to several trading platforms.


Other large players took different approaches. Investor Chun sold 6,200 wstETH for $18.5 million, F2Pool co-founder Wang Chun offloaded roughly 7,740 ETH, and a16z deposited another 148,145 HYPE tokens. At the same time, one trader opened a 10x long on 450,000 LINK worth $5.18 million.


Based on information from cryptonews.net

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