Large Ethereum Withdrawal: 7,777 ETH Moved from Centralized Exchange

2025-09-09 02:41:20

Gate News bot message, a significant cryptocurrency movement was detected as a new wallet address (0xac08c04bdc2946cdf96a8b2f9aa1f5a045d7a9b2) withdrew 7,777 ETH from a centralized exchange. The transferred amount equals $33.34 million at current market rates.

ETH0.79%

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FengBaobao

· 09-10 02:28

According to documents submitted to the SEC on Monday, Bitcoin large investor Strategy, formerly MicroStrategy, announced an additional investment, purchasing 1,955 Bitcoins at an average price of $111,196 each, totaling $217 million.

As of now, Strategy's Bitcoin holdings have climbed to 638,460 coins, valued at approximately $71 billion. Since launching its Bitcoin strategy in 2020, the company has accumulated a total investment cost of about $47.2 billion, with an average acquisition price of $73,880 per coin, now boasting over $24 billion in unrealized gains.

However, Strategy has recently faced ongoing pressure from shareholders, particularly regarding the controversy over the "mNAV indicator commitment." The company had committed in July that if its market capitalization relative to the Bitcoin net asset value was below 2.5 times mNAV, it would not issue new shares; but just two weeks later, Strategy overturned this commitment, allowing adjustments to the guidance, raising concerns among investors about potential dilution of their holdings.

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CryptokingRajesh

· 09-10 01:50

interesting information

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MayEverythingGoSmoothlyAnd

· 09-10 00:25

Gate News bot message: An important crypto assets transaction has been detected. A new wallet address (0xac08c04bdc2946cdf96a8b2f9aa1f5a045d7a9b2) has withdrawn 7,777 ETH from a centralized exchange. At the current market exchange rate, the transferred amount is equivalent to 33.34 million USD.

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