Bitcoin News Today: Bitcoin Whale Shifts Millions After 12 Years as Market Gains 1.12–6.39%

Ancient Bitcoin Whale Moves Millions in BTC After 12 Years [1], triggering renewed discussions among analysts about the potential for a prolonged market correction. The whale’s actions, after holding Bitcoin for over a decade, have drawn attention due to the symbolic nature of such a move—often interpreted as a sign of shifting sentiment or capital reallocation. Analysts have noted that large holders' activity remains a key indicator of broader market stability [1].

In parallel, Ethereum is advancing its long-term vision with a major protocol upgrade designed to counter quantum computing threats and improve scalability. The update aims to increase transaction processing on the base layer to 10,000 transactions per second (TPS), with Layer 2 networks expected to handle up to 1 million TPS [2]. This upgrade reflects Ethereum’s strategic focus on staying competitive in an increasingly technical blockchain landscape and addressing future security concerns.

Market performance has also been robust, with Bitcoin and Ethereum posting notable gains. As of June 7, 2025, Bitcoin was trading at $114,578.00, up 1.12%, while Ethereum rose 3.03% to $3,537.97 [3]. XRP led the pack with a 6.39% increase, reaching $2.99, followed by BNB and Solana, which gained 1.46% and 1.65%, respectively [3]. These movements highlight the ongoing momentum in the crypto market, particularly among well-established assets.

Presale activity remains strong, with projects like Little Pepe reaching a new funding milestone. The project completed Stage 8 of its presale, raising over $13.775 million and distributing 9.75 billion tokens [4]. The success of such initiatives indicates continued investor interest in high-growth opportunities, particularly in early-stage projects.

Institutional-grade vision and real-world use cases are increasingly shaping the crypto ecosystem. Emerging projects are gaining traction based on their technological foundations and long-term potential, according to recent discussions [5]. These developments suggest that the market is evolving beyond speculation, with more focus on utility and innovation.

Together, these events illustrate a crypto market in flux—driven by technological progress, shifting investor sentiment, and the emergence of new projects with strong presale traction.

Source:

[1] Ancient Bitcoin Whale Moves Millions in BTC After 12 Years https://cryptoadventure.com/ancient-bitcoin-whale-moves-millions-in-btc-after-12-years

[2] Ethereum Launches Lean Protocol Overhaul to Tackle https://www.ainvest.com/news/ethereum-news-today-ethereum-launches-lean-protocol-overhaul-tackle-quantum-threats-scale-1-million-tps-2508/

[3] Decrypt: AI, Bitcoin, Culture, Gaming, and Crypto News - Decrypt https://decrypt.co/

[4] Press Releases https://decrypt.co/press-releases/press-releases

[5] Six Crypto Coins Everyone's Whispering About But Few ... https://medium.com/digitalcurrencytraders/six-crypto-coins-everyones-whispering-about-but-few-truly-understand-228fcb2cc59b