Bitcoin Whales Cashed Out $1.2 Billion in 2 Weeks | Key Points | June 20, 2024

Investors with a large number of bitcoins, known as whales, have sold $1.2 billion worth of bitcoin in the past two weeks.

Good morning. Here are the crypto highlights of the day:

Bitcoin whales sold $1.2B in 2 weeks, impacting prices

The U.S. SEC has dropped its investigation into Ethereum 2.0 without pressing any charges, ConsenSys says. This means that selling ETH is not considered a securities transaction.

In other news, Icesteam Jimenez, a Community Manager at ZKEX.com and co-founder of Innovative Movement of the Philippine Association of Crypto Traders (IMPACT), shares his insights on the Philippine crypto scene.

Moreover, Pixels, a web3 game by Animoca Brands and Brinc, has announced the launch of Chapter 2, which includes several major gameplay updates.

Finally, Sky Mavis, the creator of Axie Infinity, has unveiled Ronin zkEVM, a new technology that will enable faster and cheaper transactions on the Ronin network.

These are just some of the highlights. For more updates, check out our articles on BitPinas.

News source：https://www.kdj.com/cryptocurrencies-news/articles/bitcoin-whales-cashed-billion-weeks-key-june.html

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