[News Brief] Apr 22, morning | Digital Asset Seeks New Funding at Approximately $2 Billion Valuation

225,627 ETH Transferred From Anonymous Wallet to Binance

According to Whale Alert, 225,627 ETH was transferred from an anonymous wallet to Binance.

The transfer was worth approximately $529,799,884 at the time. Large transfers to exchanges are often watched for potential selling pressure, though whether an actual sale took place has not been confirmed.

300 Million USDT Moved From Binance to Unidentified Wallet

According to Whale Alert, 300 million USDT (about $299.89 million) was transferred from Binance to an unidentified wallet.

The transaction was confirmed on the Ethereum network, though the purpose of the transfer was not disclosed.

Digital Asset Seeks New Funding at Approximately $2 Billion Valuation

According to Wu Blockchain, Bloomberg reported that blockchain infrastructure firm Digital Asset is seeking to raise new funding at an approximately $2 billion valuation, with a16z Crypto expected to lead an investment of about $300 million.

Digital Asset is the developer of the Canton Network and is backed by DRW, Citadel Securities, and several Wall Street banks. Earlier, the company raised $50 million in 2025 from investors including BNY Mellon and Nasdaq.

Strategy CEO: Bitcoin Would Be Sold Only Under Specific Conditions

According to Wu Blockchain, Strategy CEO Phong Le said in a CNBC interview that the company would sell Bitcoin only under specific conditions.

Le said the company would prioritize numbers over ideology, explaining that it could sell Bitcoin to pay dividends on STRC perpetual preferred stock if doing so would be more favorable to Bitcoin per share than issuing new equity. He added that tax optimization, such as realizing or deferring tax gains and losses, could also be a reason for selling.

Strategy had previously emphasized that it would not sell Bitcoin, but recently it has adjusted its stance toward more active management of its holdings.

ETH/BTC Down More Than 35% Over the Past Year

ETH/BTC has fallen more than 35% over the past year, continuing its weak trend, according to Odaily.

Analysis showed that ETH/BTC was capped by a long-term downtrend line that has been in place since 2022, limiting any rebound. In August 2025, it was rejected again near an area where the 0.382 Fibonacci retracement level overlapped with the 50-month moving average.

It then broke below support at the 20-month moving average, indicating that selling pressure remains dominant. Under the bearish technical model, the next major support is around 0.0176 BTC, roughly 40% below the current level.

On-chain data showed that Binance's ETH holdings rose to about 3.62 million coins as of May, accounting for roughly 24.6% of all exchange ETH reserves. Meanwhile, Bitcoin reserves on exchanges have been declining, suggesting stronger holding preference for BTC.

The market sees this supply-demand gap as contributing to ETH's relative weakness. Analysts also noted that Ethereum's 'ultrasound money' narrative has weakened, while Bitcoin continues to benefit from institutional allocation and corporate treasury demand.

70,330 ETH Moved From One Anonymous Wallet to Another

Whale Alert reported that 70,330 ETH, worth about $165.10 million, was transferred from one anonymous wallet to another.

As this was a large on-chain transaction without confirmed exchange inflow, it cannot be immediately interpreted as direct selling pressure.

56,970 ETH Transferred Between Anonymous Wallets

According to Whale Alert, 56,970 ETH was transferred from one anonymous wallet to another.

The transfer was worth about $133,738,932. Since no exchange inflow was confirmed, it is difficult to conclude that it represents direct selling pressure.

48,550 ETH Moved Between Anonymous Wallets

According to Whale Alert, 48,550 ETH was transferred from one anonymous wallet to another.

The transfer was worth about $113.92 million. No exchange inflow has been confirmed.

BSC Ecosystem Memecoins Post Gains

Memecoins in the BSC ecosystem posted gains, according to Odaily citing GMGN data.

According to the data, 'Binance Life' reached a market capitalization of $465 million, up 22.78% over 24 hours. 'Wotamarira' had a market capitalization of $11.7 million, rising 13.8% over the same period.

Memecoins can experience high volatility depending on liquidity and investor sentiment, so caution is advised.

Bitcoin Said to Be Showing a Bullish Breakout Trend

A Bitcoin-related account, Bitcoin Historian, said that Bitcoin is showing a bullish breakout trend.

However, the post did not include specific details such as price, trading volume, or resistance levels.