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[News Brief] Apr 22, morning | Whale Alert Detects 145.19 Million USDT Transfer from Kraken to Bitfinex

According to Whale Alert, 145.19 million USDT was transferred from Kraken to Bitfinex. The large stablecoin movement between exchanges may indicate liquidity reallocation or preparation for trading activity.

[News Brief] Apr 22, morning | Whale Alert Detects 145.19 Million USDT Transfer from Kraken to Bitfinex

Whale Alert Detects 145.19 Million USDT Transfer from Kraken to Bitfinex

According to Whale Alert, 145.19 million USDT (approximately $145.14 million) was transferred from Kraken to Bitfinex. A large-scale stablecoin movement between exchanges was observed, though the exact purpose has not been confirmed.

This transfer occurred on the Ethereum network. Large stablecoin transfers between exchanges are often interpreted as signs of liquidity reallocation or preparation for trading, prompting speculation about possible short-term supply-demand fluctuations.

$143 Million Liquidated in the Crypto Futures Market Over the Past 24 Hours

PANews, citing CoinAnk data, reported that a total of $143 million in liquidations occurred across the overall crypto futures market over the past 24 hours. Of this amount, short position liquidations accounted for $92.034 million, while long position liquidations totaled $50.4978 million.

By major asset, Bitcoin (BTC) saw $30.6448 million in liquidations, while Ethereum (ETH) recorded $27.187 million. Since short liquidations made up the larger share, this suggests that more bearish positions were unwound during a short-term price rebound.

Michael Saylor Did Not Purchase Additional Bitcoin Last Week

It was reported via X on the 3rd (local time) that Michael Saylor did not buy additional Bitcoin last week.

Bitcoin-focused account Bitcoin Historian relayed the claim, citing a post by Kalshi Crypto. The post suggested that Saylor had returned to work after not purchasing Bitcoin.

Saylor is widely regarded as one of the market’s most prominent Bitcoin bulls, so whether he is buying continues to draw investor attention. However, this information is based on a post on X rather than an official disclosure.

Bitwise Said to Have Raised Bitcoin Price Target to $2.3 Million

Bitwise is said to have raised its Bitcoin (BTC) price target to $2.3 million. The view behind the statement is that Bitcoin should be regarded both as a store of value and as money, and that related projections should be revised upward overall.

On the 3rd (local time), Pete Rizzo wrote on X that Bitwise had increased its Bitcoin price target to $2.3 million. He said Bitcoin is now being viewed both as a store of value and as a currency, and that previous estimates should be adjusted higher.

However, this information was shared through a social media post, and no specific report title or calculation basis was provided.

Adam Back Says Nation-State Bitcoin Accumulation Is a Sign of Success

Adam Back, known as an early Bitcoin developer, said that nation-state Bitcoin accumulation and growing support at the state level do not conflict with Bitcoin’s philosophy, but rather signal its success.

According to @WuBlockchain, Back said in an interview with Cointelegraph that technologies that shift the balance of power—such as the internet and cryptography—begin with early adopters and eventually spread to higher-level actors, including governments.

Addressing concerns that rapid sovereign Bitcoin purchases and state-level endorsement may run counter to Bitcoin’s original ethos, he explained that this is a natural stage in the broader process of technological adoption.