According to @lookonchain, two Bitcoin wallets that had been dormant since 2011 recently moved 20,000 BTC, valued at over $2 billion. This was part of a larger series of transfers where eight wallets from the 'Satoshi era' moved a total of 80,000 BTC, worth approximately $8.5 billion, to new addresses. These transfers have significant trading implications, as the original owners are sitting on approximately 140,000-fold returns, creating a strong incentive to sell. However, the funds were moved to non-exchange addresses, so an immediate sell-off is not confirmed. Adding to the intrigue, Coinbase director Conor Grogan highlighted a suspicious transaction of 10,000 Bitcoin Cash (BCH) tokens, worth nearly $5 million, from a wallet tied to the BTC cluster just hours before the main transfers. Grogan theorizes this BCH move might have been a covert test of the private keys, intended to avoid detection from whale-watching services that monitor Bitcoin more heavily. The fact that only one associated BCH wallet was activated suggests the entity may not have full access to all keys. While the BTC has not yet been moved to an exchange, this massive, coordinated movement, preceded by a potential BCH test, has created market uncertainty and speculation about a potential large-scale liquidation event.

According to @godbole17, Bitcoin Cash (BCH) has surged over 5% in 24 hours, reaching a high of $528 while Bitcoin (BTC) and the broader market showed weakness. The bullish momentum is highlighted by a 'golden cross' on the BCH/BTC chart, where the 50-day simple moving average crossed above the 200-day SMA, a technical signal for a potential bull market. However, this price rally contrasts with weak on-chain fundamentals, as the network's daily active addresses have hit a six-year low, indicating a 'critical demand deficit'. This suggests the recent price action is largely driven by speculation rather than network adoption. For traders, key levels to watch are resistance around $527 and support established between $519 and $520.

According to @EmberCN, a trader on the decentralized exchange HyperLiquid, known as AguilaTrades, turned a $10 million unrealized profit into a $2.5 million loss on a leveraged Bitcoin (BTC) long position. The source states this occurred as BTC fell 4% from its recent high, trapping the trader in a range-bound market that has persisted between $100,000 support and $110,000 resistance since May. This follows a previous incident where the same trader reportedly lost $12.5 million. In stark contrast, Bitcoin Cash (BCH) rallied 3.15% to $480.10, defying the broader market downturn. The analysis attributes the BCH surge to a 21.98% increase in 24-hour trading volume over its 30-day average, which confirmed strong buying interest and helped it break key resistance levels.

According to Omkar Godbole (@godbole17), the BCH-BTC ratio has surged to its highest point since January, signaling a potential trend shift in relative strength between Bitcoin Cash (BCH) and Bitcoin (BTC). This move may indicate increased trader interest in BCH over BTC, potentially leading to increased volatility and new trading opportunities in BCH spot and derivatives markets. Traders should closely monitor support and resistance levels for both BCH and BTC pairs, as a sustained ratio breakout could impact broader altcoin sentiment and portfolio rebalancing strategies. Source: Twitter (@godbole17, June 19, 2025).

According to Polynomial (@PolynomialFi), Bitcoin Cash ($BCH) perpetual contracts are now available on Polynomial Trade, featuring cross-margin and up to 20x leverage. The platform offers institutional-grade execution, zero gas fees, and deep liquidity powered by PythNetwork oracles, enhancing trading efficiency and accessibility for $BCH traders.

According to Mihir (@RhythmicAnalyst), Bitcoin Cash (BCH) has reached a price point of 4545 USD. This significant price movement could indicate a strong bullish trend for BCH, suggesting potential trading opportunities for investors looking to capitalize on its upward momentum.

According to Mihir (@RhythmicAnalyst), Bitcoin Cash (BCH) began a recovery in mid-2023, and the recent price correction halted at a significant support level. This technical movement suggests a potential continuation of BCH's recovery, providing traders with a bullish outlook based on current price action.

According to BitMEX Research, their festive message cleverly incorporates cryptocurrency names to send holiday greetings. The message plays on the names of Ethereum (ETH), Bitcoin Cash (BCH), Solana (SOL), and Dogecoin (DOGE), wishing everyone a joyful holiday season. This creative use of crypto names reflects the growing cultural integration of cryptocurrencies.

According to BitMEX Research, they extended festive greetings to the crypto community with a playful twist on popular cryptocurrency names, wishing everyone a 'mETHy BCH'mas' and a 'Happy SOLiDOGE'. This creative message combines Ethereum (ETH), Bitcoin Cash (BCH), Solana (SOL), and Dogecoin (DOGE), indicating a light-hearted and inclusive approach to the diverse crypto market during the holiday season.

According to BitMEX Research, there is speculation that Blackrock would prefer Bitcoin over Bitcoin Cash for their ETF offerings. The decision is suggested to be straightforward, although the statement acknowledges a degree of speculation in this assertion.

According to BitMEX Research, there is skepticism regarding BlackRock's decision to potentially launch a Bitcoin Cash ETF before a Bitcoin ETF. BitMEX Research suggests that BlackRock might not have been fully aware of Bitcoin Cash when they filed for the ETF, questioning the rationale behind prioritizing Bitcoin Cash over Bitcoin.

According to BitMEX Research, the Bitcoin Cash (BCH) client was incompatible with Bitcoin, leading to the creation of a new coin. This incompatibility with Bitcoin's reference implementation resulted in BCH becoming a separate cryptocurrency. BitMEX Research suggests that generating a new coin is unnecessary if the goal is merely to develop an alternative software client.

According to BitMEX Research, Bitcoin Cash attempted to surpass Bitcoin as the leading cryptocurrency but failed to change the 'dominant reference implementation' of Bitcoin. This distinction between trying to become the dominant coin and altering the core implementation contributed to Bitcoin Cash's inability to succeed.