Major Crypto Market Moves: Bitcoin, Ethereum, and Regulatory Warnings Spur Market Activity

The recent update highlights significant activity in the cryptocurrency market: Metaplanet has increased its Bitcoin holdings by purchasing 780 BTC, bringing its total to 17,132 BTC, valued at approximately $2 billion, with an average purchase price of $101,030. Ethereum investment products saw unprecedented inflows, surpassing the entirety of 2024’s inflows with $7.79 billion year-to-date, driven by a record weekly inflow of $1.59 billion. Additionally, SharpLink Gaming acquired over 77,210 ETH valued at roughly $295 million, increasing its holdings to more than 438,000 ETH, totaling around $1.7 billion. Meanwhile, ASIC issued a warning against Bitget for offering unlicensed crypto futures products in Australia, reflecting regulatory scrutiny in the sector.