Bitcoin whales move $771.5M from Wintermute as buying claims spread

Bitcoin whale accumulation claims have gained traction after Lookonchain reported that 40 newly created wallets withdrew 9,458 BTC, valued at $771.5 million, from Wintermute since Oct. 1. Summary Lookonchain reported 40 new wallets withdrew 9,458 BTC from Wintermute since Oct. 1. The $771.5 million valuation implies $81,571 per BTC, without confirming actual purchase prices. Lucky cited a separate 32,380 BTC daily inflow, described as the largest since April. Crypto Rover promoted Bitcoin’s support band as a buying signal without specifying an invalidation level. Lookonchain described the movements as whale accumulation, while the reported figures document transfers to new addresses without identifying the recipients or establishing their purchase prices. In an Oct. 24 post, market commentator Ash Crypto put the month’s accumulation at $780 million. His accompanying screenshot showed transfers from wallets labeled Wintermute, including several transactions worth more than $20 million each. “Smart money is buying fear,” Ash Crypto wrote. The transaction list included transfers of 306.314 BTC, 307.77 BTC and 364.286 BTC, alongside smaller movements. The screenshot did not contain a c...