{"id":35440,"date":"2025-07-07T05:46:59","date_gmt":"2025-07-07T05:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35440"},"modified":"2025-07-07T05:46:59","modified_gmt":"2025-07-07T05:46:59","slug":"cathie-wood-questions-big-movement-in-old-bitcoin-part-of-a-government-settlement-deal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35440","title":{"rendered":"Cathie Wood Questions Big Movement In Old Bitcoin: &#8216;Part Of A Government Settlement Deal?&#8217;"},"content":{"rendered":"<div>\n<p>Renowned investor\u00a0<strong>Cathie Wood<\/strong>\u00a0speculated about the U.S. government\u2019s role in the record movement of inactive <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) on Saturday.<\/p>\n<p><strong>What Happened<\/strong>: Wood, the CEO of\u00a0<strong>ARK Invest<\/strong>, was responding to an X post by Ark analyst <strong>David Puell, <\/strong>who highlighted the\u00a0highest single-day amount of coinblock\u00a0destruction in Bitcoin\u2019s history. <\/p>\n<p>Coin Days Destroyed is a metric that tracks the movement of BTC based on how long they have been held before being transacted. The more old coins move, the higher the metric.<\/p>\n<p>Puell said a record 1.1 million coin-years, with 6.5 years of holding time value, moved in a single day.<\/p>\n<p>The lack of price volatility in response, unlike typical movements of dormant BTC, piqued Wood\u2019s curiosity.<\/p>\n<p>\u201cThe Bitcoin market stabilized fairly quickly, so could this block be part of a government settlement deal? Is it now part of a government treasury?\u201d Wood speculated.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">How did this amount of coinblock destruction compare to the second &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/25\/07\/46267760\/cathie-wood-questions-big-movement-in-old-bitcoin-part-of-a-government-settlement-deal\" alt=\"Cathie\" wood questions big movement in old bitcoin: of a government settlement deal>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned investor\u00a0Cathie Wood\u00a0speculated about the U.S. government\u2019s role in the record movement of inactive Bitcoin (CRYPTO: BTC) on Saturday. What Happened: Wood, the CEO of\u00a0ARK Invest, was responding to an X post by Ark analyst David Puell, who highlighted the\u00a0highest single-day amount of coinblock\u00a0destruction in Bitcoin\u2019s history. Coin Days Destroyed is a metric that tracks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35440","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35440"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35440\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}