The Trump family DeFi project has minted $205 million USD1, pushing its treasury holdings and the stablecoin supply to record highs.

The whale had 14,837 Bitcoin worth over $1.6 billion, dating back to purchases from crypto exchanges Binance and HTX over seven years ago.

Several well-known traders have bought the newly launched token promoted by rapper Kanye West, which pumped to over $3 billion but has since fallen back.

Bitcoin’s current price action “echoes prior patterns” and still appears to be tracking its typical four-year cycle, Glassnode said.

North Wales Police said a scammer impersonating UK law enforcement stole $2.8 million in Bitcoin in a “highly targeted and advanced scam.”