Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Trump Media & Technology Group extended a series of recent Bitcoin sales by moving 2,628 BTC to Crypto.com, while Galaxy Research reported that losses from the Coldcard wallet incident reached 1,367 BTC ($88.6 million), and former FTX users began receiving funds as the FTX Recovery Trust launched a new $900 million creditor payout, bringing total estimated repayments to around $11 billion.

Trump Media & Technology Group, the company behind Truth Social, sold another 2,628 Bitcoin worth about $165 million through transfers to Crypto.com.

Blockchain analytics platform Lookonchain said Trump Media bought 11,542 BTC at an average price of $118,522 before beginning to sell portions of its holdings seven months ago.

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