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Benzinga
Benzinga
Business
Aniket Verma

Cathie Wood Questions Big Movement In Old Bitcoin: 'Part Of A Government Settlement Deal?'

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Renowned investor Cathie Wood speculated about the U.S. government’s role in the record movement of inactive Bitcoin (CRYPTO: BTC) on Saturday.

What Happened: Wood, the CEO of ARK Invest, was responding to an X post by Ark analyst David Puell, who highlighted the highest single-day amount of coinblock destruction in Bitcoin’s history.

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