The largest deals of the year included Coinbase's $2.9 billion acquisition of Deribit, Kraken's $1.5 billion purchase of NinjaTrader, and Ripple's $1.25 billion buyout of Hidden Road.
The movement follows inflows into wallets tied to Trump Media, implying the company is actively managing its bitcoin position rather than leaving it static.
The platform attributed the incident to a third-party login provider, which several users speculated was Magic Labs, a popular tool for email-based logins.
Gold is rallying on rate cut expectations and geopolitical risk, while bitcoin has struggled to hold key psychological levels and remains sensitive to the same forces that tend to hit equities and other risk assets.