2 Billion Dollars of Bitcoin (BTC) Transfer Made Fear in the Market!

Leading cryptocurrency of bitcoin The price was more active than ever this week, and after $68,000 was seen, it was first seen at $58,000 and then again at $62,000.

This volatility in the Bitcoin price is definitely shaping the crypto money industry, and for this reason, all transactions on the Bitcoin network affect the entire industry.

$2 Billion BTC Changed Hands

The transfer of 2 billion dollars of Bitcoin in a single transaction makes the situation a little more critical.

This transfer, which took place on Wednesday, was monitored throughout the week and it was determined where the BTCs went.

At the moment, it is noteworthy that the value of the Bitcoin price and the transfer of $ 2.16 billion were made in a single transaction. According to data transmitted by BitInfoCharts, 900 BTC was first sent to a wallet.

Its value corresponds to 55 million dollars. It can be seen that a total of 34,988 BTC has been distributed to other wallets.

The second address, to which the rest of the funds are sent, has an input of 34,088 BTC. $2.11 billion worth of funds were sent directly here, and the wallet in question is currently the 21st richest Bitcoin wallet.

For all these transfers, a transaction fee of $ 0.42 seems to have been paid. The wallet from which the funds exited was the 18th richest Bitcoin wallet before the exit.

As of now, it is stated that there are 4,589 Bitcoins worth $284 million in that wallet. Although this transfer causes fear in the sector, it is estimated that it may actually be one of the usual exchanges between wallets.

Because the transfer is not made to known exchanges, it is stated that this will not create a selling pressure.

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