Bitcoin Whale Moves Millions of Dollars of BTC!

The biggest anonymous bitcoin One of the whales suddenly moved hundreds of millions of dollars worth of BTC tokens to another wallet in two separate transactions.

According to data gathered by crypto whale wallet tracking platform Whale Alerts, BTC whale He moved his $ 500 million worth of crypto money to another wallet with two separate transfers. Whale’s first transfer 11,299 BTC ($228 million) while the second transfer took place 8 hours later. The whale in its second operation 14,545 sent 1 Bitcoin to another wallet. The total amount of Bitcoin sent by the crypto giant is 25,844 BTC it happened.

The possibility that the transfer of 500 million dollars was made to the stock market brought the hearts of investors to their mouths. However, according to data from Blockchain.com, the receiving wallet is a cryptocurrency does not belong to the stock market.

However, it is noteworthy that the crypto whale has made these transfers before. Whale previously received $3 billion worth of cryptocurrencies in his wallet / sent it to another wallet.

Moving almost 26,000 Bitcoins, the wallet was once the 8th largest cryptocurrency wallet according to BitInfoCharts data. Currently, the wallet owner only has $200 in hand.

BTC Whales Are Buying At These Levels

While the 500 million transfer of the BTC whale was on the agenda, data on whales came from Santiment.

🐳 #Bitcoin whales are showing signs of sustained accumulation, which has been a rarity in 2022. Since September 27th, addresses holding 100 to 10k $BTC have collectively added back 46,173 BTC back to their wallets as large $USDT holdings have dropped. https://t.co/v6oUduVux1 pic.twitter.com/8JGDC0g5a9

— Santiment (@santimentfeed) October 5, 2022

on-chain According to the metric tracker, BTC whales are consolidating their wallets around $20,000.

$BTCAs of writing, it is trading at $19,400.