Whale Carries $450M Bitcoin: Mobility Increases!

A powerful cryptocurrency whale has recently started carrying more than $450 million in Bitcoin assets in its pocket. According to Whale Alert, the whale transferred 15,544 BTC from one unknown wallet to another on Wednesday. carried.

At the time of this transaction, Bitcoin was trading at about $29,000. The cost of all these relocations was $28. Meanwhile, while the assets are on the move, they have not yet been disposed of and belong to the whale.

  • 1,500 BTC worth $42.7 million transferred from an unknown wallet to Crypto.com.
  • 1,213 BTC worth $34.6 million transferred from an unknown wallet to Crypto.com.
  • 1,679 BTC worth $49.1 million transferred from Bittrex to an unknown wallet.
  • 726 BTC worth $21.3 million transferred from Binance to Bitfinex.

Bitcoin whales started accumulating after selling for profit when it briefly crossed the $30,000 mark on April 11, according to new data from on-chain analytics firm Santiment.

The analytics firm found that since April 11, whales have swallowed 64,094 Bitcoins, bringing their total BTC holdings to 8.7 million.

Bitcoin whales have quietly started accumulating again since they made over $30,000 in profits on April 11. As of this date, addresses holding between 100 and 10,000 BTC have collectively added back 64,094 coins to their bags as prices fluctuated and dropped slightly.

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