Whale alert — crypto user moves $1.1B in Bitcoin
An anonymous crypto holder just completed the largest dollar value Bitcoin transaction in history. With Bitcoin's price continuing to hold close to $13,000, one anonymous trader decided now was the time to move more than $1 billion of the digital asset.According to on-chain data, a Bitcoin (BTC) trader moved more than 88,857 BTC — worth roughly $1.14 billion — for a fee of only 0.00027847 BTC, or $3.58 at time of publication. The coins were confirmed in block 654,364 on Oct. 26.This transaction is the largest movement of any cryptocurrency by fiat value, with the Bitfinex exchange setting....
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Data shows a Shiba Inu whale has withdrawn 1.7 trillion SHIB from the crypto exchange Huobi, something that could prove to be bullish for the price of the crypto. 1.72 Trillion SHIB Exited Crypto Exchange Huobi During The Past Day As per a tweet from crypto transaction tracker Whale Alert, a user has transferred 1.72 […]
A massive 30,000 BTC was transferred into unknown wallets over the past week, leading many investors to wonder about the current outlook concerning Bitcoin. When big money moves into cold storage, it reduces selling pressure because it often indicates that whales and institutional investors are expecting the price to go up and opting for self-custody. Massive Exodus Of BTC To Cold Storage Data from CoinGlass shows that almost 30,000 BTC have been moved off exchanges in the past week. With Bitcoin currently trading around $26,000, this equates to over $780 million moved into cold storage.....
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