Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2...

Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2...

On November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfers that moved approximately 19,876 bitcoin worth $1.2 billion in the mix of 2,819 transactions. Interestingly, the owner used a similar splitting mechanism the old school mining whale blockchain parsers caught, spending strings of 20 block rewards throughout 2020 and 2021. Bitcoin Whale Watching Bitcoin whales are mysterious animals because in a blockchain world of pseudonymity we only see them when they move. Last year and this year as well, Bitcoin.com News has hunted a specific whale entity that....


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