A Bitcoin (BTC) whale moved more than $875.7 million worth of Bitcoin in a single transaction as BTC’s price continued to move sideways on Tuesday.
The blockchain tracker Whale Alert first reported a transaction between two unknown wallets on Tuesday morning. A separate unknown wallet also received less than 0.002 BTC from the sending wallet.
— Whale Alert (@whale_alert) November 30, 2021
The nearly 15,075 Bitcoin moved for a transaction fee of 0.00001410 BTC, worth about $0.81 at time of writing, according to Blockchain.com.
A little more than two hours later, the receiving wallet of the first transaction sent almost all the Bitcoin to a different unknown wallet. The third unknown wallet sent the Bitcoin trove to a fourth unknown wallet nearly three hours later.
Finally, a little more than an hour after receiving the BTC, the fourth unknown wallet moved nearly all of that Bitcoin to a fifth unknown wallet, where it sits at time of writing.
The fifth and final unknown wallet is currently the 52nd-richest Bitcoin address in the world, with holdings worth $863,897,256 at time of writing, according to BitInfoCharts.
Here’s a summary of some of the other notable BTC whale transactions that happened on Monday and Tuesday:
- 4,800 Bitcoin worth more than $278.8 million transferred from Bitfinex to an unknown wallet
- 1,344 Bitcoin worth more than $77.8 million transferred from Coinbase to an unknown wallet
- 2,000 Bitcoin worth more than $115.6 million transferred from Xapo to Binance
- 800 Bitcoin worth more than $46.1 million transferred from an unknown wallet to CryptoCom
- 356 Bitcoin worth more than $20.6 million transferred from Coinbase to an unknown wallet
- 600 Bitcoin worth more than $34.2 million transferred from an unknown wallet to Bitbank
- 500 Bitcoin worth nearly $29.2 million transferred from Xapo to an unknown wallet
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Featured Image: Shutterstock/Mia Stendal/Andy Chipus
The post Massive Bitcoin Whale Moves Over $875,000,000 Worth of BTC – Here’s Where the Crypto Is Going appeared first on The Daily Hodl.
