Bitcoin Whale Alert - Over 11,275 BTC In Movement.

Bitcoin Whale Alert - Over 11,275 BTC In Movement.

2020-09-05 | Selina Mathew

Bitcoin Whale Alert - Over 11,275 BTC In Movement.

Whale Alert has reported several lumps of cryptocurrencies being transferred over the past 16 hours, carrying 11,275 Bitcoin' - priced at around $118,042,485 USD at the reporting time in fiat.

11,275 Mln Bitcoin [BTC] wired, Binance, OKEx largely involved

In line with a recent official report by Whale Alert, a meanwhile ago, several anonymous users have shifted almost $120 Mln worth of Bitcoin in lumps.

Those portions of BTC were carried in-between 1k BTC & $3k BTC and were sent to several anonymous addresses & major cryptocurrency exchanges - Binance, OKEx & Huobi.

Some of these transfers were made to the cryptocurrency exchanges as deposits & some seem to be withdrawals to non-public wallets with unregistered owners.

Bitcoin Whale Alert - Over 11,275 BTC In Movement.

While speaking of anonymous wallets, as per the info shared by Glassnode, the amount of Bitcoin [BTC] non-zero addresses has hit an all-time high of 31,257,627.

The flagship cryptocurrency has been declining since 2nd Sept when BTC managed to raise its worth above the $12k level but on the other hand, suddenly reversed and commenced moving downwards.

On that day it declined further to the $11,400 area and on the same day BTC was pulled even lower - under the $11k line after $1 Bln worth of BTC futures contracts were traded on CME.

At the reporting time, Bitcoin [BTC] is presently trading at a price of around $10,308 USD, which is 0.65% down for the day.

Bitcoin Whale Alert - Over 11,275 BTC In Movement.

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