Bitcoin Whales Transfer 241,175 BTC in One Hour
Bitcoin whales have transferred almost 250,000 BTC in seven transactions, sending $2.2 bln without a single bank involved
Cover image via stock.adobe.com
$2.2 bln in BTC moved without banks
According to the Whale Alert account on Twitter, in just one hour somebody transferred a jaw-dropping sum, amounting to 241,175 BTC, or $2,241,622,743 in fiat USD.
The transfers were made one after another, each bearing 30,000 BTC on average.
Image via @whale_alertThe transaction data shows that some of the sending and receiving wallet addresses were used twice. Thus, six unidentified BTC wallets were involved in sending this gargantuan amount of crypto.
The fee per transaction constituted less than one US dollar.
Number of BTC wallets with 0.1 BTC + reaches new ATH
According to data provided by Glassnode, on June 19, the number of Bitcoin addresses holding more than 0.1 BTC surged to a new all-time high, from 3,072,715 to 3,073,602.
The data shows that in less than one day, this number increased by about 1,000.
Image via @glassnodealerts
Bitcoin market stance
At the time of writing, the flagship cryptocurrency is continuing to trade in a range, exchanging hands at $9,303.
Bitcoin has been stuck in this trading range since its recovery from under the $9,000 level on June 15, after briefly hitting $8,999, according to figures from CoinMarketCap.
Analysts, however, remain bullish and expect BTC to skyrocket towards $11,500, provided that Bitcoin holds in the $9,300 zone.
Image via CoinMarketCap