Bitcoin Whale Moves Over $ 600,000,000 In BTC – Here’s Where Crypto Is Heading

[ad_1]

A Bitcoin whale transfers hundreds of millions of dollars in BTC amid a correction impacting broader crypto markets.

According to blockchain tracker Whale Alert, the huge crypto holder moved exactly 10,000 BTC from multiple wallet addresses from Bitcoin custodian company Xapo to the global crypto exchange Binance. At the time of the transfer, the Bitcoin stash was worth almost $ 608.8 million.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 10,000 #BTC (608,797,100 USD) transferred from #Xapo to #Binancehttps: //t.co/aLlyGU2YTS

– Whale Alert (@whale_alert) November 18, 2021

The great whale Bitcoin has paid 0.00005752 BTC, worth $ 3.37 at the time of writing, in transaction fees for the transfer. Bitcoin is currently trading hands at $ 58,612.

Whale Alert is also reporting other significant Bitcoin transactions over the past 48 hours amid the decline in the crypto market. Three transactions involve whales moving hundreds of millions of dollars of Bitcoin between crypto exchanges.

In two transactions, the whales withdrew nearly $ 250 million in Bitcoin from Coinbase. Other transactions have seen whales move BTC between Xapo and crypto exchanges.

Here is the summary of some of the whale transactions over the past two days:

Check Price Action Don’t Miss a Beat – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest news Reviews of Disclaimer: Opinions expressed in Daily Hodl are not investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

Featured Image: Shutterstock / Tithi Luadthong / Natalia Siiatovskaia

[ad_2]