Bitcoin Whale Suddenly Moves Over $450,000,000 in BTC Here’s Where the Crypto is Going

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Huge crypto whale moves over $450 million worth of Bitcoin (BTC) as deep-pocketed investors hoard BTC.

According to blockchain tracker Whale Alert, the crypto whale moved 15,544 BTC from one unknown wallet to another on Wednesday.

At the time of the move, Bitcoin was trading for nearly $29,000.

Transaction fees were almost $28. The receiving wallet still holds the BTC at the time of writing.

Whale Alert also spotted the following large BTC transactions over the past six days.

According to new data from digital asset analytics firm Santiment, Bitcoin whales started hoarding the crypto king again after selling at a profit on April 11, when it briefly breached the $30,000 level.

The analytics firm claims that since April 11, whales have gobbled up 64,094 Bitcoins, bringing their total combined Bitcoin holdings to 8.7 million.

Bitcoin whales have been quietly accumulating again since taking profits above $30,000 on April 11. Since that date, as prices wobbled and fell slightly, addresses holding 100-10,000 BTC have collectively added 64,094 coins to their bags.

Source: Santiment/Twitter

Bitcoin is trading at $28,800 at the time of writing, down 1.5% in the past 24 hours.

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2/ https://dailyhodl.com/2023/05/05/bitcoin-whale-abruptly-moves-over-450000000-in-btc-heres-where-the-crypto-is-going/amp/

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