A new Whale alert the report indicates that a deep pocket Bitcoin (CRYPTO: BTC) whale has moved 5,500 BTC worth $135 million to the unknown wallet.
5500 #BTC ($135,951,266) transferred from unknown wallet to unknown wallethttps://t.co/5bw1cGeybT
— Whale Alert (@whale_alert) 16 February 2023
Blockchain.com has reported that multiple addresses were used to execute the transaction for a total fee of approximately $15.61.
At the time of writing, BTC was trading at $24,558, up 3.3% in the last 24 hours, and climbing 13% in the last seven days.
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Whale Alert also mentioned other Bitcoin transactions from unknown wallets to major crypto exchanges.
About 1,515 BTC worth $35.96 million was transferred from Binance to the unknown wallet. Similarly, 1,205 BTC worth $30.02 million was transferred from an anonymous wallet to Gemini.
1,515 #BTC ($35,963,275) transferred from #Binance to unknown wallethttps://t.co/n0tUPknSk7
— Whale Alert (@whale_alert) 17 February 2023
Close to 971 BTC worth $23.90 million was transferred from an unknown wallet to Coinbase, and 1299 BTC worth $31.34 million was transferred from an anonymous wallet to Huobi.
971 #BTC (23,901,774 USD) transferred from unknown wallet to #Coin basehttps://t.co/rcPalblGzY
— Whale Alert (@whale_alert) 16 February 2023
Last week, Whale Alert reported a large Bitcoin transaction worth $123 million, which originated from Gate.io and was transferred to an unidentified wallet. The amount sent was 5,278 BTC.
Earlier this week, the blockchain analytics platform became Sentiment said that investors should pay close attention to the behavior of BTC whales.
“Bitcoin has launched to a six-month high, surprising bearish trader sentiment. With prices jumping above $24,200 for the first time since August 14, 2022, look for whale addresses to rise as a sign of increased confidence in key stakeholders, “Sentiment tweeted.
Santiment also suggested his followers to monitor the trading volume of Bitcoin.
#Bitcoin is up to $22.9k and it saw a nice isolated price pump about 6 hours ago that pushed it ahead of most #altcoin package. January was the time for #everything extractions, so keep an eye out for whales and trade volume shifting to $BTC. 👀 pic.twitter.com/hIxI5Iqv96
— Santiment (@santimentfeed) 15 February 2023
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