One of the biggest Bitcoin whales of all time simply pulled out of its wallet a whopping eleven-digit amount while the crypto quote was around $ 54,000. According to the blockchain explorer Bitcoin Block Bot, an unknown entity moved 40,913 BTC in the amount of R $ 12.8 billion at the time of the transaction for a fee of approximately 105 reais (33 thousand satoshis).Transaction details. Source: Mempool.Space. The whale transferred 900 bitcoins to a wallet with a history of 60 transactions. A second wallet with a total of just two transactions collected 40,013 BTC. BitInfoCharts revealed that the huge whale behind the transfer created the bitcoin wallet on February 27 and immediately became the 16th richest address in Bitcoin.
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The addresses involved have no known connection to a company that invests or works with cryptocurrencies. In addition, Bitcoin has not been moved to any known exchange-owned address where it could be traded and sold on the open market. Whale watching occurs days after the onchain analyst firm Glassnode said the recent bitcoin price correction has been shaking new owners, while older hodlers “remain strong”. They recorded a massive dump of new wallets immediately after Bitcoin fell from its record of almost $ 65,000. “It is noticed that currencies over a month old represent a very small and decreasing proportion of the total flow of transactions. On the other hand, the number of new coins (<1 week) spent has increased at the end of the week, suggesting that new market participants have been shaken during this correction. ”Analysis firm Santiment also reported on Wednesday that huge whales (addresses with more than 10,000 bitcoins) acquired an additional 90,000 bitcoins since April 5.Exchange addresses were not excluded from the analysis. Source: Twitter.Follow Cointimes also on Telegram.