The Bitcoin market has been tracking the multi-million transactions that have been taking place in the cryptocurrency main network for a long time with bated breath. Now you can see that another whale has moved its means. We are talking about a total of 10 250 BTC worth $ 95 million. Transaction cost? Just 74 cents!
The whale transfers over 10,000 BTC
The transaction was first noticed by one of twitterowiczów.
Whale alert! 🐋 Someone moved 10,250 BTC ($ 95M) in block 637.996 https://t.co/xWaZmb2rJZ
– Bitcoin Block Bot (@BtcBlockBot) July 6, 2020
According to the latest data from the network explorer, the whale split its Bitcoin resources into two separate wallets, sending 10,250 BTC to one of them. The second went to over 6,412 coins.
BitInfoCharts reveals that prior to recent transactions in the main portfolio, this mysterious large investor had 16,662 BTC. This made this portfolio the 43rd largest portfolio of BTC. This wallet also has a long history of sending and receiving large amounts of BTC.
It looks like the whale hasn’t sent money to any cryptocurrency exchange we know of.
The hero of this text is probably an early adopter who kicked or bought BTC in the early days of cryptocurrency. It is also possible that it is actually an entity associated with some cryptocurrency exchange, a trustee service provider or an institution managing digital assets on behalf of its clients.
Cheap transfers within a blockchain
A month ago, according to data from the main cryptocurrency blockchain, an investor from the Bitcoin market (BTC) unknown by name and surname moved under the network over 132,255 BTC, or about $ 1.3 billion, in three transactions with just one minute’s break. The funds were transferred on June 11 under block number 634 133.
Recently, we also wrote about how cheap it can be to transfer large funds under blockchain. An attentive observer of the cryptocurrency market and blockchain movements, Whale Alert, noticed in May a single transaction worth as much as 14,922 BTC, or about $ 143.96 million at the time. The transfer of such a large amount only cost him 0.00003138 BTC, which was about 0.30 USD.
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