Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

Bitcoin Records Multiple Whale Transaction in the Past 24 Hours

Published 14/07/2023, 11:28
© Reuters Bitcoin Records Multiple Whale Transaction in the Past 24 Hours
XRP/USD
-
COIN
-

  • Whale Alert posted multiple BTC transfers in the past 24 hours.
  • The transactions involve BTC transfers between centralized exchanges and unknown wallets.
  • Some crypto users suspect the BTC transfers are linked to XRP purchases.

Whale Alert, a Twitter user specializing in reporting large and significant transactions, has posted multiple BTC transfers in the past 24 hours. The transactions posted involve BTC movements from centralized exchanges to unknown wallets and vice versa. The nature of the posted transactions is generating significant interest among crypto users amid a volatile market.

Among the transactions posted by Whale Alert were one transfer of 805 BTC worth $25.2 million from the Gemini exchange to an unknown wallet and another transfer of 1,886 BTC worth $59.2 million from an unknown wallet to the Coinbase (NASDAQ:COIN) exchange.

In another case, Whale Alert reported the transfer of 1,868 BTC worth $58.7 million from an unknown wallet to Coinbase and a transfer of 2,380 BTC worth $74.9 million from Coinbase to…

The post Bitcoin Records Multiple Whale Transaction in the Past 24 Hours appeared first on Coin Edition.

The post Bitcoin Records Multiple Whale Transaction in the Past 24 Hours appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.