Two Bitcoin whales are moving a total of $84 million in crypto as the price of Bitcoin once again surges to around $8,000.
The largest whale on record in the last 24 hours moved 5,500 BTC worth $44.1 million from one wallet to another.
? ? ? ? 5,500 #BTC (44,199,004 USD) transferred from unknown wallet to unknown wallet
— Whale Alert (@whale_alert) May 19, 2019
A separate whale moved 5,000 BTC worth $40 million in two separate transactions. One of those transactions sent 2,000 BTC to the crypto exchange Bitfinex, which indicates the trader could be looking to sell a portion of their assets amid the market rally.
Right now, Bitcoin is up 9.02% at $7,946, according to Coin360. Ethereum is up 6.94% at $249.95 and XRP is up 9.86% at $0.4089.
Technical analysts are looking at where altcoins are headed and Bitcoin’s potential to push past $8K.
Bitcoinist – BTC rise to $8.5K now in sight to end bear market
FXStreet – Ethereum battling resistance at $255
XRP, Stellar, Litecoin, Bitcoin Cash, Tron