Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Bitcoin (BTC) Whale Fires Off Massive $184,000,000 Transaction, Spreads Crypto Fortune Across Hundreds of Wallets

by Daily Hodl Staff
July 9, 2020
in Bitcoin
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
ADVERTISEMENT

A Bitcoin whale just moved nearly 19,631 BTC worth about $184 million to an unknown wallet.

The fee for the transaction? About 0.00421580 BTC, worth about $40 at time of writing. Whale Alert was the first to spot the movement.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 19,631 #BTC (184,419,465 USD) transferred from unknown wallet to unknown wallet

Tx: https://t.co/RVzOrnI0yl

— Whale Alert (@whale_alert) July 8, 2020

The whale initially moved the massive Bitcoin trove to a single wallet with no previous transaction history. About 37 minutes later, that wallet sent off the entire BTC haul to a long list of separate wallets, initially in chunks of about 195.045 BTC (approximately $1.83 million).

Of those recipients, all but one appears to have shifted the entirety of their Bitcoin into a flurry of smaller transactions with other wallets, resulting in hundreds of transactions across the board.

The initial sending address, which no longer holds any Bitcoin, has transactions dating back to November of 2018, according to blockchain.com. Had the wallet not moved the Bitcoin, it would currently rank as the 38th largest address, with more than 0.1% of the total coins in circulation, according to BitInfoCharts.

It is not clear if the BTC was sent to any known crypto exchange, where it could be sold on the open market.

The unknown Bitcoin whale who fired off the initial transaction could be trading BTC over-the-counter or moving their trove across multiple wallets for security and management purposes.

A cryptocurrency exchange, custody provider or institutional digital asset manager could also be responsible for the transfer.

ADVERTISEMENT


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • First Charity Project Using NFT: All Profits From Sales of Content Produced by Miss Bitcoin To Be Donated
    April 15, 2021
  • MakiSwap Raises $1.4M From Leading Investors to Build AMM Platform on Huobi Eco Chain
    April 14, 2021
  • DigitalBits To Become Premier Choice for NFTs After Litemint Partnership
    April 13, 2021
  • Ethernity Chain Launches Authenticated NFT Marketplace to Curtail Fraud
    April 13, 2021
  • ConsenSys-Backed Virtue Poker Raises $5 Million Strategic Round
    April 12, 2021
  • Cometh Partners With Alchemix for “Wizards” Collection of Yield-Generating NFTs
    April 9, 2021
  • eToro Appoints Dr. Hedva Ber, Israel’s Former Banking Supervisor, As Deputy CEO and Global COO
    April 8, 2021
Submit a Guest Post
ADVERTISEMENT
ADVERTISEMENT
Bitcoin
$56,107.00
$56,107.00
9.96%
Ethereum
$2,201.19
$2,201.19
10.92%
Binance Coin
$476.63
$476.63
11.29%
XRP
$1.36
$1.36
20.36%
Polkadot
$36.12
$36.12
15.93%
Cardano
$1.24
$1.24
13.59%

Spotlight

  • Cardano Has One Big Edge Over Other Cryptos, Says Coin Bureau
    April 12, 2021
  • IMF Increasing Focus on Digital Currency Revolution and Cross-Border Remittances
    April 16, 2021
  • Music Mogul Akon Working With Two African Nations To Build Crypto-Powered Cities
    April 13, 2021
  • Top Trader Says Crypto Asset That Surged 2,550% in Two Months Has No Limits
    April 17, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX

© 2020 The Daily Hodl

×