The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • 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 Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • 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 Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Enormous Bitcoin Whale Abruptly Unloads Crypto Wallet in $386,000,000 Transaction

by Daily Hodl Staff
November 29, 2020
in Bitcoin

Crypto whale watchers just witnessed the movement of a vast BTC fortune to the tune of hundreds of millions of dollars.

A high-rolling anonymous entity transferred 22,816 BTC worth $386 million for a fee of just $14.83.

The transfer was first sighted by the automated distributed ledger tracking tool known as Bitcoin Block Bot.

Source: Blockchain.com

According to the latest block explorer data, the whale moved the massive BTC trove to three separate wallets. One wallet with a total of 18 transactions received 1,370 BTC. Another wallet with a total of four transactions collected 21,446 BTC.  The third wallet with a total of two transactions received less than one BTC.

BitInfoCharts reveals that the whale created the original wallet on October 28th. It became the 112th wealthiest wallet in existence after receiving a substantial amount of BTC on the same day. It continued to collect more BTC en route to becoming the 31st richest wallet on November 25th.

The whale in question could be a custodian or institution managing crypto assets on behalf of its clients. The big-time crypto entity may also be moving BTC across multiple addresses for security purposes.

More Bitcoin whales are making their presence felt. In the last 48 hours, other large Bitcoin holders moved a total of 13,734 BTC worth $231 million. When adding the enormous BTC transaction mentioned above, whales moved a total of 36,550 BTC worth $617 million in the last two days.

Five of the transactions involved moving huge sums of BTC from crypto exchanges to unknown wallets. Two transactions transferred the BTC from unknown wallets to crypto exchanges and an additional two transactions moved the BTC between crypto exchanges.

Meanwhile, one transaction moved the BTC from a payment service to an unknown wallet and another transaction transferred the BTC from a payments platform to a crypto custodian.

  • 1,001 BTC worth $17.7 million transferred from Coinbase to wallet of unknown origin
  • 1,000 BTC worth $16.9 million transferred from wallet of unknown origin to Coinbase
  • 1,000 BTC worth $17.1 million transferred from Coinbase to wallet of unknown origin
  • 1,225 BTC worth $20.8 million transferred from Bitstamp to Binance 
  • 1,725 BTC worth 29.4 million transferred from CashApp to wallet of unknown origin
  • 991 BTC worth $16.6 million transferred from Bitstamp to wallet of unknown origin
  • 1,225 BTC worth $20.5 million transferred from wallet of unknown origin to Bitstamp
  • 2,455 BTC worth $40.9 million transferred from CashApp to Xapo
  • 1,217 BTC worth $20.2 million transferred from OKEx to Binance
  • 968 BTC worth $16 million transferred from Coinbase to wallet of unknown origin
  • 900 BTC worth $14.9 million transferred from OKEx to wallet of unknown origin
Check Latest News Headlines


 
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.

Featured Image: Shutterstock/Maria T Hoffman

Submit a Press Release

Industry Announcements

  • Binance Launches Free Tax Tool To Provide Tax Details for Crypto Transactions in First Step of Global Launch
    February 6, 2023
  • BlockJoy Secures Nearly $11 Million From Gradient Ventures, Draper Dragon, Active Capital and More To Launch Decentralized Blockchain Operations
    February 2, 2023
  • Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps
    February 1, 2023
  • Sign Up Today for the TRON Grand Hackathon aka HackaTRON Season Four
    February 1, 2023
  • MegaWorld Land Gameplay on BNB Chain Starts February 15, 2023
    February 1, 2023
  • Web 3.0 Hackathon on Astar Sponsored by Toyota Motor Corporation
    February 1, 2023
  • Match-Trader White Label by B2Broker Gives Brokers a Comprehensive Online Trading Platform With B2Core Integration
    February 1, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$22,884.13
$22,884.13
0.75%
Ethereum
$1,627.41
$1,627.41
0.67%
Cardano
$0.384436
$0.384436
3.63%
XRP
$0.393927
$0.393927
2.45%
Dogecoin
$0.090217
$0.090217
2.96%

Spotlight

  • Veteran Trader Tone Vays Issues Bitcoin Alert, Says BTC To Hit ‘Triple-Headed’ Resistance Monster
    January 31, 2023
  • Top Crypto Analyst Issues Warning on Altcoins As Bitcoin (BTC) Edges Higher – Here’s His Outlook
    February 3, 2023
  • Can Aptos (APT) Dethrone Solana (SOL)? Coin Bureau Looks At Battle of Ethereum Challengers
    February 6, 2023
  • Analyst Known for Calling Bitcoin and Crypto Bottoms Issues Alert to Altcoin Traders
    January 30, 2023
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.
Featured Image: Shutterstock/Billion Photos

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 •
Futuremash •
Industry Announcements

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

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • 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 Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl