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The Daily Hodl
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One of the Largest Bitcoin Whales in History Moves $913,000,000 in BTC

by Daily Hodl Staff
November 17, 2021
in Bitcoin

One of the largest Bitcoin (BTC) whales in the world is moving more than $913 million worth of BTC this week.

Blockchain.com notes an unknown wallet transferred more than 15,078 Bitcoin for a fee of only 0.00001660 BTC, worth about $0.99 at time of writing, earlier this week.

The sending wallet now holds zero Bitcoin but would currently be the 53rd-richest Bitcoin address in the world were it not for the transfer, according to BitInfoCharts.

A second unknown address received the Bitcoin, transferring most of it less than an hour later to a third unknown wallet.

About an hour and a half after receiving the BTC, the third unknown wallet sent the Bitcoin trove to a fourth unknown address.

An hour and a half after receiving BTC from the third wallet, the fourth unknown wallet transferred the Bitcoin to a fifth unknown address, where it sits today.

That fifth unknown address has assumed the title of 53rd-richest Bitcoin wallet in the world, with holdings worth about $898 million at time of writing, according to BitInfoCharts.

Bitcoin is trading at $59,507.60 at time of writing and is down 3.87% on the day.

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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.

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