A crypto whale is suddenly moving more than $101 million in Bitcoin (BTC) as the leading digital asset’s price sees a small increase.
According to blockchain tracker and whale-surveying platform Whale Alert, an unknown wallet sent 6,000 BTC to another unknown wallet when the top crypto asset by market cap was trading at just below the $17,000 level for a total value of $101.8 million.
The transaction was made using multiple addresses to the unknown wallet where the 6,000 BTC remains at time of writing, according to data from crypto exchange platform Blockchain.com.
Bitcoin had rallied past $17,000 earlier this week after chopping around in the low-$16,000 range. At time of writing, the king crypto is changing hands at $16,921, up nearly 2% during the last 24 hours.
Other notable Bitcoin transactions on Whale Alert’s radar include transfers to and from prominent crypto exchange platforms:
- 1,471 BTC worth more than $25.2 million sent from an unknown wallet to Gemini
- 9,999 BTC worth more than $171.3 million sent from Coinbase to an unknown wallet
- 10,050 BTC worth more than $171.6 million sent from an unknown wallet to Coinbase
- 1,170 BTC worth more than $20.1 million sent from Coinbase to an unknown wallet
- 2,684 BTC worth more than $46.1 million sent from an unknown wallet to Coinbase
- 2,439 BTC worth more than $41.2 million sent from an unknown wallet to Gemini
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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.
Featured Image: Shutterstock/Victoriya1994