49,506 BTC Moved by Coinbase and Whales, While Bitcoin Hits $45,000 and Rolls Back
Whale Alert service that tracks transfers of large amounts of crypto has spotted six massive Bitcoin transactions that took place in small intervals between one another and carried a total of close to $1.8 billion.
This jaw-dropping amount of Bitcoin was moved by crypto whales and the largest US-based crypto exchange Coinbase.
Whales and Coinbase get 49,506 BTC moving as BTC rallies to $45,000
According to the data provided by Whale Alert, anonymous crypto wallet owners and the popular US-located Coinbase exchange that went public in April via a direct listing on the Nasdaq made six Bitcoin transactions.
Four largest of them carried 10,100 BTC on average and two, conducted by Coinbase to unknown wallets, carried approximately 6,000 BTC each.
That was 49,506 Bitcoin in total – an equivalent of a staggering $1,759,058,112 in fiat USD currency.
As reported by U.Today on Saturday, large anonymous cryptocurrency holders also shifted a whopping 111,200 Bitcoin between their BTC addresses.
Bitcoin hits the 30-day peak over the weekend
Prior to that, on the same day, the flagship cryptocurrency rallied as high as to almost hit the $44,000 level on Saturday. The following day, Bitcoin managed to revisit the $45,000 price mark. However, it was unable to fix above it and retraced to the current $43,800 zone.
On Saturday, the king crypto managed to rise to a 30-day high as it went up to the $43,900 zone.Source