Some of the biggest Bitcoin whales in existence are moving around hundreds of millions of dollars worth of BTC as crypto markets rally to start the week.
Spotted by blockchain tracking service Whale Alert, an unidentified whale sent 11,125 BTC valued at $267,956,866 to Binance, the largest crypto exchange in the world.
The transaction, which cost just 0.00005888 BTC, about $1.14, appeared to have come from a newly created wallet.
Minutes later, several other whale troves were spotted heading to Binance.
A total of $411 million worth of Bitcoin was sent to Binance within about a 20 minute window:
4,999 BTC (120,651,828 USD) transferred from unknown wallet to Binance 999 BTC (24,130,365 USD) transferred from unknown wallet to Binance
The following transactions were
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!