On December 26th, COINOTAG reported a significant transfer in the Bitcoin network, where an address ranked 30th on the Bitcoin rich list (beginning with 3DR2iG) executed a transaction of 11,999 BTC, valued at approximately $1.19 billion. The transfer occurred at 12:08 (UTC+8) and underscores the ongoing activity within the cryptocurrency market. Currently, this sending address retains a balance of 15,357 BTC, which equates to around $1.506 billion. Such large transfers highlight the potential liquidity and movement of digital assets amidst market fluctuations, drawing the attention of traders and analysts alike.
Source: https://en.coinotag.com/breakingnews/bitcoin-address-transfers-1-19-billion-as-mempool-data-reveals-major-transaction/