Prominent blockchain platform Whale Alert, which tracks down large cryptocurrency transactions, has spotted a massive crypto transfer carrying more than one hundred million dollars’ worth of Bitcoin.
This transaction took place between anonymous wallets, and it carried 1,500 BTC, which is the equivalent of $126,947,543.
The community eagerly responded to this X post, intrigued by the anonymous nature of this massive Bitcoin transfer. X users wrote: “another huge one” and “Another huge transaction.” Another user pointed out that cryptocurrency whales have become more active recently: “Whale moves happening, stay alert.”
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Large whales accumulating BTC aggressively: Glassnode
Popular on-chain data company Glassnode has shared curious data about Bitcoin whales and the accumulation of BTC they have been doing recently. According to the tweet, large whales (those who hold a minimum of 10,000 BTC or more in their wallets) continue buying Bitcoin in large amounts. Glassnode referred to this as the continuation of “a strong accumulation trend.” These top cryptocurrency investors are leading the market at the moment, per this report.
Smaller whale cohorts, with holdings between 1 BTC and 100 BTC, are slowing down selling and are cutting down on their Bitcoin redistribution in general. The investor group with 10-100 Bitcoins is considering “a potential pivot toward accumulation,” which suggests that the sentiment of mid-sized Bitcoin holders is about to change.
Source: https://u.today/mysterious-126947543-bitcoin-transfer-blows-minds-as-top-whales-ignite-market