Bitcoin Whale Abruptly Moves Over $1,518,000,000 in BTC – Here’s Where the Crypto’s Going - The Daily Hodl

Bitcoin Whale Abruptly Moves Over $1,518,000,000 in BTC – Here’s Where the Crypto’s Going – The Daily Hodl

Source Node: 2464953

Deep-pocketed Bitcoin (BTC) traders are suddenly moving billions of dollars worth of the flagship digital asset to and from crypto exchanges and unknown wallets.

New data from whale-surveying platform Whale Alert reveals that one BTC whale abruptly moved 35,049 BTC worth $1,518,020,170 from an unknown wallet to another on January 31st, the biggest transaction involving the crypto king on the day.

Other notable transactions on Whale Alert’s radar involving the top crypto asset by market cap on that same day include:

The total amount of Bitcoin moved by high-net-worth investors yesterday comes out to about $4.5 billion.

Bitcoin is trading for $42,647 at time of writing, a 2% decrease during the last 24 hours and a 12% decrease from its 30-day high of $48,494 set on January 11th.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines
&nbsp

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.

Generated Image: Midjourney

Time Stamp:

More from The Daily Hodl