RATE Group | Whales On The Move: Somebody Just Transferred $193 Million Worth Of Bitcoins From A Bill…
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Whales On The Move: Somebody Just Transferred $193 Million Worth Of Bitcoins From A Bill…

14 Sep Whales On The Move: Somebody Just Transferred $193 Million Worth Of Bitcoins From A Bill…

Posted at 19:24h in Bitcoin News by

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Players in the Bitcoin market are anxious to dig up anything they can about a Bitcoin whale spotted doing something that could potentially impact the market, especially seeing as the Bitcoin market has been running between bears and bulls of late. Crypto investors spent the better part of the early Thursday trying to understand the motive behind the movement of about 30,000 BTC from a huge wallet that’s also believed to contain a further  168,789 BTC. In fact, there wasn’t just one transaction spotted.

A Whale Preparing For A Dump?

They were two. First, 30,000 BTC (worth $192 million) was moved from a crypto wallet that many have come to believe belongs to Bitfinex. However, this first transaction doesn’t seem to rattle many as the knowledge of Bitfinex as the possible owner has worked well quell concerns. It’s the second huge BTC movement that has people scratching their heads.

The second movement also involved 30,000 BTC worth about $193 million, and the interesting part is…

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