Mammoth $2.51 Billion in Bitcoin in Past 20 Hours – What’s Going On?
The post Mammoth $2.51 Billion in Bitcoin in Past 20 Hours – What’s Going On? appeared on BitcoinEthereumNews.com.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Analytics account @spotonchain has drawn the crypto community’s attention to two mammoth-sized Bitcoin transfers that have taken place over the last 24 hours, right after the world’s flagship cryptocurrency BTC soared to a new historic peak above $107,000. Overall, more than two and a half billion US dollars have been transferred. The report revealed big players standing behind those transactions. One of them is the non-functional crypto exchange Mt. Gox. Mt. Gox and Marathon Digital shovel 23,664 Bitcoins Spotonchain revealed that two entities have initiated large-sized transactions of Bitcoin, which carried 23,664 BTC in total. That amount of Bitcoin is valued roughly at $2.51 billion in fiat. The first entity that participated in this was the infamous one of the first crypto exchanges – Mt.Gox. According to the shared data, this platform transferred 1,620 BTC worth $172.5 million over the last six hours. That included one 1,320 BTC transaction to its internal address and 300 BTC to B2C2 Group. Two institutions moved 23,664 $BTC ($2.51B) after #Bitcoin recorded a new ATH, nearing $108K today! 1/ Mt. Gox transferred 1,620 $BTC ($172.5M) in the past 6 hours. – This includes 1,320 $BTC to an internal wallet and 300 $BTC to B2C2 Group.– Since Nov 1, Mt. Gox has moved… pic.twitter.com/dsZixK99pn — Spot On Chain (@spotonchain) December 17, 2024…
Filed under: News - @ December 17, 2024 11:28 am