u.today
According to a respectful cryptocurrency tracker Whale Alert, over the past 24 hours, an astonishing amount of Bitcoin has been transferred by wallets tagged as unknown. The overall amount of $BTC that has changed hands surpasses $2.3 billion in fiat.
It was carried in five massive transactions, the smallest of which moved 4,799 $BTC. One transferred 7,452 $BTC and the other three moved over 8,100 Bitcoin each. The biggest one of them contained 8,734 $BTC worth $560,821,374.
From these five enormous transfers, about 1 billion USD worth of Bitcoin was withdrawn from the Coinbase cryptocurrency exchange — 8,172 $BTC and 8,136 $BTC.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 8,734 #$BTC (560,821,374 USD) transferred from unknown wallet to unknown wallethttps://t.co/9DaCMrry9B
— Whale Alert (@whale_alert) March 23, 2024
Earlier today, prominent cryptocurrency trader and analyst Ali Martinez also shared that within the past day, more than 25,000 $BTC worth roughly $1.6 billion were accumulated by anonymous blockchain addresses. The analyst noted that this was the biggest Bitcoin inflow into accumulation wallets in 2024 so far.
Yesterday, over 25,000 #Bitcoin, valued at approximately $1.60 billion, were transferred to accumulation addresses, marking the highest inflow to these $BTC wallets so far this year! pic.twitter.com/mAIHkG9ROC
— Ali (@ali_charts) March 23, 2024
On Friday, Bitcoin plunged by 5.29%, dropping from $66,490 to landing at $62,975. Over the last 24 hours, the world’s flagship cryptocurrency has managed to stage a small recovery, regaining the $64,560 price tag.