news.u.today
According to data provided by Whale Alerts, a mammoth-sized transaction worth of 94,504 BTC ($1.018 bln at press time) has been recorded on the Bitcoin Blockchain. This is certainly one of the biggest transfers in the history of crypto.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 94,504 #BTC (1,018,147,922 USD) transferred from unknown wallet to unknown wallet
— Whale Alert (@whale_alert) September 6, 2019
Tx: https://t.co/VWb8slswa8
Bitcoin critics often trash the top coin because of its expensive transactions. However, the anonymous user had to fork out only $700 in fees to send his $1 bln cryptocurrency fortune.
Crypto analyst Alex Krüger points out that Bitcoin whales have woken up from hibernation, which might mean a significant move in either direction.
Bitcoin from the largest non-exchange address on the move (or so it seems).
— Alex Krüger (@krugermacro) September 6, 2019
Now, whoever you are, please be a good friend and go 2x with this. pic.twitter.com/70akH5OKzu
Some Twitter users suggested that this transfer might be linked to Bakkt. As reported by U.Today, the ICE-backed exchange is expected to roll out its custody service dubbed “Bakkt Warehouse” on Sept. 6 prior to launching physically-settled Bitcoin futures at the end of the month.
Deposit for BAKKT wallet
— Mr G (@MusaShamaev) September 6, 2019