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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Fawpac2 on September 05, 2022, 08:50:26 AM

Title: 5000 BTC Moved to Kraken Exchange, Bitcoin Losing Momentum
Post by: Fawpac2 on September 05, 2022, 08:50:26 AM
The world’s largest cryptocurrency Bitcoin (BTC) has been trading for under $20,000 for a while now. As of press time, BTC is trading at $19,887 with a market cap of $380 billion. As per the latest development, a Bitcoin whale address has become active for the first time in nine years and moved 5,000 Bitcoins worth $100 million to crypto exchange Kraken. Citing data from OKLink, a popular crypto reporter Colin Wu stated:The Bitcoin whale address (18xGHNrU26w6HSCEL8DD5o1whfiDaYgp6i ) transferred out 5000.01 BTC at 04:50:38 (UTC+8) on September 5th to the Kraken, which is worth about $100m now. The wallet was created and bitcoins were transferred to this address in 2013.source (https://cryptonews.net/11861643/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)