Bitcoin whales are moving billions of dollars worth of BTC as the flagship cryptocurrency recovers from its plunge down to $51,000.
In the past 24 hours, crypto whales have circulated over $2 billion worth of BTC. Two crypto whales each moved 3,000 BTC worth a total of $320.6 million in two separate transactions. Bitcoin analytics tool Whale Alert first picked up on the transactions yesterday.
The first whale sent the 3,000 BTC worth $160.3 million to an unknown wallet that now holds 10,000 BTC, according to blockchain search engine Blockchair.
The second whale moved 3,000 BTC worth $160.3 million to a single wallet, according to Blockchair. The receiving wallet, which has been active for three years, sent away almost all 3,000 BTC in a flurry of transactions.
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