Whale Cycles $361M of Bitcoin Through Many Different Wallets

[sirty143]

Whale Alert (@whale_alert) has reported another massive BTC transfer. Turns out 49,342 BTC was recently moved for a fee of just $0.50. While such low fees are rightly hailed as one of the perks of the Bitcoin ecosystem, the transaction itself is raising some eyebrows given that identical amounts have been circulating around various wallets recently.

It looks like somebody is shuffling huge stashes of Bitcoin around multiple wallets. Although, nobody really knows for what reason. See more for yourself here...