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14,000 BTC Moved from Huobi to Anonymous Wallet Just Now

News
Thu, 03/19/2020 - 13:14
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Yuri Molchan
Whale Alert has detected several consecutive Bitcoin transactions from the Huobi exchange to an anonymous wallet, 1,000 BTC each
14,000 BTC Moved from Huobi to Anonymous Wallet Just Now
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Over the past two hours, the Whale Alert bot has spotted a number of Bitcoin transfers, one after another, made from Huobi to an anonymous wallet. Fourteen transactions, bearing 1,000 BTC each. That’s $78,120,000.

In each transaction the recipient wallet was the same - 3D8qAoMkZ8F1b42btt2Mn5TyN7sWfa434A.

card

The owner is unregistered. Blockchain.com shows that its current balance totals 20,000 BTC - $117,620,000.

BTC wallet

Whale Alert shows that on March 11, 5,000 BTC was transferred to the same anonymous address. This totals $39,414,612.

BTC 2

The Bitcoin price is pumping and has reached $5,757 in the past hour. In the comments on one of the aforementioned transactions, a Twitter user suggested that it is someone withdrawing their Bitcoin for long-term hodling.

Members of the crypto community are happy about Bitcoin moving up and are sharing their sentiments on Twitter.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.