Whale Alert has reported that, in the past four hours, a mammoth-sized amount of 23,000 BTC was shifted between the OKEx crypto exchange and wallets with anonymous owners.
Meanwhile, Bitcoin looks on the verge of crossing the $11,000 mark.
Crypto whales wire 23,000 BTC to and from OKEx
The major crypto transaction bot Whale Alert has detected several massive BTC transactions passed between OKEx and unknown digital wallets.
There were around five Bitcoin transfers, most of them bearing 5,000 BTC ($54,308,041) and some worth 3,000 BTC ($32,701,113).
Now that Bitcoin has been rising since Monday, whales have been moving large amounts of the flagship cryptocurrency between their unregistered wallets and major crypto exchanges.
Earlier today, large amounts of Bitcoin were circulating between anonymous wallets and the Binance trading heavyweight.
Bitcoin is testing $11,000
As a reminder, on Sept. 2, Bitcoin plunged from its high of $12,300 and traded in a range between the $11,200 and $11,700 zones until it reached the $11,900 level again, according to data from CoinMarketCap.
However, after that, BTC resumed its decline and dropped to the $10,000 level, falling several times slightly below it.
On Sept. 14, BTC surged from the $10,400 zone to touch $10,800 and is now trading at $10,930, testing the $11,000 resistance line.