Almost $392 Mln in Bitcoin (BTC) Moved Between Unknown Wallets, Coinbase Involved

📰 News
Tue, 02/11/2020 - 15:46
Put your
crypto to
work
  • 1.30

    Interest per week

  • 67.5

    Interest per year

  • 3.60

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • {{ content.field_content_author|field_value|getauthorname|raw }}

    Nearly $392 mln in Bitcoin has been transferred between unregistered BTC wallets with the Coinbase exchange involved in one of the transactions, Whale Alert reports

Almost $392 Mln in Bitcoin (BTC) Moved Between Unknown Wallets, Coinbase Involved

The Twitter bot Whale Alert kindly informs the community that three gargantuan Bitcoin transfers have been detected just recently. Together they total $391,671,618 (that’s 39,554 BTC).

The transactions were made between Bitcoin wallets with anonymous owners. However, the sender in one of them is the cryptocurrency exchange Coinbase, headquartered in San-Francisco, California.

Whale Alert BTC

Almost 40,000 BTC on the move

The three transactions spotted by Whale Alert provoked all types of speculations – from Bitfinex maintenance announced earlier today to the funds moved by the PlusToken cryptocurrency scam.

Bitcoin whales were also mentioned.

Must Read
Bitcoin (BTC) Maximalist Calls XRP Useless, Ripple Responds: Details - READ MORE

Huge Bitcoin stashes moving around

Massive Bitcoin transactions started appearing more often on the Whale Alert page after Bitcoin started approaching the $10,000 level.

By the time of writing this, the flagship currency has hit $10,000 and is trading slightly above this price mark.

As reported by U.Today previously, almost one billion US in BTC was transferred between Bitcoin wallets with unregistered owners on February 1.

{{ content.field_content_author|field_value|getauthorname|raw }}

About the author

Yuri is a 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. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

Recommended articles
Binance CEO Mocks Crypto Twitter Panic: 'With Healthy Retrace, Everyone Is Scammer'

Binance CEO Mocks Crypto Twitter Panic: 'With Healthy Retrace, Everyone Is Scammer'

BEWARE: Fake XRP Airdrop Organized by YouTube Scammers

BEWARE: Fake XRP Airdrop Organized by YouTube Scammers

Binance CEO Reveals Whether Bitcoin (BTC) Price Can Be Manipulated by Exchanges

Binance CEO Reveals Whether Bitcoin (BTC) Price Can Be Manipulated by Exchanges