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Bitcoin Whale Alert Reports: $214 Mln in BTC Moved Between Unknown Wallets

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Thu, 2/05/2019 - 9:28
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Bitcoin Whale Alert Reports: $214 Mln in BTC Moved Between Unknown Wallets
Cover image via U.Today
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On May 1, Whale Alert reported on his Twitter account that 40 thousand Bitcoins, which is over $213 mln, were moved between two unknown wallets.

The first address occupies position #22 on the Bitcoin richest wallets list.

Article image
https://whale-alert.io

The BTC held since early 2018

Data shows that the sender had been storing the 40,000 BTC since early 2018 – the period right after Bitcoin price reached its ATH and then started rolling downhill.

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On May 1, the sender went down from position #21 of the richest BTC wallets to #22. Presently, the address contains zero Bitcoin after sending the 40,000 BTC to the above-mentioned address.

As the list gets updated later on, the receiving wallet will hold position #22.

Article image
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
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Related

Whale Alert reports 1 bln XRP release from escrow

On Wednesday, the same Twitter user that goes by the name Whale Alert reported a release of 1 bln XRP from the Ripple escrow wallet.

Ripple takes XRP off its escrow on a regular basis. As per the recent Ripple Q1 2019 report, the earlier released coins have been used for funding various crypto projects based on Ripple’s technology and for contributing to its promotion.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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