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

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Thu, 05/02/2019 - 09:28
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Yuri Molchan
Twitter user Whale Alert reports another massive BTC transaction made by anonymous crypto holders
Bitcoin Whale Alert Reports: $214 Mln in BTC Moved Between Unknown Wallets
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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.

https://whale-alert.io
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.

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.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
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Bitcoin Price Surges Above $5,400 While Broader Crypto Market Remains in Doldrums

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.

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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.