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Crypto Whales Transfer $96.3 Mln In Bitcoin While BTC Transaction Size Is 30.8% Up

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Sat, 08/29/2020 - 08:07
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Yuri Molchan
Bitcoin whales have wired almost $100 mln worth of Bitcoin between OKEx and anonymous wallets, while Glassnode noted new highs in BTC fundamentas in the last 24 hours
Crypto Whales Transfer $96.3 Mln In Bitcoin While BTC Transaction Size Is 30.8% Up
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Whale Alert has noticed and brought to the public eye two major transactions that took place over the past twenty-four hours, carrying approximately $96,300,000 worth of Bitcoin.

In the meantime, Glassnode analytics supplier announced that certain on-chain fundamentals regarding Bitcoin transactions have seen a major increase in the past 24 hours too.

Almost $100 mln iin Bitcoin sent

Crypto whales have made two transactions, carrying 3,002 BTC and 5,400 BTC – that’s $34,662,069 and $61,730,845.

The first transfer was made from an account on the OKEx exchange to an anonymous wallet, the second one and the larger one was sent from an address with an unregistered owner to OKEx about two hours after that.

The anonymous addresses involved in the transactions belong to two different whales.

The fees for the transactions, however, were quite different. If 3,002 BTC was moved for merely $9.13 (0.00078952 BTC), the bigger transaction was made for 282.91 (0.02447111 BTC).

BTC
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BTC transaction fundamentals see a major rise

Glassnode analytics provider has reported that over the past twenty-four hours two metrics to do with Bitcoin transactions have seen a major rise.

The number of Bitcoin transfers has surged 29.4 percent to reach a high of 15,367.458.

The second high that has been reached over the same period is to do with BTC mean transaction size. It is now 30.8 percent up and totals 659.812 compared to 504.561 prior to that.

BTC
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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.