On Saturday, the Whale Alert Twitter account drew public attention to two transactions which together make up 99,704 BTC – that’s almost one billion USD.
As per the tweets, they were performed between Bitcoin wallets with anonymous owners. However, a link with detailed information in one of those posts says that the receiver of half of that eye-popping amount was the Bittrex crypto exchange.
In the comments thread, the crypto community is discussing a chance the transactions were made by a crypto whale who is preparing to dump part of this Bitcoin on the market via Bittrex.
Some crypto traders are expecting that the Bitcoin price is likely to surpass the $10,000 level soon and continue on its journey towards regaining the $20,000-ish all-time high achieved in December 2017.
Vladislav Sopov