Record $2.3 billion in Bitcoin moved in 24 hours, half purchased on Coinbase

Record $2.3 billion in Bitcoin moved in 24 hours, half purchased on Coinbase

According to a respectful cryptocurrency tracker, Whale Alert, in the last 24 hours, a staggering amount of Bitcoin has been transferred through wallets labeled as unknown. The total amount of BTC that has changed hands exceeds $2.3 billion in fiat money.

According to a respectful cryptocurrency tracker, Whale Alert, in the last 24 hours, a staggering amount of Bitcoin has been transferred through wallets labeled as unknown. The total amount of BTC that has changed hands exceeds $2.3 billion in fiat money.

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It was made in five massive transactions, the smallest of which moved 4,799 BTC. One transferred 7,452 BTC and the other three moved more than 8,100 Bitcoin each. The largest of them contained 8,734 BTC worth $560,821,374.

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Of these five huge transfers, around $1 billion worth of Bitcoin was withdrawn from the Coinbase cryptocurrency exchange: 8,172 BTC and 8,136 BTC.

Earlier today, prominent cryptocurrency trader and analyst Ali Martinez also shared that over the past day, anonymous blockchain addresses accumulated over 25,000 BTC worth approximately $1.6 billion. The analyst noted that this was the largest influx of Bitcoin into accumulation wallets in 2024 so far.

On Friday, Bitcoin plummeted 5.29%, going from $66,490 to $62,975. In the last 24 hours, the world’s flagship cryptocurrency has managed to register a small recovery. recovering the $64,560 price tag.

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