Bitcoin: more million-dollar transactions coming in
Bitcoin: more million-dollar transactions coming in
Bitcoin

Bitcoin: more million-dollar transactions coming in

By Alfredo de Candia - 26 Apr 2019

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In the last hours, there has been a significant price fluctuation in the value of Bitcoin (BTC) which was most likely caused by some million-dollar transactions made by “whales” who moved a total of 76.519 Bitcoins (BTC).

The largest transaction that has been made is 19,000 BTC, as reported by Whale Alert.

The total of these moved bitcoins (about $415 million, or 19,000 BTC, at a fee cost of 0.01041248 BTC, or about 56 dollars) were made for the most part between two wallets and only one of these transactions, corresponding to 2.520 BTC for a value of about $13 million, was made towards an exchange.

Such movements, especially those made between wallets, can be interpreted as a security measure and are often carried out with OTC (Over-the-Counter) operations in order not to manipulate the market.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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