Sat. Dec 4th, 2021
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A huge bitcoin transaction has reappeared in a whale account. Large transactions of more than 15,078 bitcoin tokens have been detected between the two anonymous wallets. The amount of bitcoin transferred from Whale account to another account is $ 993,191,088 (approximately Rs. 7,395 crore). Whale wallets, which contain a large portion of crypto tokens, are able to influence market activity with one hand. Concerns have been raised about the recent fall in the price of Bitcoin. “The transaction was first made on November 15, 2021. Bitcoin Was broadcast on the network. At the time of this transaction, 15,078.20768150 BTC (Bitcoin Tokens) worth $ 991,820,563.67 (approximately Rs. 7,385 crore) were sent. The current value of the transaction is now 912,564,189.99 (approximately Rs. 6,794 crore), “said Blockchain.com.

Since the holdings were not sent to the exchange platform, it appears that the whale wallet holder does not yet intend to sell the property. In a report, Benjinga said it could be just a security measure from Whale Wallet. The report further states that the selling pressure to reduce the price of Bitcoin by two per cent on any exchange ranges from about $ 15 million (approximately Rs. 111 crore) to $ 30 million (approximately Rs. 223 crore).

There is no word yet on the owners of these wallets. Glassnode According to a report, there are 52 lakh 2 thousand 952 bitcoin wallets with funds over $ 100,000 (approximately Rs. 75 lakhs) and which can affect the market momentum. In early May this year, 19,000 bitcoin tokens were transferred between two unidentified wallets, according to a report. At the time, the transaction was worth Rs 1.1 billion (about Rs 8,235 crore).

Bitcoin is not only the world’s oldest cryptocurrency, but also the largest by market valuation. Gadgets 360 Crypto price tracker So far, the cryptocurrency is trading at $ 68.096 per token (approximately Rs. 50 lakhs). The total number of Bitcoin tokens in supply currently exceeds 18.8 million, which is 90 percent of the 21 million tokens already scheduled to be created by the anonymous Bitcoin maker, Satoshi Nakamoto.

In its latest report, research firm Glasnod revealed that only 12.9 percent of the total supply of Bitcoin has been circulating on various crypto-exchanges since August this year, indicating that the holder from their assets on the exchange platform. Trying to get rid of. Catch them instead.

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