Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Anonymous anonymity is when something is not known or named. BTC whale a term used to describe investors who have uncommonly large amounts of crypto, especially those with enough funds to manipulate the market. transfers 46,000 bitcoins. This is the largest whale without an exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. behind it.
- Anonymous BTC whale transfers 46 000 BTC
- This is the largest wallet a place where cryptocurrency users can store, send and receive digital assets. without exchange
- It does just that when Bitcoin has the best price in the last month.
Whales – both marine mammals and crypto – always attract public attention: the former because of their large size and spectacularity, the latter because they can lead to trends in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market. For example, if a crypto whale wakes up, you’d better be on your guard .
It’s the case of a big whale that moved hours ago. One of the largest non-exchange transactions worth 46,000 BTC, more than USD $1 billion at current prices, appeared on the blockchain. Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. The move sparked a slight controversy among investors and cryptocurrency traders, as the final destination of the funds remains unclear, according to media reports.
En BitInfoCharts you can see the huge transactions:
As reported by UToday, the address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. was the seventh largest address in the entire space of Blockchain, but lost its position after redistributing 46,000 BTC in several transactions in two days: July 18 and 19.
The transaction was first initiated on July 18 in a series of sales that initially offloaded 15,500 BTC. The first transaction saw the sale of 500 BTC, then 2,500 BTC in the second and third, and 5,000 BTC in the fourth and fifth transactions. On July 19, the whale accelerated the offloading of Bitcoin with two transactions of 10,000 BTC and 16,000 BTC. After the transactions, the whale has a balance of 71,381.89 BTC.
According to reports, the massive sale was the largest redeployment of funds in the management’s history, as it has been accumulating Bitcoin consistently since April 2019 without selling such a large percentage of the portfolio.
Prior to these moves, the largest distribution took place in January 2021, when the management dropped more than 7,000 BTC during the growth of the market. Later, the whale recovered funds that it injected into the market.
As of now, the whale’s management has the same amount of BTC it had in January 2021. With the moves it went from having 132,382,543 on July 18 to almost half: 71,381.89 BTC now.
The main reason behind such a sudden liquidation liquidation refers to the conversion of an asset or cryptocurrency for fiat or its equivalents. is not clear by any of the media, let alone now that Bitcoin seems to be recovering, with a 7.58% rise in the last 24 hours and a price of USD $23.823, the highest in the last month, as can be seen in the charts at CryptoMarkets.
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