$627.5 million in Bitcoin have been moved from Coinbase to anonymous cold wallets. $BTC whale_alert
This happened when Bitcoin took a dip below the $27,000 level for a short while.Whale Alert reported that these were two consecutive transfers, carrying 11,533 BTC and 11,347 BTC. These are the equivalents of $316,300,407 and $311,198,260.Still, despite the price decline, Whale Alert registered incoming crypto transactions on Coinbase, too. Two anonymous wallets sent equal amounts of Bitcoin to this top exchange before the aforementioned transactions, possibly before the price went down.
It was not only Bitcoin that was sold on Coinbase. Two anonymous wallets transferred 19,635 ETH each to the above-mentioned crypto platform.Bitcoin reacted with a 1.9% fall on May 15 following the news of the prominent BlockFi crypto lending platform planning to liquidate its business. The company has been attempting to sell its crypto platform and nearly 700,000 customer accounts since January, citing regulatory challenges as the main reason for this decision.
BlockFi is yet another crypto platform that has gone down since the beginning of last year. The year 2022 saw the collapse of Terraform Labs, its Luna token and UST stablecoin; it was followed by the collapse of Three Arrows Capital in the summer. In November, Alameda Research and FTX exchange, which owned it, went down. The list continues with Genesis and Digital Currency Group.
Bitcoin fell from the $27,545 level to the $26,890 zone, losing 1.98%. By now, the flagship cryptocurrency has recovered its losses partly and is changing hands at $27,191 on
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Pepe (PEPE) Surpasses Bitcoin (BTC), Shiba Inu (SHIB) in Social EngagementPepe (PEPE) leads in social engagement, Bitcoin (BTC), Shiba Inu (SHIB) behind $PEPE $BTC $SHIB
Leer más »
Bitcoin addresses holding 1 BTC or more reach one million: GlassnodeThe number of Bitcoin wallet addresses holding one whole BTC or more, has reached the one million mark for the first time, with roughly 200,000 of the newest wholesalers joining the ranks in 2022.
Leer más »
Bitcoin (BTC) to Retest $28,000 Price Level, Shows Skew's Analysis$BTC is going through a tough period on the market, but Skew's analysis suggests that the first cryptocurrency is on the verge of a recovery
Leer más »
Bitcoin (BTC) Bullish Rebound Likely, Analyst Shares ReasonsCrucial technical indicator reveals further upsurge is imminent for Bitcoin
Leer más »
Bitcoin offers 'good signs' as analysts retain $40K BTC price targetNeed some bullish BTC price targets? How about as high as $42,000?
Leer más »
This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakoutData suggests traders anticipate a sharp price move in Bitcoin price, noshitcoins explores an options strategy that allows for a risk free BTC position.
Leer más »