Bitcoin: USD/BTC (BTC=X) worth $1 billion just moved to an unknown wallet

Bitcoin: USD/BTC (BTC=X) worth $1 billion just moved to an unknown wallet

Over 94,000 bitcoins, currently worth over $1 billion, have just been moved to an unknown wallet; possibly associated with Bakkt.

The transaction, which took place three hours ago, consolidated bitcoins from 92 different inputs from 15 addresses into just one address that now holds 94,505.8 BTC. More than half of the sent BTC (56%) came from just one address. Another 42% came from three other addresses. The transaction fee cost approximately $700, meaning just 0.00007% of the total amount. 

The receiving address is now the fifth-largest BTC wallet, and the largest wallet not associated with a cryptocurrency exchange. Considering that Bakkt begins to offer bitcoin custody starting from today, it is possible that the receiving address belongs to Bakkt. 

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

You must be logged in to post comments :  
CONNECT WITH