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22 September 2021
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Sudden $369,000,000 Bitcoin (BTC) Movement Sparks Crypto Whale Alert


Crypto traders are tracking a series of Bitcoin transfers from a huge, anonymous whale.

The mysterious crypto holder moved a total of 39,635 BTC worth about $369 million across the ledger in 12 separate transactions.

The whale appears to be methodically dividing the crypto trove into separate wallets, each containing 4,000 BTC. The 12 transfers cost a total of $11 in fees.

Here’s an overview of all of the transactions at time of publishing, which happened in the span of about four hours.

• 39,635 BTC worth $369.0 million sent from unknown wallet to unknown wallet
• 39,635 BTC worth $369.0 million sent from unknown wallet to unknown wallet
• 35,635 BTC worth $332.9 million sent from unknown wallet to unknown wallet
• 35,635 BTC worth $332.9 million sent from unknown wallet to unknown wallet
• 31,635 BTC worth $295.5 million sent from unknown wallet to unknown wallet
• 31,635 BTC worth $295.5 million sent from unknown wallet to unknown wallet
• 27,635 BTC worth $258.2 million sent from unknown wallet to unknown wallet
• 19,635 BTC worth $184.6 million sent from unknown wallet to unknown wallet
• 19,635 BTC worth $184.6 million sent from unknown wallet to unknown wallet
• 15,635 BTC worth $147.0 million sent from unknown wallet to unknown wallet
• 15,635 BTC worth $147.0 million sent from unknown wallet to unknown wallet
• 11,635 BTC worth $108.9 million sent from unknown wallet to unknown wallet

None of the addresses in question have been identified.

The owner of the funds could be an investor separating his or her BTC across multiple addresses for security purposes or a crypto exchange, custody provider or institution managing assets on behalf of its customers.

New data from the crypto analytics firm Glassnode shows the number of Bitcoin whales in existence has been on the rise since January, hitting a peak last seen in September of 2017.

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