Astounding amount of Bitcoin transferred to Binance and Coinbase exchanges after this BTC metric suggested investors may start selling soon
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Prior to this massive 10,000 BTC transfer, another astounding amount of Bitcoin was moved to the Bitfinex exchange on Friday — 7,000 Bitcoin. The transaction was also initiated by an anonymous whale, according to Whale Alert.Also, a total of 10,775 BTC was sent to the largest U.S.-based exchange Coinbase by anonymous crypto investors in five transactions. This amount of crypto is currently equal to $374,025,032.
After whopping 15% growth demonstrated by Bitcoin on Monday, Oct. 23, when this digital analogue of gold soared from $30,000 to the $34,500 zone, BTC has been trading more-or-less in the same range for nearly two weeks. On Nov. 1, BTC also printed a 4.40% surge to hit the $35,702 price level but failed to hold there and went back down to $34,185.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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