Bitcoin worth $116 million moved for just $2

A mysterious Bitcoin whale transferred 11,230 BTC worth $ 116 million for a fee of just $ 2.14. The transfer was first discovered by an automated distributed ledger tracker known as the Bitcoin Block Bot. According to the latest Blockchain data, the whale has moved cryptocurrencies to two separate addresses.


An unknown wallet containing a total transaction received 2,730 BTC. Another wallet that takes 8,500 BTC also has a transaction log. BitInfoCharts data shows that the whale created the original wallet on July 14th. The wallet began to receive significant amounts of BTC on July 23, as the 28th richest Bitcoin wallet to exist on September 11.

The whale in question could be a custodial platform or institution that manages cryptocurrencies on behalf of its clients. The big crypto whale can also move BTC to multiple addresses for security purposes. However, none of the relevant addresses have known links with a company in the crypto industry.

BTCs have not moved to any cryptocurrency exchange that is known to be able to be bought and sold on the open market. Bitcoin, the leading cryptocurrency , is trading at $ 10,428, down 1 percent at the time of writing. The flagship of cryptocurrencies currently has a market value of $ 192.8 billion.