Recently, a whale made a large bitcoin movement, involving a total of 101.857 BTC valued at more than 960 million dollars. However, the movements have a strange pattern that we invite you to learn about.
One of the largest transactions in the world recently took place. blockchain de Bitcoin, when a whale moved the amount of 101.857 BTC, of which 5.000 BTC went to an unknown address, while 96.857,24562738 BTC were the exchange transaction for the whale. Despite the obvious large volume involved in such a movement, the cost of the commission rate It was only 0,48 dollars Amazing, right?
La wallet from where it was made transaction It is not associated with any company, business or organization known so far, so nothing is known about the user who made this millionaire transfer. Likewise, an investigation into this address shows that the wallet from which the transfer was made was created a few weeks ago, to be exact on April 1 of this year.
The first to notice this transfer was the automated tracking service of Bitcoin Block Bot, who at the time indicated that the transaction was valued at approximately 933 million dollars, although at the date of this publication the amount of Bitcoin transferred is valued at 969.970.567,78 dollars according to the price of the cryptocurrency. Almost a Billion dollars transferred for less than $0,50!
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Details of the million-dollar Bitcoin transaction
Although it is not known who or who are behind this movement, the wallet that received this transfer is considered one of the richest wallets to date, except for the exchanges and cryptocurrency exchanges that handle billions of dollars, mostly belonging to user and customer funds.
Therefore, the transaction that moved the 101.857 BTC was listed as the largest in volume considering that it was from an individual; the 101.857 BTC represents approximately 0,55% of the total bitcoins mined to date.
Blockchain Explorer Bit2Me
Now this unknown address sent a transaction of 5.000 BTC while the second transaction seen in the graph corresponds to the exchange transaction, with a total of 96.857 BTC. This address is the one that is now considered as the second largest wallet the Bitcoin currently, with an average of $897 million in their possession.
Hypotheses and speculations of the possible owners of the address
As we already mentioned, it is not known who owns the address that moved this amount of BTC since there is no known identity associated with the address to date. However, since the Bitcoin Block Bot service announced the transaction, many users began to speculate on the networks about the possible owners. Some users pointed to Huobi, a Singapore-based cryptocurrency exchange, while others point to Coinbase. Both exchanges denied owning any of those addresses. Meanwhile, a user on Reddit pointed out that the address from which the transaction was made belongs to BitStamp, a Europe-based exchange that operates through the services of BitGo.
However, the Bit2Me News team was able to verify through an investigation that the origin of this money is indeed XAPO. The origin of the transaction comes from the XAPO addresses and was given on 14th October 2019. In such transaction, the bitcoin address 3CgKHXR17eh2xCj2RGnHJHTDjPpqaNDgyT received a total of 111.858,245798 BTC.
That address then made a transaction on the day February 25th 2020The curious thing is that this transaction was carried out under the same terms as this new transaction; that is, sending 5.000 BTC to an unknown address.
A second iteration with the same feature was made on the day April 1th 2020, until reaching the transaction present. At the moment, the last bitcoin address 3NnMpwtfiwK3KG9PGbb7jaqfP79xDpjwxw, has not made any other movements, but it is striking that this whale regularly moves the same amount of money, specifically 5.000 BTC to unknown addresses. This could be part of an automatic system of XAPO or a client of said service who has taken out his fortune to slowly move it through a very well thought out coin control.
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