GET RECENT UPDATES & NEWS RELATED CRYPTOCURRENCY, BITCOINS, MLM, ONLINE BUSINESS, BEST INVESTMENT TYPE MLM BUSINESS OPPORTUNITY AND MANY MORE

Breaking

Important notice: Almost all online business are temporary only & it may be become scam at any point of the time, Hence, I/we request those who want to invest their hard earned money in that.. Please verify yourself before you invest & you are the only responsible for your own money..the website owner (www.part-time-jobs-in-bangalore.net) are not responsible for any lose, profit or scam. Admin *** महत्वपूर्ण सूचना: लगभग सभी ऑनलाइन व्यवसाय अस्थायी हैं और यह समय के किसी भी समय घोटाला हो सकता है, इसलिए / मैं उन लोगों से अनुरोध करता हूं जो अपनी कड़ी मेहनत के पैसे का निवेश करना चाहते हैं .. कृपया निवेश करने से पहले अपने आप को सत्यापित करें और आप आपके खुद के पैसे के लिए ही जिम्मेदार हैं .. वेबसाइट के मालिक (www.part-time-jobs-in-bangalore.net) किसी भी खो, लाभ या घोटाले के लिए जिम्मेदार नहीं हैं। व्यवस्थापक

Breaking Whale Alert: $257 Million Worth of BTC Were Sent From an Inactive Address

A Couple of minutes ago, one of the top 20 wealthiest Bitcoin addresses had sent an enormous amount of 66,233, worth a little more than $257 Million. This address hadn’t been active since 2014.

The destination is unknown as writing these lines. It’s most likely an OTC address since such huge amounts can dump markets easily. The amount of Bitcoins that were sent is even higher than the last day’s trading volume of Binance – $205 Million and Bitfinex $155 Million.

The following is a screenshot taken from the transaction (still unconfirmed):

btc

What Could Be The Outcome?

It sounds horrifying for the bulls, but in case the destination is an OTC, there should be no effect on the secondary markets. Since for every trade, there are two sides – a buyer and a seller.

In the less-likely case that the destination is an exchange, then the situation might get very choppy for Bitcoin. This could turn out to be a manipulation to dump down the Bitcoin’s price to the $3000 area.

The post Breaking Whale Alert: $257 Million Worth of BTC Were Sent From an Inactive Address appeared first on CryptoPotato.

No comments:

Post a Comment