U.TODAY – Cryptocurrency tracker Whale Alert, which tracks large crypto transactions and shares the details on its website and Account X, has revealed half a dozen large transactions, carrying a cumulative value of $800 million .
Among those transfers were several that brought a large amount of BTC to new wallets, while Bitcoin demonstrated a 2.43% increase.
Huge bitcoin fragment in motion
Whale Alert reported that 7,667 bitcoins, valued at nearly $800 million in Fiat, have been palpitated among anonymous blockchain addresses. That amount of crypto was transferred in six large BTC transactions, each containing between 1,000 and 2,000 BTC.
Three bitcoin shards: 1,000 BTC; 1,029 BTC and 1,531 BTC – moved to three new wallets. This means that three new crypto whales acquired BTC through OTC purchases or existing whales rebuilt their holdings by moving some of their bitcoin to new addresses.
These massive BTC transfers were spotted as the world’s largest cryptocurrency bitcoin staged a surge of over 2% today, reclaiming the $105,700 level after a drop.
Bitcoin Market Performance
On Thursday, the world’s Bellwether cryptocurrency printed a 5.21% rise, briefly surpassing the $106,800 level on the news that US President Donald Trump signed an executive order to ensure the creation of a strategic plan for bitcoin for the country.
Cynthia Lummis, a pro-Crypto senator, who suggested making a strategic reserve of BTC for the United States last year, tweeted: “Big things are coming.” The plan he suggested assumed that the US government would purchase 200,000 BTC annually over the next five years to purchase one million BTC in total for the strategic Bitcoin reserve. As the price of BTC soared, renowned bitcoiner Michael Saylor, the CEO of Microstrategy, tweeted: “Let’s go to Mars,” clearly hinting at Trump and his ally Elon Musk, who are striving to send spaceships to Mars to make a permanent already yourself. Sustainable human base on the red planet. Both people are largely pro-Crypto.
However, that price increase was followed by a decrease to $103,000. At the time of writing, BTC is changing hands at the $105,150 mark.
Four days ago, Bitcoin hit a new all-time high, hitting the $109,114 price level on Trump Inauguration Day.
