A “whale” transaction was once again observed on the Bitcoin network, moving 57,577 BTC, or above $414 million. The source of the transaction are multiple addresses that consolidated the sum, and the recipient is the Bittrex exchange.
The transfer suggests there may be significant owners of BTC still unidentified. But the whale transaction also shows one of the values of the Bitcoin network, for carrying significant transactions at a low cost.
https://twitter.com/whale_alert/status/1202176928482021377
In the past month, a couple of transactions near $1 billion were noted, along with multiple other ...