Whale Alert 🚨 🚨🚨🐋🐋 Is this the start of the bull run?
Major transactions in last 24 hours which caused the pump:
1. **18 BTC Activation**: An address containing 18 BTC, worth $1,091,325 today, was activated after being dormant for 10.3 years. Back in 2014, this amount was worth just $9,204. The increase in value reflects the significant appreciation of Bitcoin over the years.
2. **104,400,229 XRP Transfer**: A massive amount of XRP, worth $58,217,603, was transferred from an unknown wallet to a new unknown wallet. This kind of large transfer can indicate a major reorganization of holdings or preparation for a significant move.
3. **50,117,000 USDC Burned**: The USDC Treasury burned 50,117,000 USDC, reducing the total supply of the stablecoin. This can affect its value by tightening supply and is often done to maintain its peg.
4. **9,065 ETH Transfer**: Nearly 9,065 ETH, valued at $23,468,647, was transferred from Cumberland to an unknown wallet. Cumberland is known for its large trades, so this could be part of a substantial investment or divestment strategy.
5. **174 BTC Activation**: Another dormant address, this time with 174 BTC worth $10,162,306, was activated after 10.6 years. In 2014, this amount was valued at $142,600, showing the impressive growth of Bitcoin over the decade.
6. **53,017,980 USDT Transfer**: A transfer of 53,017,980 USDT, worth $53,086,903, was made from an unknown wallet to Binance. Such large transfers often precede trading activity on major exchanges.
7. **1,151 BTC Transfer**: A significant transfer of 1,151 BTC, worth $67,351,173, was made from an unknown wallet to Binance. This could indicate a large investor moving funds for trading or other purposes.
8. **50,000,000 USDT Transfer**: A transfer of 50,000,000 USDT from Bybit to an unknown wallet.
9. **10,240 ETH Transfer**: 10,240 ETH, valued at $26,304,005, was transferred to the Beacon Depositor. This is likely related to Ethereum 2.0 staking activities.
