As 2023 ends on a good note, noteworthy transfers of Bitcoin whales are emerging: Current whale transfers!
Bitcoin Says Goodbye to 2023
As 2023 ends on a good note, noteworthy transfers of Bitcoin whales are emerging: Current whale transfers!
Bitcoin Says Goodbye to 2023
Bitcoin, the world's first cryptocurrency created in 2009, has recently attracted the attention of global crypto market enthusiasts once again, as significant whale transfers have recently been recorded on a CEX. Notably, according to data surfacing on crypto horizons, a whopping 14.5K BTC was seen being shifted between unknown wallets and Coinbase, a San Francisco-based CEX.
Interestingly, the whale activity revolving around Bitcoin appears to have quickly gained significant traction in the broader crypto market on Saturday, as a price decline recorded by the token emerged. Moreover, a prominent crypto analyst focused more on Bitcoin's current market dynamics, strengthening his bullish conclusions for the token.
According to the blockchain tracking platform, a whopping 14.5K BTC was seen moving to and from Coinbase, a famous CEX. Additionally, according to the data, 8,936 BTC was transferred from unknown wallets to Coinbase, while 5,564 BTC was shifted from Coinbase to unknown wallets. According to the data, BTC transfers to Coinbase occurred in a series of four transactions.
The first transaction to attract global market attention transferred 3,144 BTC to Coinbase via an unknown wallet with address 1J2rZGuvnb...kHHUyMA3r6. Moreover, the second transaction recorded 3,143 BTC on the same CEX via the address 1EmtKQksts...9WLmnbNz5y. Meanwhile, 5,564 BTC was shifted from Coinbase to unknown wallets in four transactions.
The first transaction showcased the shifting of 1,335 BTC to the address 1EyuZyu87o...PmJX5XECRb. Moreover, the second transfer showed the shifting of 1404 BTC to another address 19j41wwCHt...KPNyxqmTxN. Simultaneously, the third whale transfer showed a shift of 1415 BTC to address 1EyuZyu87o...PmJX5XECRb, while the last transaction showed a shift of 1410 BTC again to address 19j41wwCHt...KPNyxqmTxN.
Bitcoin Price Falls
At the time of writing, Bitcoin is trading at $42,304. Moreover, this downward trend came with a weekly decline of 4.55%. However, a prominent crypto analyst shared market sentiments towards today's decline. The analyst emphasized Bitcoin's current close, stating that the community could not have asked for a more bullish H4 close. “I couldn't have more confidence right now,” he said of BTC, sparking global optimism for the token.