Blockchain platform Whale Alert, which tracks large cryptocurrency transactions, has detected a massive Bitcoin transfer taking place in the last few hours, which coincided with the price of bitcoin falling by 2.6%.

The aforementioned data source shared that 4000 BTC worth $255,255,634 was transferred at the time of the transaction initiated between two anonymous blockchain addresses.

Before that, the same blockchain detective revealed that 2685 BTC worth $170,028,061 was transferred by a user from the Bitfinex exchange to Kraken. $BTC