Bitcoin market was on a bearish path as the price was declining from the past few days, but yesterday things took a different turn when the price dropped to the $8,000 level. The recent Bakkt Bitcoin Futures contracts launch can be one of the reasons for the downfall of the price as it was a flop show for the crypto market.
More than 15,749 Bitcoins worth about $1.3 billion have been transferred from unknown wallets to various exchanges in the last 12-hours, and these might be up for selling purposes. Here are the details of the transactions:
2000 BTC worth about $17 million was transferred from an unknown wallet to Bitmex:
https://www.blockchain.com/btc/tx/8b704ecb2e4708efd47802a5507d92ba0926f586afe84ac54e2fa99b97e27b13
1000 BTC worth about $8 million was transferred from an unknown wallet to OKEx:
https://www.blockchain.com/btc/tx/cf633d259f9c116c0bdaf19923f93be1da8599a61599bf2200fb61db5045f880
3,999 BTC worth about $34 million was transferred from an unknown wallet to OKEx:
https://www.blockchain.com/btc/tx/2fce9e14151bc7488722b11d557ba6d87d62ca33e45ec30fe5d0fdea4df792ab
700 BTC worth about $6 million was transferred from an unknown wallet to OKEx:
https://www.blockchain.com/btc/tx/d0208edb5f9027fa33f45cf768ac40dd2448b412db658b425b85cf8416efb9bf
1000 BTC worth about $8 million transferred from an unknown wallet to OKEx:
https://www.blockchain.com/btc/tx/d21c2fe0850cdb28dd9635bc6e72d90c2f51b5af2a4b089554eac6bfafe82d9b
1000 BTC worth about $8 million was transferred from an unknown wallet to OKEx:
https://www.blockchain.com/btc/tx/1ff402fbd8d5da14bb2521b4651ef23135c9b231cd38226e53ea0c2a9e6747fb
1500 BTC worth about $13 million was transferred from an unknown wallet to Binance:
https://www.blockchain.com/btc/tx/0643e0fb6cab48b895a1a5c109bf473bac19d01a8256bc5d2b0351d45adf632e
1000 BTC worth about $8 million was transferred from an unknown wallet to OKEx:
https://www.blockchain.com/btc/tx/ba894837239bd5b9913ea4a9c2da47a43cffbcdda6a7a4e101c098b9a7ab2096
2200 BTC worth about $19 million was transferred from an unknown wallet to Binance:
https://www.blockchain.com/btc/tx/0c954f599dc7dd1eac52262f509eec3eec7c763f8423fc7322871e03455491b2
600 BTC worth about $5 million was transferred from an unknown wallet to Coinbase:
https://www.blockchain.com/btc/tx/3bf44d6fd2c064ff0a44b95e2cce6b635099608bca3f28818c17f2a549c41a59
750 BTC worth about $6 million was transferred from an unknown wallet to Bitstamp:
https://www.blockchain.com/btc/tx/0ce927fe5983185fa40864186201f35f33ea1e92968154d7ae7c882603d43dcd