Are the whales ready to sell? Bitcoin Price crash alert

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.

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

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Alexander Aryan
Alexander Aryan
After completing his Masters in Business Administration and Management from the California State University, Alexander dedicated his life into studying and writing about bitcoin and the technology behind it as he believes it to be the money of the future. Apart form being a writer, Alex is also a great speaker and loves to participate in blockchain events.

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