Bitcoin Whale Alert: 20355 BTC moved out of Binance and Bitfinex

Bitcoin price has been showing bullish momentum from the last days after falling massively since the last month. Cryptocurrency Analysts are predicting that the price of bitcoin can soon hit the next resistance close to $4400 level and bitcoin can even rise up to $6000 if the resistance is broken. Amidst the bullish momentum, investors are withdrawing their bitcoin holdings from exchanges at least for the time being. In the last 14 hours, around 20355 bitcoin was transferred from cryptocurrency exchanges to unknown private wallets of large investors. Here are the details of the transactions:

Transaction 1: 1706 BTC transferred from Binance to an unknown wallet

https://www.blockchain.com/btc/tx/44dcc05eeccc0bfb937c591ad8afd6e6e377981e8249490709f6c6bd8cf37e55

Transaction 2: 1567 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/bea31fdecb02e5923d0e1b29c78344e269c89c73e68609db353664c35d6cb771

Transaction 3: 1598 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/240661e9a4fb7f53c21b105109b64c8f89df23624f66395b4e5e795da8469ebc

Transaction 4: 2000 BTC transferred from Binance to an unknown wallet

https://www.blockchain.com/btc/tx/ae3435df440b3febb1bf6539256680a08b4b7168dcee3f9e1f147cd45d45df44

Transaction 5: 2000 BTC transferred from Binance to an unknown wallet

https://www.blockchain.com/btc/tx/c952cff3f4dce3bb583c08c9cea7cdd47bbd98af3c271df49bffcee7753d552d

Transaction 6: 2000 BTC transferred from Binance to an unknown wallet

https://www.blockchain.com/btc/tx/5ce04fe6a0a24d6857b81edd73f3235c5de82aeb20ffe05b53b575614da7ec21

Transaction 7: 1691 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/0006436ed9486100f33b07224f91792f91e4d32952c38453993057b66413fc44

Transaction 8: 1690 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/45bf1fe9af294bfdf3aaff67203cf01325e29fc770f6e7262ded603b47e6a809

Transaction 9: 1853 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/1750a2f9cceff43cc39dd2158a5c3445c2408dc2f627ebca3c6d4b078d5429db

Transaction 10: 1957 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/1cea3f38de54361b238a4699f4a47472211afa6f528109e02f0fe35d034cdb72

Transaction 11: 2293 BTC transferred from Bitfinex to an unknown wallet

https://www.blockchain.com/btc/tx/2146b9ce8cf96ac4498a7ee6acac755c1254d31cc0b7bcf4a3237d4d43b78b2b

The following article is not financial advice. The readers are advised to do thorough research and analysis before making any investment decisions in the cryptocurrency market which is quite volatile.

Joyce Lang

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