123,447 Bitcoin Moved To Unknown Wallet, Is that You Craig?

123,447 Bitcoin Moved To Unknown Wallet, Is that You Craig?
  • We can see that the market has gone from green to red with the leading cryptocurrency seeing a 0.65 per cent loss in value over the course of the last 24 hours. 
  • As the market loses its momentum, the Whale Alert Twitter account has been spreading the word of a massive transaction.
  • $1,097,343,503 worth of Bitcoin has moved from an unknown wallet to an unknown wallet...

Waking up today and looking at the crypto charts, we can see that the market has gone from green to red with the leading cryptocurrency currently priced at $8,657 following a 0.65 per cent loss in value over the course of the last 24 hours. 

As the market loses its momentum, the Whale Alert Twitter account has been spreading the word of a massive transaction, seeing $1,097,343,503 worth of Bitcoin move from an unknown wallet to an unknown wallet.

Depending on how new you are to the crypto space, you will have most likely heard about Crypto whales. 

The term ‘whale’ is given to an investor or trader that have a very big amount of crypto funds and partakes in very big transactions. So when compared to other financial sectors, the crypto market is pretty small.

The Whale Alert Twitter account is dedicated to “live tracking of large crypto transactions from and to exchanges” for some of the top coins in the market.

One person commented on the above tweet, simply saying ‘Craig?’. This is a nod to Craig Wright who recently came out to say that the private keys to a one million Bitcoin stash were sent to him by someone from the Tulip Trust. 

It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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