- Multiple whales transferred BTC worth millions to exchanges over the past few hours.
- It is still uncertain whether these whales will look to pump or dump the BTC price.
- At press time, BTC was trading at $37,394.64 after a slight 0.58% price rise.
Data from the whale tracking platform Whale Alert indicated that multiple whales moved Bitcoin (BTC) to exchanges over the past few hours. Almost first thing this morning, a whale transferred 2,707 BTC tokens worth $101,620,813 from an unknown wallet to the Coinbase (NASDAQ:COIN) exchange.
2,707 #BTC (101,620,813 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ReSVTNs9UL— Whale Alert (@whale_alert) November 20, 2023
Just a few hours later, another whale transferred 2,712 BTC tokens from an unknown wallet to Coinbase. In this case, the transferred BTC was worth approximately $101,661,213.
2,712 #BTC (101,661,213 USD) transferred from unknown wallet to #Coinbasehttps://t.co/Zm1G6bGyMc— Whale Alert (@whale_alert) November 21, 2023
An hour later, yet another undisclosed wallet sent 650 BTC tokens, equivalent to $24,294,303, to the Binance platform. Now, traders are stuck in a waiting game to see …
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