Bitcoin Whales Move Over 3K BTC As Price Crosses $45K
Bitcoin, the world’s first-ever digital currency, has caught the attention of crypto traders and investors with recent whale activity. Blockchain data reveals that over 3000 BTC has been on the move, coinciding with the anticipation of a spot Bitcoin ETF approval.
A Closer Look Into BTC Whale Transfers
Data from Whale Alert shows that there have been five transactions involving the transfer of 3,172 BTC between wallets and exchanges in the past 24 hours. Notably, three of these transactions moved 2,153 BTC to Binance, while another transferred 499 BTC from Binance to an unknown wallet. In addition, 520 BTC was transferred from Kraken to an unknown wallet.
Bitcoin Price Rockets
The price of Bitcoin has seen a significant increase of 1.80% in the past 24 hours, reaching $45,157.56. This rise is accompanied by a weekly surge of 5.73%. The crossing of the $45K mark has sparked bullish sentiments and optimism for the token as the halving and Bitcoin ETF approval draw near.
Hot Take: Bitcoin Whales Stir Speculations as Price Surges
The recent whale activity in the Bitcoin market has fueled speculations and discussions among traders and investors. With over 3000 BTC on the move and the price crossing $45K, there is growing anticipation for a spot Bitcoin ETF approval. These developments indicate a positive outlook for Bitcoin and its future performance in the crypto landscape.
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