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Bitcoin Whales Shift 4,377 BTC From Kraken

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Bitcoin Whales Shift 4,377 BTC From Kraken

Bitcoin, the world’s first digital currency, has gained significant traction in the broader crypto market as it recorded significant whale transfers from Kraken to unknown wallets.

On-chain data shows that Kraken, a CEX, has shifted 4,377 BTC to unknown wallets through a series of transactions.

These transactions caught the attention of crypto market enthusiasts globally as they emerged amid Bitcoin’s price drop.

Whale Alert, a blockchain tracking platform, revealed eight significant transactions attributed to the shifting of 4,377 BTC from Kraken to unknown wallets in the past 24 hours.

The first transaction shifted 534 BTC, worth $23.30 million, from Kraken to an unknown address. The third, fourth, fifth, and sixth transactions transferred 616 mn, and 508 BTC from Kraken to unknown wallets, respectively.

The seventh and eighth transactions moved 565 and 509 BTC from Kraken to unknown addresses. All the aforementioned transactions collectively moved Bitcoin worth $191.09 million, sparking immense curiosity among crypto market fanatics.

(With inputs from Shikha Singh)

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