Some of the biggest Bitcoin whales in existence are moving hundreds of millions of dollars worth of BTC as crypto markets surge earlier in the week.
An unidentified whale spotted by blockchain tracking service Whale Alert sent 11,125 BTC worth $267,956,866 to Binance, the world’s largest crypto exchange.
The transaction, which cost just 0.00005888 BTC, around $1.14, appeared to be from a newly created wallet.
Minutes later, several other whale finds were sighted en route to Binance.
A total of $411 million worth of Bitcoin was sent to Binance in about 20 minutes:
The following transactions were also spotted by Whale Alert earlier Monday morning within hours of the previous movements:
At the time of writing, Bitcoin is trading at $24,239, up nearly 20% over the past 24 hours, while Ethereum (ETH) and the broader altcoin markets are clearly in the green.
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