Yesterday, march 04, 2020 we can say that the whales crypto have maintained a constant activity, in accordance with the notifications of Whale Alert. Cryptocurrencies as a Bitcoin Link and BUSD have been the protagonists. In addition, a trend that is continuing is the burning of tokens of USDC.
Bitcoin: whales crypto mobilize 12.041 BTC
This figure is the total of nine transactions recorded in the course of the day today. Of these nine, six have been from exchanges to wallets unknown, again denoting a tendency to the accumulation and add up 10.485 BTC. Also, it should be noted that the largest of them was for 5000 BTC from the exchange Bitfinex. On the other hand, a transaction called a lot of attention from the community, by the amount of Bitcoin that meant. This was made by a figure of 15,000 BTC, equivalent to 131.672.425 USD. It is not surprising that raised alarms but the Whale Alert was instructed to notify quickly that it was an internal transfer of Bitfinex and not of an attempt of tampering, as evidenced by a whale crypto.
Burning USDC continues
So as you read, this trend continues since we did the last weekly report of the activity of the whales crypto. The day burned to 2,000,000 USDC, but they were minted 3.500.001 USDC. In addition, he highlighted a transfer by 10.000.000 USDC from the treasure of the USDC to a wallet unknown. The whales turn out to be institutions are the ones that usually do this kind of operations, to streamline international payments.
The whales crypto and altcoins: Link and BUSD
Link has been to the altcoin for excellence today in the operations of the whales crypto. Four operations reported, three were made to wallets unknown, but two are made between wallets unknown. The total involved in these operations of the whales crypto is 1.649.982 LINK, equivalent to 7.893.156 USD. Also there was another one in the that were transferred to 500,000 LINK (2.480.071 USD) from a wallet unknown to Binance. In BUSD, we can highlight that they were minted 7.945.852 BUSD, then transferred 5.707.871 BUSD to a wallet unknown. Also, by using two distinct operations were carried 10.000.000 BUSD to Binance; a from a wallet unknown and another was made directly from the booking of PAX. The whales crypto did not have a particular tendency with this criptomoneda.