It is that time again. The Whale Alerm on Twitter has triggered the Alarm. This Time it was two transactions for a total amount of USD 60 million that were transferred with USDT (Tether) on Binance. The question of what is the meaning of this high transaction and what effects it can have on the Bitcoin price or Altcoin courses directly. Some Users say that maybe a Whale BTC wanted to buy in the current Bitcoin exchange rate Dip.
Contents
60 million USDT from Huobi and Bitfinex on Binance
It is high-transactions in the Form of Bitcoin, Ripple, Ethereum and the Tether are carried out regularly but only rarely are the transactions up to an Exchange track. Therefore, the recent transaction has dragged on Binance in the amount of 50.572.438 USD, the attention. On Sunday, the ominous Transfer from a Hot Wallet of Huobi was held on Binance. Although the origin address according to the Whale Alert unknown but a short time to read later on a Cold Wallet of the Exchange Huobi back track.
? ? ? ? ? 50,399,967 #USDT (50,572,438 USD) transferred from unknown wallet to #BinanceTx: https://t.co/oHFdLr0bBq— Whale Alert (@whale_alert) October 6, 2019
So that means that someone deducted the amount of funds in the amount of 50 million USD from Huobi and Binance has transferred. The reason for this is not from the existing information. The Community wishes, of course, is that these Whale buys the BTC Dip, but he might as well do it on Huobi itself.Added to this was a further transaction in the amount of 8.224.076 USD from the Exchange Bitfinex also on Binance. This Transfer is noticed to a User on Twitter who commented on immediately the Whale Alert, a Tweet with the corresponding TX.
Something strange going on… both recent calls are directing their funds to @binanceOther one what 8M $USDT originating from our pal @bitfinex https://t.co/yZvy9RuMIm pic.twitter.com/uxr4cjw5dz— Samuel JJ Gosling (@xGozzy) October 6, 2019
Although there is no direct connection between the two transactions, but nevertheless, the question remains whether it could not be but by the same Whale that focuses its Funds on Binance. At this point we can speculate all only.Trade on the most successful Crypto-exchange. If you’re looking for a reputable point of contact, to act with real crypto currencies, then take a look at our Binance Test 2019! In this article, we have analyzed all the features and benefits of the crypto-exchange in more detail and evaluated. The most the most popular crypto-stock exchange today! Now on Binance sign up.
Bitcoin Whale Transfer in the amount of 13,180 BTC
But that’s not enough of Whale Alerts. Today, another interesting transaction took place in the amount of 13,180 Bitcoin. These have a current value of approx. 107.804.316 USD. The origin address and the destination address, however, are still unknown until now. Therefore, there is no reason to panic. This could measures only, due to the potential for security to make a shift from a Bitcoin Cold Wallet in a different act.
? ? ? ? ? ? ? ? ? ? 13,180 #BTC (107,804,316 USD) transferred from unknown wallet to unknown walletTx: https://t.co/tifePssquI— Whale Alert (@whale_alert) October 8, 2019
Currently, we can speculate only about the meaning of this Whale transactions only. The worries should prepare for such transactions, but no. But it is always exciting to how much money in Bitcoin and other crypto-currencies on a daily basis to be moved.What was the reason for the high USDT (Tether) transaction to Binance? Have been 13.180 BTC is only a shift of a BTC Cold Wallet to another? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. (Image Source: Shutterstock)