A Bitcoin whale is transferring over a billion dollars worth of BTC during a correction that’s affecting the overall crypto markets.
According to blockchain tracker Whale Alert, the large holder of Bitcoin moved 15,078 BTC from an unknown wallet to another unknown wallet. At the time of the transfer, the Bitcoin stash was worth approximately $1.018 billion.
The transfer cost 0.00003060 BTC, approximately $1.90 at time of writing, in transaction fees. Bitcoin is currently trading at $65,040.
The receiving Bitcoin address is now the 51st-richest Bitcoin wallet in the world, according to BitInfoCharts.