Bitcoin [BTC]: 25,000 BTC moved between wallets as market sees spike in momentum

2019-5-10 04:30

Bitcoin [BTC], the world’s largest cryptocurrency, has had a significant few weeks, with notable coin movements and hacks affecting its users. The recent Binance hack saw a sizable chunk of 7000 BTC being stolen from the world’s largest cryptocurrency exchange, but that did not seem to have had an effect on its usage rates.

In a recent Blockchain report, it was identified that over 15,000 BTC were moved from one unknown wallet to another. The transaction ID for the article was a893e394120135be6431254bc5b7184b33ec1fe8eb38e88a4ba05e30f04e3966, while the Block ID was 575065. The output wallets had addresses corresponding to 1PBxRSpxmCBKJUEa2ARE1E5K6QDUaNThzH and 4BWH6GmVoL5nTwbVxQJKJDtzv4y5EbTVm, with the first address receiving 15000 BTC and the other output receiving 2 BTC.

In other transactions, almost 9000 BTC was moved between two unknown wallets. The time stamp for the transaction was May 9 7:37 UTC. The address of the receiver wallet was 3FAX7PQ1ja3qNoQCQt43AHQykzTjCcns8m, while the receiving address had an address of 3FrM1He2ZDbsSKmYpEZQNGjFTLMgCZZkaf.

The large movement was not the only good news for Bitcoin as the cryptocurrency also breached the $6000 mark recently. Bitcoin’s price is set to face massive resistance between $6,100 and $6.500, a price range which acted as a support for the prices for almost 3/4th of 2018. Although this rally might seem like the end of the bear market and the start of a bull rally, it can only be confirmed after the prices close above $6,500.

Famous proponents like Tuur Demeester also took the side of Bitcoin, calling it “seriously undervalued” right now. He added that the market is psychological, stating,

“We have seen similar patterns during late 2013 and early 2014 where there was a lot of unrealized profits which again happened during the summer of 2017. The investor psychology was more inclined towards greed and when the bear market sets in, the positive sentiment obviously decreases. Once it is in the red, retail investors walk away which is what happened last November when BTC drooped from $6000 to almost $3000.”

The post Bitcoin [BTC]: 25,000 BTC moved between wallets as market sees spike in momentum appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 96607.17 (-0.38%)
Объем 24H $40.277b
Изменеия 24h: -1.06 %, 7d: -6.15 %
Cегодня L: $96041.94 - H: $97458.26
Капитализация $1912.786b Rank 1
Цена в час новости $ 6299.26 (1433.63%)

btc bitcoin momentum world had cryptocurrency largest

Источник: ambcrypto.com

btc bitcoin → Результатов: 126


Japan’s Metaplanet’s Bitcoin Holdings Rise to 530 BTC After Pulling Off Mind-Blowing Strategy

According to the latest announcement from Japanese investment firm Metaplanet Inc., its Bitcoin holdings have surged, rising to 530.717 BTC as of October 3. As revealed by the Tokyo-listed company, this increase in its Bitcoin bags was possible due to a smart options trading strategy, which led to the company earning more BTC and adding […]

2024-10-4 21:00


Фото:

Bitcoin STHs Supply Decreases By 1.31M BTC – A Sign Of Growing Confidence?

Bitcoin has remained above $60,000 for the past two weeks, holding strong as the broader crypto market bulges. This steady performance is fueling optimism among traders and investors alike.  According to key data from CryptoQuant, short-term holders are now selling for profit, leading to a notable decrease in BTC supply. This reduction in available BTC […]

2024-9-30 19:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Is the Altcoin party over? Bitcoin dominance threatens alt sector!

Positioning for altcoins? These bearish signals call for caution.  The altcoin season index slipped below 50%, marking a new monthly low.  Altcoins are in massive discounts after the recenThe post Is the Altcoin party over? Bitcoin dominance threatens alt sector! appeared first on AMBCrypto.

Fantom breaks $1: Will FTM continue its bullish trend towards $1.50?

Fantom’s price surge is supported by strong network growth and key resistance targets near $1.50. Technical indicators and market sentiment highlight cautious optimism for sustained upward moThe post Fantom breaks $1: Will FTM continue its bullish trend towards $1.50? appeared first on AMBCrypto.

Why Ethereum Classic could be setting up for a 20% price jump

On-chain metrics revealed that exchanges have experienced a substantial $22.85 million worth of ETC outflow. ETC long/short ratio indicating strong bullish sentiment among traders. ETC, the The post Why Ethereum Classic could be setting up for a 20% price jump appeared first on AMBCrypto.

XRP whales buy the dip - Analyzing impact on price action

XRP has declined again after a slight rebound in the last trading session. Whales remained in the accumulation mode despite price decline. Ripple's [XRP] recent price decline has caught the The post XRP whales buy the dip - Analyzing impact on price action appeared first on AMBCrypto.

Toncoin 'tops' the social charts! How can TON's price benefit from it?

Toncoin rose to the top as the coin with the highest social and market activity in the last 24 hours Worth evaluating whether these findings can influence TON's short-term or long-term bullish The post Toncoin 'tops' the social charts! How can TON's price benefit from it? appeared first on AMBCrypto.