$1 Billion BTC Leaves Major US Crypto Exchange, Are Whales Accumulating?
Over $1 billion has been withdrawn from a major U.S. cryptocurrency exchange, Kraken, through multiple large Bitcoin transfers on April 11.
Blockchain monitoring firm Whale Alert identified the mega transactions in a recent X post, as they were mysteriously executed by an unknown wallet.
While the move comes amid a global crypto market resurgence that saw Bitcoin and other altcoins retrieve previous gains, it has sparked speculations that Bitcoin whales are gradually waking up to the bull call by accumulating large amounts of Bitcoin to hold.
$2.4 billion Bitcoin leaves Kraken in one day
According to the post, Kraken experienced the massive $1…
