$277 Million Bitcoin (BTC) Transfer Stuns Major Crypto Exchange
On-chain data tracking platform Whale Alert has spotted massive Bitcoin transfers flowing into a major U.S.-based cryptocurrency exchange, Kraken, according to an X post on Friday.
Massive BTC transfer sparks doubts
The tracker revealed up to 2,529 BTC worth more than $277 million have been transferred into the exchange in less than 2 hours.
The large Bitcoin transfer, which suggests that Bitcoin whales might be making attempts to sell off their assets, happened in two separate transactions.
The first transfer saw 900 BTC worth $97,830,897 move from the world’s leading…
