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18,000 Bitcoin (BTC) Moved to BitMEX Wallet

Published 08/15/2018, 02:17 AM
Updated 08/15/2018, 03:20 AM
 18,000 Bitcoin (BTC) Moved to BitMEX Wallet

18,000 Bitcoin (BTC) Moved to BitMEX Wallet

Only hours before Bitcoin made a recovery from its dip below $6,000, an enormous number of coins flew from 17 wallets to one that is associated with BitMEX.

At 4:50 AM New York time, a transaction involving 10 BTC went to a BitMEX-associated wallet. It didn’t seem like much, but less than half an hour later, another 16 wallets sent 17,990 BTC, bringing the suspected BitMEX wallet’s balance to a grand total of just a hair over 18,000 coins.

The dollar value of these coins sits right now at around $114 million.

This particular event started a small firestorm on Twitter, with users speculating that this was, in fact, a whale transferring a large amount of money to the exchange or that this is an attempt at market manipulatio...


This article appeared first on Cryptovest

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