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...
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