Bitcoin

<div class="cryptonews">
 <p class="is-style-lead">Three wallets possibly be owned by the same person moved 6,500 BTC for the first time in six years.</p>
 <p>According to blockchain explorer OKLink, Bit<a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> (BTC) arrived at these three addresses on Nov. 5, 2017. The value of the <a rel="noopener noreferrer nofollow" title="transferred" href="https://thebittimes.com/tag/transferred.html">transferred</a> bit<a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> at the current <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> exceeds $230m.</p>
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   <img decoding="async" width="2490" height="414" src="https://cdn.thebittimes.com/images/2023/11/02/41d3123956cd049f8d846ee3eaebf569.webp" alt="Bitcoin addresses | Source: OKLink"> 
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   Bitcoin addresses | Source: OKLink
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 <p>According to on-chain data, the bit<a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> <a rel="noopener noreferrer nofollow" title="transferred" href="https://thebittimes.com/tag/transferred.html">transferred</a> by the whale belong to the so-called “ancient reserve”. This is what analysts call <a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> purchased or mined at least 7 years ago. Some BTC came from an address marked on bitinfocharts as&nbsp;F2Pool, which may belong to early miners.</p>
 <p>On Nov. 1, the Bitcoin rate set a new high from May 2022. At the moment, the price of the asset was above $36,000. Against the backdrop of a jump in the Bitcoin rate, the volume of liquidations on futures contracts reached $161m in 24 hours, according to CoinGlass.</p>
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   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/11/02/2ba37b788dce6f237020b8ece6950203.webp.webp">
   <img decoding="async" width="1102" height="548" src="https://cdn.thebittimes.com/images/2023/11/02/2ba37b788dce6f237020b8ece6950203.webp" alt="Whale transferred 6,500 Bitcoins as price reached $36k - 1"> 
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   Source: CoinGlass
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 <p>In addition, all assets from the top 10 by capitalization are in the “green” zone, according to CryptoRank.</p>
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   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/11/02/6e0b6fa0e49187b5f11c29b153a7f195.webp.webp">
   <img decoding="async" loading="lazy" width="2064" height="1214" src="https://cdn.thebittimes.com/images/2023/11/02/6e0b6fa0e49187b5f11c29b153a7f195.webp" alt="Whale transferred 6,500 Bitcoins as price reached $36k - 2"> 
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   Source: CryptoRank
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 <p>The jump in the Bitcoin rate occurred against the background of the announcement of the Federal Reserve’s decision on the interest rate. The regulator left it unchanged. It is noteworthy that immediately after the meeting the activist reacted with restraint. Following the rise of Bitcoin, the altcoin market also showed growth.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/whale-transferred-6-500-bitcoins-as-price-reached-36k-tbt68815.html">https://thebittimes.com/whale-transferred-6-500-bitcoins-as-price-reached-36k-tbt68815.html</a></p>

Whale transferred 6,500 Bitcoins as price reached $36k

TheBitTimes

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