18,000 Bitcoins worth over $200 million moved

The price of the largest cryptocurrency by market cap Bitcoin witnessed a 7.15% fall in the last 24 hours. Not very long ago, Bitcoin was seen surpassing $12,000, which did not last long as the price of the coin slumped down to $10,487, at the time of writing.

Whale Alert, a Twitter handle who alerts the community about transactions in the cryptocurrency ecosystem reported several extensive transactions over the past week. Recently, over a whopping $200 million worth of BTC was moved from an unknown wallet to an unknown wallet.

In a recent update, Whale Alert shared a series of tweets citing the transfer of  5,000 BTC, 6,000 BTC, and 7,000 BTC from the same wallet address to three different wallets. The transactions were initiated by wallet address 14gKbB4AfQ3GMEeojDYDNjhkjmS6hrxUtg and all the three transactions had the same timestamp of 03:54:22 UTC on 14 August 2019 with a transaction fee of 0.0000208 BTC.

The first tweet read,

“5,000 #BTC (53,104,514 USD) transferred from Unknown wallet to Unknown wallet.”

The transaction was carried out by the aforementioned wallet address to the wallet address 1Ehser8uNsySVCQXcnaN4MjWwFWTNasiVX. The hash for the transaction worth $53,104,514 was b3f27e1829f7b91301c9a5247f45457fa8de6354eaba9879caf9905eef10a0b7.

This was followed by another tweet that said,

“6,000 #BTC (63,725,416 USD) transferred from unknown wallet to unknown wallet”

This 6000 BTC or $63,725,416 worth transaction was initiated by the same the wallet address as before but to a different wallet address 1PSk8YMLYAYFfSyGjuaH7NvDZydK79ySB2. and the hash transaction was b3f27e1829f7b91301c9a5247f45457fa8de6354eaba9879caf9905eef10a0b7.

The third tweet indicated the last transaction was larger than the first two. The transaction was worth about $74,346,319 as 7,000 BTC was transferred from the previously mentioned wallet address to another unknown wallet address 14DHxoHYRXL9RudVAGxyzjjcPm9zCCZvXX.  The hash for the transaction was b3f27e1829f7b91301c9a5247f45457fa8de6354eaba9879caf9905eef10a0b7.

The wallet address 14gKbB4AfQ3GMEeojDYDNjhkjmS6hrxUtg  that initiated the three transactions currently has a total balance of 4,922.88657713 BTC.