CandleFocus Mammoth $2.51 Billion in Bitcoin in Past 20 Hours – What’s Going On?
2024-12-17
Author: Content Editor
Two large Bitcoin transfers, totaling over $2.5 billion, have caught the attention of the crypto community. One of the entities involved is the defunct exchange Mt. Gox, which transferred 1,620 BTC worth $172.5 million. This is part of a larger movement of 7,500 Bitcoins to B2C2 since November. The other entity is BTC miner Marathon Digital, which transferred 22,044 BTC worth $2.34 billion. Investor Robert Kiyosaki highlighted Bitcoin's new record peak and encouraged people to buy Satoshis, as they can be purchased in smaller denominations.
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