According to BitInfoCharts data, a BTC whale trader transferred 7,000 BTC worth about $244 million to Bitfinex on Thursday evening. It is worth noting that the address had accumulated 46,500 BTC between November 2022 and January 2023 (becoming the world's 14th largest BTC holding address), with an average price per coin of less than $20,000. In late March and early April of this year, a total of 36,500 BTC was transferred to Bitfinex when the price was roughly near the year's high of around $30,000. Since then, the address has added another 2,000 BTC when Bitcoin fell to $26,000 in May. (CoinDesk)
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A BTC whale trader’s address transferred 7,000 BTC to Bitfinex on Thursday
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