A $ 6 trillion Bitcoin movement generated the asset’s fall to 11k levels

The last day of the second quarter of 2019 has generated a significant drop in the price of Bitcoin, from almost 6% to levels of $ 11,185.16 product of a series of transactions that were generated by an unknown wallet worth $ 6 billion. Dollars.

25 transactions worth $ 6 billion in block 583139 generated an unexpected movement in the community that was looking forward to a recovery of BTC to levels of 13k.

These transactions were part of huge linear transactions that started from the direction of the 3LAEo5ZKdMp3uPhKZ9BzXmn7WZAvhuSjL3 wallet and ended up in the 3AKWCzcxiNBxUhDJxVWN83wAgMje7pC3yv wallet address.

The first transaction was for an amount of 24392.93 BTC between the wallets 3LAEo5ZKdMp3uPhKZ9BzXmn7WZAvhuSjL3 and 3D9vAVJesUfkSWcpxMKnCbetNu3VQ2RTZT.

Another wallet, 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s received 300 BTC at the same time from the same sender. Later it was observed that this last address was a constant in the 25 transactions and had received a sum of 5,800 BTC.

Then the address of the receiver, 3D9VAVJesUfkSWcpxMKnCbetNu3VQ2RTZT, transferred 300 BTC more to 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s. In the same way, the chain of transactions continued 23 times more as could be seen in the Blockchain.com browser.

It is worth noting that in the transactions received by the wallet 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s you will find OP-Return transactions with embedded messages that indicated “We will buy your Bitcoins. sell.buy.bitcoin@protonmail.com “.

The balance indicated in the block explorer of this wallet is 5957.98 BTC, however, it received 5.9 M of BTC. The address of the wallet appears very active since BTC is circulating to other wallets. Apart from this portfolio, the original amount of 24392.93 BTC was sent to 24 other portfolios and the last received a sum of 18892.92 BTC and has not yet been spent.

The Bitcoin community eagerly awaits the crazed bull market, however, the collapse in its price comes under suspicious circumstances. Bitcoin Bot, which alerts the community of massive movements of BTC, noticed this grim pattern.

At the close of this edition, the BTC monitor indicated that in the last five minutes BTC slid 1.12% with BTC, marking a spot price of $ 11051.51 in Binance, representing a generalized drop of 6.88% in the last 24 hours. and a MarketCap decreasing to 320 billion dollars, a loss of 18 billion in just a couple of hours.

Reference: criptotendencia.com

Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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