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 Whale Alert has noticed several lumps of crypto sent over the past sixteen hours, carrying 11,275 BTC - that's $118,042,485 in fiat.

11,275 mln BTC wired, Binance, OKEx largely involved

According to the data presented by Whale Alert, a short while ago, anonymous users moved almost $120 mln worth of Bitcoin in lumps.

Those portions of BTC carried between 1,000 BTC and $3,000 BTC and were sent between anonymous addresses and major crypto exchanges – Binance, OKEx and Huobi.

Some these transfers were made to the exchanges as deposits and some seem to be withdrawals to private wallets with unregistered owners.++

Speaking of anonymous wallets, as per the data shared by Glassnode, the number of Bitcoin non-zero addresses has hit an all-time high of 31,257,627.


Bitcoin’s recent movements

The flagship cryptocurrency has been declining since September 2, when BTC managed to rise its head above the $12,000 level but then suddenly reversed and began moving downwards.

On that day it declined to the $11,400 area and on the following day BTC was pushed even lower – under the $11,000 line after $1 bln worth of BTC futures contracts were traded on CME.

At press-time, Bitcoin is changing hands at $10,421 having increased a little up from $10,224 on Friday, as per CoinMarketCap.

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