Recently, a bitcoin whale has transferred more than 40,000 bitcoins (about $212 million) from one address (bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9) to another address (bc1q5shngj24323nsrmxv99st02na6srekfctt30ch).
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There is a lot of theory on Twitter about who this whale is. Some people speculate on Twitter that this whale is "Loaded" by Bitcointalk users, and he is a famous post on the forum. Loaded's post on the forum is as famous as his 40,000 bit bitcoin.
"Bitcointalk's famous whale Loaded is moving its 40,000 BTCs – Antoine Le Calvez (@khannib) May 1, 2019"
In addition, Loaded himself as the protagonist of the rumor did not confirm or deny the transaction.
It should be noted that, according to the transaction history of Blockchain.com, the bitcoin in this address shows a movement pattern from one address to the next, for no apparent reason.
Also note the first three characters of this address. "bc1" means that the address uses the SegWit protocol, which currently accounts for 40% of all Bitcoin transactions, according to transactionfee.info. Segwit is an agreement launched on August 23 to make bitcoin transactions faster and cheaper.
The data shows that the fee for transferring the $292 million in funds is only 57 cents. As reported earlier, Bitcoin charges often do not match the amount the user actually should pay. The researchers said the error was due to the fact that the consumer's wallet seemed to miscalculate the cost.
Although the transaction amount of these 40,000 bitcoins is not small, it is still dwarfed compared with a transaction on January 10 this year.
In January of this year, a transaction of 130004 bitcoins (about 742,972,860 US dollars) was sent to the address: 385cR5DM96n1HvBDMzLHPYcw89fZAXULJP. As of now, this is the second largest bitcoin transaction in history. The largest bitcoin transaction was a 500,000 BTC transaction on November 16, 2011.
Bitcoin whales open coin mode
As previously reported, bitcoin whales on the market seem to be experiencing a period of accumulation. In fact, the top 100 largest bitcoin wallet addresses have recently accumulated 150,000 bitcoins.
Based on this accumulation, it is inferred that the bitcoin in the wallet from which they came is less than 1000 and 10,000 bitcoins, respectively. As a result, “rich people” are becoming more and more wealthy – many of them are on the exchange – and crypto-asset speculators who are not well-informed continue to miss the opportunity.
In early April of this year, Tom Lee of Fundstrat Global Advisors also said that the past bitcoin whales have returned and started to repurchase on a large scale due to the positive shift in market sentiment. He says:
Bitcoin has experienced tough times in most of 2018 and 2019, and it has been steadily climbing. From the information we can collect, this is because there are many positive things happening. Many of the former Bitcoin whale wallets are buying bitcoin.