Bitcoin whales transfer bitcoins worth more than $500 million in three hours

According to Whale Alert, some whales completed 9 large bitcoin transfers in just three hours, starting at 18:00 Beijing time, totaling $532 million. The source of most transfers is unknown (there is a transfer from the stock exchange) and a transfer to the Bitfinex exchange. This means that traders may have sold $16 million worth of BTCs (9792) to the market.