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Bitcoin whale transfers $104m worth of cryptocurrency amid Tesla, Apple interest

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LONG READ... CBN CRYPTOCURRENCY BAN: What is the noise about?

Bitcoin Whale has moved thousands of Bitcoin, according to a cryptocurrency analytic tracker, Bitcoin Block Bot.

Bitcoin whales are known as the largest holders of Bitcoin in the cryptocurrency market.

Their activities are often felt in the market.

Bitcoin Block Bot reported that the unknown person moved 2,199 Bitcoin worth $104 million in block 670,334.

Bitcoin traded over $47,000 when the Whale moved its Bitcoin.

READ ALSO: Despite CBN claim of investors’ apathy towards cryptocurrency, Elon Musk acquires $1.5bn Bitcoin

Bitcoin has dipped by -1.36 percent in the last 24 hours.

Currently, Bitcoin trades at $46,826. But its highest trade price in the last 24 hours was $48,189.78.

Note that Whales are individuals or businesses that have 1,000 Bitcoin and above.

The movement of Bitcoin usually affects the cryptocurrency market trend.

The latest movement occurred at a time Bitcoin trade price is hitting high numbers and reputable companies like Tesla investing in Bitcoin while Mastercard and Apple begin moves to incorporate it into their payment service.

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