Bullish

Whale transfers $20.1M in BTC (Bitcoin chain)

2026-08-05 05:04

On-chain data shows a whale transferred 312.49 BTC, worth $20.1 million, between two Bitcoin network wallets.

On-chain monitoring: 312.49 BTC (worth 20.1M) were transferred from an on-chain wallet (sender) to another on-chain wallet (receiver). Sender address: 38ACfxHJwKnKFW2Evmnk58Aj9CBF7t3T88; Receiver address: bc1q42lp8zp8gfcr9x79sz53r7m63jk7jt3jluap56.

WOOFUN AI

Impact Assessment · Quick Read

This large transfer reflects typical whale activity; while not moving to an exchange, it may signal portfolio rebalancing or preparation for future moves. Such flows often draw market attention, and investors should watch for subsequent sell-offs or cold storage deposits to gauge short-term selling pressure.
Generated by WOOFUN AI · For reference only, not investment advice

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