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Writer's pictureAnu Bhardwaj

94,000 Bitcoins worth $1 billion moved to an unknown wallet, Is it Bakkt ?

More than 94,000 bitcoins, currently valued over $ 1 billion, recently sent into an unknown wallet making it world's fifth largest bitcoin holding wallet.

More than 94,000 bitcoins, currently valued over $ 1 billion, recently sent into an unknown bitcoin wallet. It may be possible that the wallet is associated with Bakkt, with Bakkat's bitcoin futures being scheduled to launch on Sept 23 and Bakkt customers to initiate warehouse deposits on Sept 6. It is possible that the bitcoin received address is related to the them.

Few hours ago, 15 addresses containing bitcoins were sent to just one address, which now holds 94,505.8 BTC, where more than half of BTC around 56% came from one address. Another 42% of BTC come from other addresses. The total transaction fee was approximately 0.00007% ($710) of the total amount received.


It is also very interesting to know that the wallet address is now the fifth largest Bitcoin wallet in the world, and it is now the largest wallet not connected to the cryptocurrency exchange. #Bitcoin #Bakkt #BitcoinNews #BitcoinWallet #CryptoWallet

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