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Bitcoin Whales Just Split Up $5.5B Into Smaller Wallets. Whale activity is an anomaly compared to regular whale activity. Whales have sent a total of 423,914 BTC to other addresses on the blockchain. That’s equal to 5.5 billion dollars divided up in “smaller wallets” which hold under 1,000 BTC. The smaller transactions are the easiest way to avoid attracting attention from regulatory bodies. Large holders of Bitcoin could also be trying to exchange their BTC without revealing the source or nature of the transaction.
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