Bitcoin whale with over 94,000 BTC pushes Bitcoin to Huobi

The mysterious "Asian whale" who has collected about 94 000 bitcoins for the first half of 2018 has begun to move cryptocurrency there from where she has come, namely to one of the exchanges of cryptocurrencies. Writes CCN about it.

According to data from a blockchain, bitcoin the address 1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7 has brought together more than 93 947 BTC for the two-month period from March 25 to May 27.

Since the end of May the balance of the address has fallen to 8 000 BTC. 4 000 BTC have been sent directly to the Huobi exchange for 2 transactions of the identical size. Other 4 000 BTC have been passed through third-party purses and also have appeared at the Huobi exchange.

Even after these manipulations the called address remains to the sixth the largest in an ecosystem of bitcoin and is estimated approximately at $650 million.

Who possesses this purse, it is unknown. The majority of large addresses is in possession of the exchanges of cryptocurrencies. 5 addresses surpassing this address belong to the Bitfinex, Binance, Bittrex, Huobi and Bitstamp exchanges respectively.

The majority of such addresses represents the cold purses which don't have constant connection to the Internet and differing in the increased safety. Many of them begin with figure "3" and are addresses with the multisignature, that is demand existence of several keys for money transfer.

The considered address hardly belongs to any exchange as it collects cryptocurrency from different sources. It is also not the address with the multisignature as begins with "1".

Data of WalletExplorer say that the most part of means has arrived from the Singapore exchange Huobi and the Chinese purse of HaoBTC that allows to assume that its owner is the inhabitant of Asia or the service located in this region.

As the Chinese edition BABI Finance, the most part of the means which are on this address has established, have been received by off-exchange purchase of bitcoins. Large buyers and sellers often address off-exchange platforms which allow them to conclude bargains out of standard bid books and to exert the minimum impact on a market rate of an asset.

BABI also refers to the anonymous source connected with off-exchange trade in cryptocurrencies which has reported that the address belongs to the broker from Dubai concluding bargains on behalf of the unknown person.