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Heavy Bitcoin whales’ action before US election

Saad B. Murtaza by Saad B. Murtaza
November 3, 2020
in Research News
3 min read
Heavy Bitcoin whales action before US election
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  • Bitcoin whales are buying hefty amounts of BTC before the US election.
  • Bitcoin whales are likely to pump up the price action post elections.
  • Despite the apparent increase in demand Bitcoin price is falling.

Bitcoin whales are buying hefty amounts of Bitcoin where 35,141 BTC have been bought and transferred to unknown wallets from Coinbase and Binance whereas, 28,896 BTC have been transferred from unknown wallets to the same exchanges. The series of transactions started about 13 hours from the time of writing and the last transaction was made about 30 minutes ago. The king of cryptocurrency also observed heavy Bitcoin whales movement on Sunday following a dip in the price from the $13700 range to the $13200 range.

List of Bitcoin whales’ transactions before US election

Whale Alert service has reported 21 transactions from exchange to unknown wallets and 17 transactions carrying BTC from wallets to exchanges.

  1. 1,084 #BTC (14,590,258 USD) transferred from #Coinbase to unknown wallet
  2. 2,019 #BTC (27,419,227 USD) transferred from #Binance to unknown wallet
  3. 823 #BTC (11,211,079 USD) transferred from #Binance to unknown wallet
  4. 1,975 #BTC (26,845,243 USD) transferred from #Binance to unknown wallet
  5. 1,989 #BTC (27,074,917 USD) transferred from #Binance to unknown wallet
  6. 1,952 #BTC (26,565,217 USD) transferred from #Binance to unknown wallet
  7. 1,100 #BTC (14,972,239 USD) transferred from #Binance to unknown wallet
  8. 1,987 #BTC (26,945,851 USD) transferred from #Binance to unknown wallet
  9. 1,902 #BTC (25,868,641 USD) transferred from #Binance to unknown wallet
  10. 1,967 #BTC (26,735,531 USD) transferred from #Binance to unknown wallet
  11. 1,888 #BTC (25,443,080 USD) transferred from #Binance to unknown wallet
  12. 1,900 #BTC (25,686,130 USD) transferred from #Binance to unknown wallet
  13. 1,833 #BTC (24,751,410 USD) transferred from #Binance to unknown wallet
  14. 1,801 #BTC (24,616,919 USD) transferred from #Binance to unknown wallet
  15. 1,760 #BTC (23,709,282 USD) transferred from #Binance to unknown wallet
  16. 1,591 #BTC (21,237,142 USD) transferred from #Binance to unknown wallet
  17. 1,690 #BTC (22,565,959 USD) transferred from #Binance to unknown wallet
  18. 1,762 #BTC (23,649,721 USD) transferred from #Binance to unknown wallet
  19. 740 #BTC (9,994,196 USD) transferred from #Coinbase to unknown wallet
  20. 1,675 #BTC (22,624,494 USD) transferred from #Binance to unknown wallet
  21. 1,703 #BTC (22,998,045 USD) transferred from #Binance to unknown wallet

List of Bitcoin transactions from unknown wallet to exchanges

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  1. 1,000 #BTC (13,572,280 USD) transferred from unknown wallet to #Coinbase
  2. 860 #BTC (11,833,605 USD) transferred from unknown wallet to #Coinbase
  3. 1,975 #BTC (26,960,485 USD) transferred from unknown wallet to #Binance
  4. 1,921 #BTC (26,213,314 USD) transferred from unknown wallet to #Binance
  5. 840 #BTC (11,463,920 USD) transferred from unknown wallet to #Coinbase
  6. 1,991 #BTC (27,129,542 USD) transferred from unknown wallet to #Binance
  7. 1,993 #BTC (27,164,163 USD) transferred from unknown wallet to #Binance
  8. 1,959 #BTC (26,626,525 USD) transferred from unknown wallet to #Binance
  9. 1,909 #BTC (25,987,899 USD) transferred from unknown wallet to #Binance
  10. 1,991 #BTC (27,096,271 USD) transferred from unknown wallet to #Binance
  11. 1,000 #BTC (13,611,125 USD) transferred from unknown wallet to #Coinbase
  12. 1,938 #BTC (26,297,340 USD) transferred from unknown wallet to #Binance
  13. 1,984 #BTC (26,905,437 USD) transferred from unknown wallet to #Binance
  14. 1,893 #BTC (25,738,187 USD) transferred from unknown wallet to #Binance
  15. 1,974 #BTC (26,843,801 USD) transferred from unknown wallet to #Binance
  16. 1,783 #BTC (24,211,606 USD) transferred from unknown wallet to #Binance
  17. 1,885 #BTC (25,618,573 USD) transferred from unknown wallet to #Binance
Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

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