Massive Bitcoin transfer of $624M

Huge Bitcoin transfer of $624 million

Today the cryptocurrency market experienced the second-largest liquidation in history — nearly $700 million in long orders were wiped out overnight due to the price of $BTC dropping to $54,000

A transaction for 11,302 $BTC, equivalent to $624 million, moved between unknown wallets throughout the day. Arkham identified that these wallets belong to BitMEX

More data on the transfer can be found here

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