Mystery

Bitcoin

Arkham

when

Billion

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While the crypto market continues to wipe out deposits on a large scale and liquidate overly greedy and late traders, large-scale cryptocurrency transfers involving unknown wallets continue to take place in the background. One such attention-grabbing transfer was the transfer of 666<a href="https://u.today/samson-mow-on-bitcoin-crash-supply-shock-is-coming" rel="noopener noreferrer nofollow">BTC</a>, which at current prices is equivalent to $62.17 million.
According to<a href="https://x.com/whale_alert/status/1870068992913621246" rel="noopener noreferrer nofollow">Whale Alert</a>, this transfer took place from an unknown wallet under the address “3NVeX” to the address which, according to the tracking service, belongs to Antpool, which is one of the largest mining pools in the industry.
Interestingly, at the same time, data from Arkham Intelligence shows that the transfer was made not to the address of the mining pool but to the custodial account of Cobo's, which is a popular Web3 wallet platform.
<blockquote class="twitter-tweet">
 🚨 🚨 🚨 666 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a> (62,171,790 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Antpool?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Antpool</a><a href="https://t.co/VRd8cUjHwN" rel="noopener noreferrer nofollow">https://t.co/VRd8cUjHwN</a>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1870068992913621246?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 20, 2024</a>
</blockquote>
This address, however, was not the last stop for the<a href="https://u.today/bitcoin-etfs-witness-largest-outflow-in-history" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> data, when another 17 BTC and a transfer of 683 coins was made to an unknown address, “3BHXy.” This Arkham address is also suspected to belong to Cobo, and its balance right now contains 5,435 BTC, which is equivalent to $511.53 million.
Such transfers excite the crypto public because they are often associated with the sale or purchase of cryptocurrency by a major player.
However, here, it is likely that this is not the case, and it is most likely just a transfer of<a href="https://u.today/expert-trader-predicts-when-bitcoin-btc-bulls-will-try-to-make-a-stand" rel="noopener noreferrer nofollow">Bitcoin</a> from one pocket to another. Thus, it can be concluded that the only sinister thing here is the initial amount of the transfer. <a href="https://u.today/mystery-666-btc-transfer-leads-to-half-billion-bitcoin-puzzle" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Mystery 666 BTC Transfer Leads to Half Billion Bitcoin Puzzle

U_Today

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