What took occurred is that a cryptocurrency wallet that was previously unknown that had a total of $96,174,846 worth of Bitcoin (CRYPTO: BTC) has recently deposited its money onto Gemini.
This transaction is associated with the following bitcoin wallet address: 3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS.You are able to access more information on the transaction at this location.
Hardware wallets save the private keys of investors in an offline location, protecting their digital assets from theft through the internet.
Whales searching for liquidity send bitcoin to an exchange. The investor is unlikely to retain their bitcoin on Gemini, given the security concerns are larger than with a hardware wallet
This Bitcoin whale is likely to sell or trade Bitcoin for other cryptocurrencies.Bitcoin's 24-hour price change is 0%.