Mysterious Transaction from the 30th Richest Person in the Bitcoin World: $1.19 Billion! - Coin Bulletin

One of the names with the largest amount of Bitcoin in the world has started distributing their coins to different wallets.

According to the mempool data, a wallet address starting with '3DR2iG', which is in the 30th place on the Bitcoin rich list, transferred 11.999 BTC to another address starting with '31wXuL' at 05:08 today. This transaction is approximately worth 1.19 billion dollars. Please provide the text to be translated.

The reason for the transaction is unknown

After this major transfer, there are still 15.357 BTC (approximately 1.506 billion dollars) in the address “3DR2iG”, indicating that the wallet continues to hold a large amount of Bitcoin.

Such large-scale transfers often arouse curiosity in the market. The transfer can be interpreted as a cold wallet arrangement, an over-the-counter (OTC) trading transaction, or an on-exchange movement. However, it is still unknown whether it has any direct impact on sales or the market.

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