U.Today – Analytics account @spotonchain has drawn the attention of the crypto community to two massive transfers that have taken place in the last 24 hours, just after the world’s flagship cryptocurrency BTC skyrocketed to a new peak record above $107,000.
In total, more than two and a half billion dollars have been transferred. The report revealed that there are big players behind these transactions. One of them is the non-functional crypto exchange Mt. Gox.
Mt. Gox and Marathon Digital (NASDAQ 🙂 launch 23,664 Bitcoins
Spotonchain revealed that two entities initiated large Bitcoin transactions, transporting 23,664 BTC in total. That amount of Bitcoin is valued at approximately $2.51 billion in fiat currency.
The first entity to participate in this was one of the first crypto exchanges, the infamous Mt. Gox. According to the data shared, this platform transferred 1,620 BTC worth $172.5 million in the last six hours. That included a transaction of 1,320 BTC to its internal management and the B2C2 Group.
Since the beginning of November, Mt. Gox has transferred 7,500 Bitcoins (approximately $650 million) to B2C2. Spotonchain believes the likely goal here was to make payments to creditors. As of now, Mt. Gox holds 37,404 BTC in total. This is equivalent to 4.02 billion dollars.
The second Bitcoin booster was the BTC miner Marathon Digital. It has transferred a much larger portion of Bitcoin than Mt. Gox: 22,044 BTC valued at a whopping $2.34 billion in the last 14 hours. That huge amount of cryptocurrency was distributed in 40 wallets, which are not identified.
The Bitcoin miner has $1.54 billion worth of BTC, or 14,364 Bitcoin.
“Start buying Satoshis,” says Robert Kiyosaki
Investor and financial expert Robert Kiyosaki, also known for his best-selling book “Rich Dad Poor Dad,” posted a tweet to highlight Bitcoin’s rise to the new record high of $107,780.
Kiyosaki highlighted that Bitcoin has remained above $106,000 without falling further. He admitted that while almost no one can afford to buy a full BTC, it is possible to stock up on Bitcoin in particles called Satoshis.
Therefore, one can acquire any amount of Satoshis one can afford. The financial expert stated that this is “the genius of Bitcoin.” Therefore, Kiyosaki urged his followers to start buying Satoshis before these small Bitcoin particles also skyrocket to $107,000 per unit.
This article was originally published on U.Today.