According to the latest data published by Whale Alert, a blockchain tracking and analytics firm, the total value of the BTC transfer stands at around $194 million.
During the first week of April 2021, BTC whales moved 21,334 Bitcoin within 2 hours after the world’s largest cryptocurrency jumped above $60,000.
The latest increase in the network activity of the world’s most valuable digital asset and its whale activity is due to a jump in Bitcoin’s institutional adoption.