The mysterious $361.5 million bitcoin transfer sparked heated debate within the U.Today community
U.Today – The crypto community is closely monitoring the blockchain space for large transactions, which reflect current whale activity. According to Whale Alert, a blockchain detective that monitors large cryptocurrency transfers, cryptocurrency whales transferred a huge amount earlier today.
Astounding Bitcoin Transfer Revealed
Just under six hours ago, the aforementioned blockchain data source shared the details of a crypto transfer, which carried nearly $400 million worth of Bitcoin.
The announcement stated that anonymous wallets exchanged $361,584,691 worth of Bitcoins — 3,856 BTC.
In a comment thread, user X pointed out the sheer power of blockchain transfers, which cannot be surpassed by bank transactions — the transfer fee for transferring $361.5 million to crypto was only 0.00066 BTC, which equals $61.57: “ It is the power to pay. This is how much you can pay for $2 fees.”
Another commenter wrote that it could potentially be an over-the-counter (OTC) buy/sell or crypto exchange/kit restructuring their crypto wallets: “Large BTC transfer indicates potential OTC offering or exchange cold wallet restructuring.”
Kiyosaki predicts that Bitcoin will reach $350,000
Over the weekend, well-known investor and author of the best-selling financial management book “Rich Dad Poor Dad,” Robert Kiyosaki, tweeted to talk to his multi-million audience on X about Bitcoin.
Kiyosaki touched on several topics in it. The first was to criticize the head of the world’s largest asset management fund, BlackRock (NYSE: ), Larry Fink. Kiyosaki tweeted that Fink had started dumping BTC, most likely referring to the company’s massive – close to $200 million – Bitcoin outflow in one day last week.
At the time, the author of “Rich Dad Poor Dad” said that he would continue to buy Bitcoin, contrary to his earlier tweets, in which he claimed that he would stop when BTC crossed $100,000. The world’s largest cryptocurrency jumped above $108,000 in early December, but is currently trading just above $93,000. Kiyosaki believes Larry Fink is pushing the price down so the whales can keep buying him.
Financial guru Kiyosaki also doubled down on his ultra-bullish price prediction, given about a month ago. According to him, the investment expert sees Bitcoin jumping as high as $350,000 next year, largely thanks to the pro-Bitcoin presidential candidate who won the recent election.