The Crypto Community Monitor Large Transactions

The crypto community closely monitors the blockchain space for substantial transactions, reflecting current whale activity. According to Whale Alert, a blockchain tracker of large cryptocurrency transfers, a considerable amount of Bitcoin was recently transferred by cryptocurrency whales.

Significant Bitcoin Transfer Revealed

Less than six hours ago, Whale Alert shared details of a crypto transfer worth nearly $400 million in Bitcoin. The transfer involved the exchange of $361,584,691, amounting to 3,856 BTC.

> 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 3,856 #BTC (361,584,691 USD) transferred from unknown wallet to unknown new wallet. Link
> — Whale Alert (@whale_alert) December 30, 2024

In the comments, one user highlighted the power of blockchain transfers, emphasizing the minimal transfer fee of only 0.00066 BTC, or $61.57: “That’s the power of payment. You can pay this much for $2 fees.” Another commentator suggested this could indicate either an over-the-counter (OTC) deal or a restructuring of a cryptocurrency exchange’s cold wallets.

Bitcoin Predicted to Reach $350,000 by Kiyosaki

Over the weekend, renowned investor and author Robert Kiyosaki, known for the best-selling book Rich Dad Poor Dad, tweeted about Bitcoin to his large X audience. He criticized Larry Fink, CEO of BlackRock, who recently dumped nearly $200 million in Bitcoin in one day. Despite earlier claims of halting purchases when BTC surpassed $100,000, Kiyosaki stated he would continue buying Bitcoin, even though its current price is just above $93,000 after peaking at over $108,000. Kiyosaki believes that Fink may be suppressing prices to allow whales to buy more.

Kiyosaki reaffirmed his bullish price prediction from a month ago, suggesting that Bitcoin could reach $350,000 next year, largely fueled by a pro-Bitcoin presidential candidate’s recent electoral victory.