Massive $903 Million Bitcoin Transfer Stirs Crypto Market: What's Happening?

Bibhu Pattnaik

January 12, 2025

In a shock development in the crypto market, $903 million in Bitcoin (CRYPTO: BTC) was moved in several transactions within the last 24 hours, sparking widespread speculation about the intent behind these substantial transfers.

What Happened: The blockchain data tracker Whale Alert tracked 10 distinct high-value Bitcoin transactions. These transactions included the movement of Bitcoin between unidentified wallets and major exchanges such as Kraken, Binance, and Robinhood.

As per the data, among these transactions, 620 BTC valued at $58,495,235, 888 BTC valued at $83,875,225, and 1,027 BTC valued at $96,745,111 were transferred from Kraken to unknown wallets. Furthermore, 1,164 BTC valued at $109,706,616 were moved between unknown wallets.

🚨 🚨 🚨 620 #BTC (58,495,235 USD) transferred from #Kraken to unknown wallethttps://t.co/0YvAcenIyX
— Whale Alert (@whale_alert) January 11, 2025

Other significant transfers encompassed 600 BTC valued at $56,816,922 moved from Robinhood to an unknown wallet, 999 BTC valued at $93,643,885 sent from an unknown wallet to Binance, and 640 BTC valued at $60,789,981 and 775 BTC valued at $72,929,703 transferred from Kraken to unknown wallets.

Also Read: Analyst Warns of Bitcoin’s Uncertain Future Amid Key Support Breakdown: ‘It Could Get Ugly’

Additionally, 1,881 BTC valued at $176,504,307 and 1,003 BTC valued at $94,116,863 were moved from unknown wallets to the Kraken crypto exchange.

Why It Matters: The reasons behind these large-scale movements are still uncertain. However, deposits to exchanges could imply an intention to sell, while withdrawals could suggest buying. Over-the-counter trades outside of crypto exchanges could be another potential explanation.

At the time of writing, Bitcoin was trading at $94,568, up by almost 1% in the last 24 hours, and below its all-time high of $108,268 which reached on Dec. 17, 2024.

Retire Comfortably with These New Monthly Income ETFs? - Ad

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

President Donald Trump has revealed that his administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States.

What to know about missing Malaysian Airlines Flight MH370 as search resumes

KUALA LUMPUR, Malaysia (AP) — More than a decade ago, Malaysia Airlines Flight MH370 vanished without a trace, sparking one of aviation’s most baffling mysteries.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Alibaba's New AI App Qwen Becomes One Of Fastest-Growing Globally

Alibaba's Qwen app becomes a major player in the global AI race, with 149% MAU growth and strong stock performance for the Chinese e-commerce giant.

5 Financial To-Dos Before the End of 2025

As 2025 winds down, here are some moves to help you finish the year strong financially. Morningstar’s director of personal finance and retirement planning, Christine Benz, discusses strategies.

The $43B Big Pharma Story is Starting Over-With a New Player

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Officer Injured By January 6 Predicts Trump Will Flee US After 2026 Elections: 'He'll Be Hopping on That Qatari Jet to Saudi Arabia'

Former District of Columbia Metro police officer Michael Fanone has speculated that President Trump might leave the U.S. after the 2026 elections.

Here's why everyone's talking about a 'K-shaped' economy

WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

US air travelers without REAL IDs will be charged a $45 fee

Air travelers in the U.S. without a will be charged a $45 fee beginning in February, the Transportation Security Administration announced Monday.

Trump says he's rebuilding Dulles airport while his administration is fixing the 'people movers'

WASHINGTON (AP) — President Donald Trump said Tuesday that his administration will embark on a reconstruction of Dulles International Airport in northern Virginia.

The Smart Money Copper Trade

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

Here's How Americans Spent a Record $18 Billion Chasing Thanksgiving Week Deals

American consumers have demonstrated their purchasing power this Black Friday.

BRICS Outpaces G7, The Undeniable Economic Rebalancing

BRICS+ now has a larger share of world GDP than G7. BRICS+ GDP, measured in PPP, is $75.6 trillion vs. G7's $56.6 trillion.

Legally "Skim" $6,361 Into Your Account?

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Nikki Haley's Son Says GOP Must Act Or Lose Gen Z To 'Mamdani-Style' Socialism: 'We Are Going In The Opposite Direction'

Nalin Haley, conservative activist and the son of former Republican presidential contender Nikki Haley, has spoken out about the challenges faced by his generation, Gen Z, and the need for Republicans to address them.

Some friendly, some on-the-news questions at first briefing for new Pentagon press corps

The new journalism guard is officially in at the Pentagon. And the questions being asked of those running the world's most powerful military range from softballs to pointed queries to performances.

$270,000 Drug. One Competitor. Billion-Dollar Market.

$270,000 Drug. One Competitor. Billion-Dollar Market. - Ad

Phase 3 trial targets recurrent pericarditis with an oral therapy that could disrupt the only approved treatment. And their heart failure program launches in 2026.

US Debt Of $38 Trillion Now A 'National Security Crisis,' Warns Top Economist, Another Blames Political Polarization: 'Neither Party Is…'

Richard Haass, the president of the Council on Foreign Relations, and other economists have sounded the alarm about the U.S. national debt, stating that it poses a significant threat to the country's security and global standing.

A New Take On Bitcoin, Ethereum And IPO Investing? VistaShares' ETF Quartet Suggests So

VistaShares files four new ETFs combining Bitcoin, Ethereum and IPO themes with yield-focused strategies.

The Next Biggest Bull Run In Over 50 Years

The Next Biggest Bull Run In Over 50 Years - Ad

Gold has hit all-time highs, breaking $4,000 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Peter Lynch on AI Stocks: 'I Literally Couldn't Pronounce Nvidia Until About Eight Months Ago'

Peter Lynch has stated that he does not hold any artificial intelligence (AI) stocks, despite the sector's recent surge.

Elon Musk Says He Doesn't Buy Stocks, But Thinks Google Will Be 'Pretty Valuable' In The Future And Nvidia's An 'Obvious' One

Elon Musk says he doesn't invest in stocks but believes Google and Nvidia are best positioned to dominate the future economy through AI, robotics, and space, while both companies continue to post strong earnings and market gains.

Retire Comfortably with These New Monthly Income ETFs?

Retire Comfortably with These New Monthly Income ETFs? - Ad

Retirement should be freedom, not stress. Yet outdated advice and tiny returns leave many trapped. Kelly G. broke free with a revolutionary income strategy once reserved for the wealthy - hitting her "Freedom Number" faster than she dreamed. You might already have enough too.

Ukrainian Naval Drones Cripple Two Russian Oil Tankers In Black Sea, Disrupt Moscow's Shadow‑Fleet Operations

Ukrainian naval drones struck 2 sanctioned tankers in Black Sea, critically damaging both and crippling a key Russian oil‑transport route.

Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979

Silver prices surge over 5% as investors rush to secure metal amid tight supplies and global shortage concerns, driving up stocks and mining equities.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

A third Russian tanker attacked in the Black Sea, Turkish authority says

ANKARA, Turkey (AP) — A tanker carrying sunflower oil from Russia to Georgia was attacked in the Black Sea, the Turkish maritime authority said Tuesday, days after by .

OpenAI CEO Sam Altman declares 'code red' to improve ChatGPT amid rising competition in AI chatbots

SAN FRANCISCO (AP) — OpenAI CEO Sam Altman has set off a “code red” alert to employees to improve its flagship product, ChatGPT, and delay other product developments, according to The Wall Street Journal.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Iran confirms seizure of oil tanker in the Strait of Hormuz

TEHRAN, Iran (AP) — Iran on Saturday confirmed as it traveled through the narrow Strait of Hormuz over violations including carrying an illegal consignment, state media reported.

AI may be scoring your college essay. Welcome to the new era of admissions

Students applying to college know they can’t — or at least shouldn’t — use AI chatbots to and personal statements. So it might come as a surprise that some schools are now using artificial intelligence to read them.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Bitcoin, Ethereum, Dogecoin Dip, While XRP Ticks Up: Analyst Assumes BTC Will Test New Lows In Upcoming Week

Leading cryptocurrencies inched lower on Sunday as investors maintained a subdued risk appetite.

A lost generation of news consumers? Survey shows how teenagers dislike the news media

NEW YORK (AP) — Cat Murphy, a college student, has wanted to be a journalist since she was 11. Many of her friends don't understand why.

The $43B Big Pharma Story is Starting Over-With a New Player

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Will Santa Claus Rally Fail? Wall Street Divided Amid Mounting Volatility, Bearish Options Activity

Analysts offered mixed signals on the S&P 500's near-term outlook making a Santa rally uncertain, pointing to potential volatility, amid atypical seasonality and rising bearish options sentiment.

Trump's $2,000 Tariff Dividend Stumbles On Math: Cost Far Exceeds Revenue

Trump's $2,000 tariff rebate plan faces a major math gap, with estimated costs up to $606.8B—far exceeding tariff revenues in 2025 and 2026, says the Tax Foundation.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Tax-Free Student Loan Forgiveness Expires In 2026, Who Owes More Next Year?

The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.

Trending Now