A handful of crypto whales moved a staggering $2.74 billion in Bitcoin (BTC) within a matter of 14 minutes.
The large crypto transfers were initially detected by blockchain tracker and analytics tool Whale Alert.
Whale Alert first noted at 11:40 p.m. PDT on July 27th that an unknown wallet transferred roughly 9,977 BTC, valued at over $399 million, to another unknown wallet.
That same minute, a separate and third unknown wallet transferred about 9,953 BTC, worth more than $398 million, to a fourth unknown wallet.
Simultaneously, a fifth unknown wallet transferred about 9,773 BTC, worth more than $391 million, to yet another wallet.
Nine minutes later, that sixth unknown wallet sent about 9,753 BTC, worth nearly $385 million, to a seventh unknown wallet.
Simultaneously, the fourth unknown wallet, which had just received more than $398 million in BTC nine minutes earlier, transferred 9,935.6 BTC, worth more than $392 million, to an eighth unknown wallet.
Six minutes later, that eighth unknown wallet sent 9,929.342 BTC, worth about $393.7 million, to a ninth unknown wallet.
And at the exact same time, the seventh unknown wallet, which had just received nearly $385 million worth of BTC six minutes earlier, sent 9,736.6875 BTC, worth more than $386 million, to a final 10th unknown wallet.
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Featured Image: Shutterstock/unnelmotions