"Deposit of 1,000 Bitcoin (BTC) to Kraken... Approximately ₩146.6 billion in value"
Minseung Kang
Summary
- A deposit of 1,000 Bitcoin (BTC) was reported at the Kraken exchange.
- This deposit is said to be worth about ₩146.6 billion.
- It is reported that large-scale coin deposits can cause an increase in selling pressure and expand short-term volatility.
A deposit of 1,000 Bitcoin (BTC) has been made to Kraken.
According to the cryptocurrency transaction tracking site Whale Alert on the 28th, around 16:46, 1,000 BTC was deposited to the Kraken exchange. This is valued at approximately $107.45 million (about ₩146.6 billion).
Typically, large-scale cryptocurrency deposits to exchanges can lead to an increase in selling pressure, which may cause short-term volatility.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
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