Shocking Bitcoin Transfer: $620 Million Vanishes in a Flash! 💸💥

by

Well, well, well! It seems our favorite blockchain babysitter, Whale Alert, has spotted a whale-sized transfer of Bitcoin worth more than $600 million! 🐋💰

Meanwhile, Bitcoin, the diva of cryptocurrencies, has decided to strut its stuff and bounce back after hitting the $110,000 mark. Talk about a comeback! 🎉

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 5,637 #BTC (620,873,331 USD) transferred from unknown wallet to unknown wallet. It’s like a game of hide and seek, but with money! 💸🤷‍♂️

— Whale Alert (@whale_alert) June 10, 2025

$620.8 million Bitcoin transfer triggers community

So, this mysterious transfer happened about nine hours ago, and it’s got the crypto community buzzing like a beehive on caffeine! 🐝☕️ 5,637 BTC, worth a jaw-dropping $620,873,331, zipped from one anonymous wallet to another. Who needs a magic show when you have crypto? 🎩✨

Of course, the crypto folks are all in a tizzy! Large transactions like this usually send retail investors into a panic. One brave soul on X even suggested it was just an internal transfer. But hey, Whale Alert didn’t confirm that, so it’s all just speculation—like trying to guess the ending of a bad movie! 🎬🤔

Bitcoin price breaks above $110,000

In other news, Bitcoin has decided to break through the $110,000 resistance for the second day in a row! It’s like watching a toddler learn to walk—one step forward, two steps back! 👶💥

After a little tumble back to $108,000, BTC got back up and soared to $110,300! Why? Well, it seems the Bitcoin ETFs have been on a shopping spree, and the new SEC chairman, Paul Atkins, is throwing around compliments like confetti! 🎊

Bitcoin ETFs absorb $391.43 million BTC

According to the latest gossip from Lookonchain, Bitcoin ETFs have gobbled up nearly $392 million! This time, Fidelity is the star of the show, snatching up 1,593 BTC worth $174.86 million. BlackRock? Oh, they’re just sitting there with their 198,075 BTC, looking like the kid who brought the most snacks to the party! 🍕😎

June 10 Update:

10 #Bitcoin ETFs
NetFlow: +3,565 $BTC(+$391.43M)🟢#Fidelity inflows 1,593 $BTC($174.86M) and currently holds 198,075 $BTC($21.75B).

9 #Ethereum ETFs
NetFlow: +22,145 $ETH(+$61.38M)🟢#iShares(Blackrock) inflows 13,620 $ETH($37.75M) and currently holds 1,526,751…

— Lookonchain (@lookonchain) June 10, 2025

And let’s not forget BlackRock’s iShares ETF, which just vacuumed up 1,113 Bitcoins worth $121,930,708. Now they’re sitting on a whopping 662,571 Bitcoins! That’s a lot of digital dough—enough to make even Scrooge McDuck jealous! 🦆💵

Read More

2025-06-11 12:35