The well-known Blockchain Thru Alert tracks large cryptocurrency transfers and shares details on the official website and X account has discovered a massive Bitcoin Transfer from US-based crypto exchange Kraken.
About an hour ago, an anonymous whale withdrew nearly $800 million worth of Bitcoin from the crypto trading venue, but BTC recovered about 3.14% today after crashing 5% over the past two days.
Anon Whale accumulates Bitcoin
The aforementioned blockchain tracker revealed that an anonymous whale had withdrawn 7,402 BTC from Kraken and moved this large clump of code into an unknown wallet. This amount of crypto was valued at the impressive $767,696,757 on Fiat at the time of its launch.
Additional details provided by Whale Alert show that the whale currently holds 28,060.53711783 Bitcoin worth $2,910,803,697.
🚨🚨🚨🚨7,402 #BTC (767,696,757 USD)
– Whale Alert (@Whale_Alert) June 6, 2025
Metaplanet has announced the 555 Million Bitcoin Plan
Today, some metaplanets, known as the “Japanese Micro Strategy,” have announced ambitious new plans to acquire a total of 210,000 Bitcoin by the end of 2027. We intend to raise 77.09 billion yen ($5,349,701,701,701,701,701,701,701,701,701,701,701,000).
On June 2, the company announced that it had acquired an additional 1,088 BTC worth $112,961,600. Currently, the total amount of 8,888 BTC is held to equal $922,796,600, but that “icon” Michael Saylor’s strategy owns 580,955 BTC worth more than $61 billion.
Bitcoin recovers 3.34% after a plunge of 5%
At the time of pressing, Bitcoin is changing hands near the $104,000 level after regaining about 3.34% today. The rise drew massive prices plummeted when the world’s leading cryptocurrency fell by about 5%, down from $105,600.
The collapse came in light of the public’s discrepancy between President Trump and technological magnate Elon Musk. Musk has faced strictly against Trump’s recent tax and spending bills, and believes that if the bill is passed, it will increase another $5 trillion in the coming years. Trump threatened to cancel all government contracts with Elon Musk’s SpaceX.