Bitcoin whale moves above 3K BTC with price crossing $45K.

Bitcoin, the world’s first digital currency, once again created a hurricane of speculation across the global cryptocurrency landscape on Monday following notable whale activity recently registered by the token. Notably, with more than 3000 BTC in motion, according to publicly available blockchain data from the broader cryptocurrency market, the Bitcoin ETF approval has caught the attention of cryptocurrency market traders and investors globally as it looms over the cryptocurrency horizon.

Moreover, after witnessing very volatile trading today, Bitcoin price has now made significant progress above $45,000 once again. At the same time, whale trading has also been in the spotlight as the Bitcoin market charts are showing a phenomenal upward trend.

A closer look at BTC whale transfers

According to data released by Whale Alert, the last 24 hours on Monday, January 8 saw a series of five transactions involving the movement of 3,172 BTC between wallets and exchanges. Additionally, three of these transactions took place. 2,153 BTC worth $94.84 million was delivered to Binance, the world’s leading cryptocurrency exchange.

Additionally, another transaction has piqued the interest of traders globally, seemingly moving 499 BTC from Binance to an unknown wallet. In line with this, data shows that $21.94 million worth of BTC was moved from CEX to unknown wallets.

Lastly, in another transaction that attracted considerable attention, 520 BTC worth $22.81 million was transferred from Kraken to an unknown wallet.

Interestingly, these transactions appeared during the Bitcoin ETF week, sparking further speculation about the token. Meanwhile, Bitcoin price also appears to have weighed in on the chronology.

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bitcoin price rocket

At the time of writing, the Bitcoin price has seen a significant increase of 1.80% in the last 24 hours and is currently trading at $45,157.56. Moreover, this rise was accompanied by a 5.73% weekly surge.

As can be seen from the market chart, the BTC price has once again surpassed $45,000, sparking optimism for the token. Moreover, as the halving and Bitcoin ETF approval get closer, the price is expected to rise further, increasing market optimism for the token.

allAlso Read: Bitcoin ​ETF Expectations Contribute to $151 Million Inflows into Digital Assets

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