Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address

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By Helen Partz

The recipient wallet of the $1 billion Bitcoin (BTCtransaction on Sept. 6 is now presumed to be the first richest non-exchange address.

The recipient wallet of the massive 94,504 Bitcoin ($1.031 billion) transaction is the top richest Bitcoin address that is not reportedly associated with any crypto-related company, according to data from monitoring resource Bitinfocharts.

A third of the coins came from Huobi

According to data by London-based blockchain data provider TokenAnalyst, at least one third of the mysterious transaction directly originates from Huobi exchange. Another analyst, blockchain data and metrics firm Glassnode tweeted that at least 73,000 BTC from the transaction originate from Huobi.

According to an earlier tweet by Crypto Herpes Cat, at least two Bitcoin wallets involved in the notable transaction belong to Huobi. One of the specified wallets is directly involved in the transaction. 

Continue Reading at Cointelegraph.com

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