According to PRO’s “Large Trade” monitoring, after ETH showed consecutive large trades, Kraken’s BTC institutional funds have also begun to move. At 17:33 today, a major institutional market order bought 98.89 BTC for $7.67 million at a price of $77,507.8. BTC is currently trading at $77,568.5, meaning this institutional trader is slightly in profit. Special note: - U.S. equities markets are closed tonight. - Recent activity in large trades on Kraken has significantly increased—monitor closely for any further consecutive large transactions.
Kraken BTC sees $7.6M large trade amid increased activity
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Summary
BTC price reached $77,568.5 after a $7.6M trade on Kraken purchased 98.89 BTC at $77,507.8 on Tuesday at 17:33. Large trades on the platform have increased recently. BTC dominance remains stable as traders respond to the move. U.S. stock markets are closed tonight.
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