Bitcoin Insider Whale ‘1011’ Deposits 200 BTC to Kraken as Two-Week Total Reaches 5,603 BTC (~$6.27B)
According to Onchain Lens data, COINOTAG News reports that the 1011 Insider Whale moved 200 BTC to the Kraken exchange three hours ago, a transaction valued at about $22.32 million. The transfer highlights ongoing Bitcoin liquidity shifts and underscores the role of large whale activity in shaping short‑term market dynamics.
Over the past two weeks, the address has deposited 5,603 BTC, equating to about $6.271 billion at current prices. Such sustained inflows to a single address emphasize notable crypto market liquidity dynamics and attention on large Bitcoin holders.
Market participants should monitor how these large transfers influence the Kraken order book and broader exchange narratives. While not implying immediate price moves, the data underscore the ongoing impact of high‑profile insider activity on market sentiment.