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A user has transferred the BitTorrent token from an unknown portfolio to a portfolio under Binance. The user sent 1.65 billion BTT, worth about 1.04 million dollars [$1,045,068].
1,650,000,000 #BTT (USD 1,045,068) transferred from an unknown portfolio to #Binance
Tx: https://t.co/jUxXnBg1jG
– Whale alert (@whale_alert) May 5, 2019
The transfer took place at 05h16 UTC, May 5th. The sender, at the time of printing, had no token in balance, however, the wallet had 0.1 TRX.
Source: WhaleAlert.io
Interestingly, the receiver has a total of $ 280 million in Tron [TRX]. In addition to TRX, the receiver had a mbadive collection of BitTorrent chips; a total of 39.11 billion BTT, among other tokens. The user had approximately 41 trillion "TESTTWO" tokens, 1 trillion "similar" tokens, 1 billion "TronKey" tokens, and more.
BitTorrent is a TRC-10 utility token based on the TRON blockchain to accelerate speed on the world's largest distributed application. In addition, the official website of BTT indicated:
"BitTorrent Speed improves the BitTorrent protocol for all users and all torrent clients. BitTorrent Tokens (BTT) can be submitted in exchange for faster downloads. Tokens will be stored in an integrated wallet and may be exchanged for TRON tokens via a decentralized exchange. "
The token is listed on some important exchanges in space, including Binance, Bittrex, OKEX, Huobi HitBTC and Bithumb, among others. BTT, at the time of the press, was priced at $ 0.0006 and had a market capitalization of $ 131 million. The chip was ranked 50 on CoinMarketCap.
A Twitter user @crazeonc tweeted:
"Someone has planned to unload his BTT plane at binance coz, it's shit money"
Another Twitter user, @barirayban, commented:
"No Justin, do not reject on your followers …"
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