Mystery: Who Just Moved a Billion Dollars in Bitcoin and Why?

Last week, an unknown person or group transferred 94,505 bitcoins valued at over $1 billion USD in the largest bitcoin single transaction ever.. Now, observers are scratching their heads over the question of who is responsible for the eye-popping transfer.

That transaction looks like it’s one of the recipient address’ first, followed by dozens of smaller transactions ranging from $6,644 to $.07. But go figure who is behind the transaction, as the addresses involved aren’t known to the crypto community (all Bitcoin addresses are pseudonymous….)

The idea that a business may be involved led to the theory that Bakkt, a Bitcoin futures provider that opened a “warehouse” to store customer funds on September 6, was responsible for the transaction…..

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