BTC Block Bot, a large transaction monitoring service, first observed a large 8,648 BTC transaction worth nearly $500 million. The transaction cost just over $50 and drained the 114th largest bitcoin wallet absolutely. The bitcoin whale divided his funds into two accounts, one receiving 4,000 bitcoins and the other 4,684 bitcoins. None of the addresses used in these transactions seem to be connected to any cryptocurrency exchanges or other services.