Known for actively monitoring large cryptocurrency transfers and sharing details on their websites and X accounts, Blockchain Thru Alert has discovered two major transfers made from Kraken, the top US crypto exchange.
Nearly $200,000,000 Bitcoin has changed hands anonymously. Meanwhile, the world’s flagship cryptocurrency
$173.3 million Bitcoin makes Kraken unknown
The aforementioned source of on-chain data shared details of two large cryptocurrency transfers carrying 875 and 997 BTC worth $92,353,820 and $105,083,368. This total is just over the Fiat equivalent of $107.3 million.
Transferred from wallaken to unknown wallethttps://t.co/pf98zhjcrt from wallaken to unknown wallethttps://t.co/pf98zhjcrt🚨🚨997 #btc(105,083,368 USD)
– Whale Alert (@Whale_Alert) June 9, 2025
According to Whale Alert, the transactions took place within an hour and paused slightly from each other. Apparently these were whales accumulating bitcoin in their current dip.
Does the strategy imply a new Bitcoin purchase?
Michael Saylor, co-founder and executive chairman of Bitcoin Treasury Company Strategy, has been attracting attention from the crypto community with his BTC-themed tweet, saying he’s “sending oranges.”
Please send me more orange pic.twitter.com/qaljwklrvn
– Michael Saylor (@saylor) June 8, 2025
In that tweet, Saylor shared a screenshot from the Saylor Portfolio Tracker website. This essentially tracks changes to the Bitcoin portfolio of strategy and displays multiple orange dots as the company makes yet another BTC accumulation.
When Saylor posted a similar tweet about “Orange Dots” on Sunday and Monday’s strategy announced the purchase of new Bitcoin, the weekly Bitcoin acquisition has already become almost traditional. Last week I bought 705 BTC and paid about $75.1 million for that crypto purchase.
Explain the changes
– Michael Saylor (@saylor) June 8, 2025
Today, Saylor published another Bitcoin-themed tweet, saying he would “make a change” with a “B” letter with four vertical strokes meaning “Bitcoin,” but BTC has declined slightly in the last 24 hours, trading at $105,611 after losing a $106,400 zone.
The strategy expects to raise $1 billion to buy more Bitcoin
On Friday, the strategy published a tweet, deciding to increase its recent funding transaction to the community from $250 million to $979.7 million, and plans to raise STRD (Strike Perpetual Preferred Stock) shares to institutional investors.
According to a press release issued by the company, the shares will be issued on June 10th. The proceeds are stated in the document that they will be used to obtain additional portions of Bitcoin. Following the recent acquisition, the strategy already holds a whopping 580,955 BTC worth $61,368,426,183.
