This new New Year has not only witnessed tremendous amounts of XRP being moved, but also large sums in Bitcoin.

🚨 🚨 🚨 🚨 255,684,118 #XRP (48,861,709 USD) transferred from Ripple to Funding Wallet 1



Tx: https://t.co/H0zMEua30c — Whale Alert (@whale_alert) December 31, 2019

Within the last few hours a $36.5 million worth of BTC has been moved between the Bitstamp exchange and several unknown wallets.

On January 1, Whale Alert showed one more transaction between an unknown wallet and Bitstamp summing up to $8,974,648 (1,250 BTC).

Some are expressing opinions that certain Bitcoin whales are moving their funds.

The Whale Alert account detected that three transactions have taken place between Bitstamp exchange and two unknown wallets over the past hours.

Even though the third transaction also mentions an unknown wallet, details provided by Whale Alert states that it was done between two wallets that belong to Bitstamp.

Prior to that, the Whale Alert account reported several consecutive transactions between unknown wallets and the Binance exchange. The amount involved in the transactionstotals almost $30 million worth of BTC.

Many are suspecting a Bitcoin dump after these large BTC transactions. One user, @cryptzos predicts that these massive BTC movements being made could mean a 10%-20% Bitcoin price drop.

However, some users also believe that these huge transactionsmean an approaching Bitcoin price surge.