New data finds that deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH), to and from prominent crypto exchange platforms.
According to whale-surveying platform Whale Alert, crypto whales have suddenly shifted $780 million worth of virtual currencies, nearly $500 million of which is the top crypto asset by market cap.
Transactions involving Bitcoin on Whale Alert’s radar include:
- 3,167 BTC worth $139,724,560 transferred from an unknown wallet to crypto exchange Coinbase.
- 2,000 BTC worth $88,297,346 transferred from Coinbase to an unknown wallet.
- 1,380 BTC worth $61,038,659 transferred from Coinbase to an unknown new wallet.
- 2,250 BTC worth $100,136,748 transferred from one unknown wallet to another.
- 584 BTC worth $25,629,293 transferred from crypto exchange Binance to an unknown wallet.
- 1,815 BTC worth $79,636,169 transferred from crypto exchange Kraken to crypto exchange Bitfinex.
Bitcoin is trading for $43,436 at time of writing, a 1.2% decrease during the last 24 hours.
Other transactions noted by Whale Alert involving altcoins, such as the leading smart contract platform, the popular meme asset Dogecoin (DOGE) and XRP, include:
- 14,629 ETH worth $33,300,497 transferred from an unknown wallet to Coinbase.
- 14,648 ETH worth $32,937,090 transferred from an unknown wallet to Binance.
- 20,997 ETH worth $47,192,106 transferred from crypto lender Liquity to an unknown wallet.
- 11,266 ETH worth $25,278,451 transferred from Binance to an unknown wallet.
- 10,000 ETH worth $22,436,362 transferred from an unknown wallet to Binance.
- 26,000,000 XRP worth $15,229,979 transferred from an unknown wallet to crypto exchange Bitso.
- 24,700,000 XRP worth $14,468,480 transferred from an unknown wallet to crypto exchange Bitstamp.
- 883,016,276 DOGE worth $72,931,469 transferred from one unknown wallet to another.
- 307,491,734 DOGE worth $25,401,703 transferred from one unknown wallet to another.
Ethereum, XRP, and Dogecoin are trading for $2,221, $0.563, and $0.082 at time of writing, respectively.
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