Crypto whales are suddenly moving hundreds of millions of dollars worth of Ethereum (ETH), Bitcoin (BTC), XRP, and Dogecoin (DOGE) over the last 24 hours.
According to the whale-surveying platform Whale Alert, a deep-pocketed Ethereum investor is moving 83,500 ETH worth $130,143,407 at time of writing from one unknown wallet to another.
Other notable ETH transactions by high-net-worth traders on Whale Alert’s radar include transfers out of prominent crypto exchange platforms:
Whale Alert also brings attention to activity surrounding XRP, the crypto asset used to operate the payments protocol Ripple. The whale-surveying platform finds that wealthy investors are mostly moving the token onto crypto exchange platforms:
- 26,000 XRP worth $11,974,595 transferred from an unknown wallet to Bitstamp
- 44,461,110 XRP worth $20,622,002 transferred from Bitstamp to an unknown wallet
- 30,000,000 XRP worth $14,021,806 transferred from an unknown wallet to Bitstamp
- 22,000,000 XRP worth $10,347,037 transferred from an unknown wallet to Bitstamp
Next on the list is Dogecoin, which has recently seen a price increase due to Elon Musk’s acquisition of social media platform Twitter:
Last on the list is Bitcoin. According to Whale Alert, deep-pocketed traders are also moving the king crypto to and from digital asset exchanges:
The overall value of virtual currencies moved by whales adds up to about $412,300,000, according to the data.
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