New data shows that crypto investors with deep pockets are suddenly shifting hundreds of millions of dollars in digital assets, including Bitcoin (BTC) and Ethereum (ETH).
According to data from whale tracking platform Whale Alert, $511 million worth of crypto assets by market capitalization have just been moved to top US digital asset exchange Coinbase or to an unknown wallet.
The transactions involving the crypto king on Whale Alert’s radar include:
- 2,740 BTC worth $73,055,868 USD transferred from an unknown wallet to Coinbase.
- 2,795 BTC worth $75,029,955 USD transferred from an unknown wallet to Coinbase.
- 2,807 BTC worth $74,894,150 USD transferred from an unknown wallet to Coinbase.
- 1,000 BTC worth $26,872,014 USD transferred from an unknown wallet to Coinbase.
- 9,775 BTC worth $261,129,772 USD transferred from an unknown wallet to an unknown new wallet.
As for altcoins, Whale Alert data shows that wealthy investors invested approximately $238 million in leading smart contract platform Ethereum, meme asset Shiba Inu (SHIB), and XRP, the crypto asset used to power Ripple Labs’ payment platform. exploit, have moved. , to crypto exchange platforms.
The altcoin movements identified by Whale Alert include:
- 22,017 ETH worth $34,313,618 USD transferred from an unknown wallet to Coinbase.
- 50,000 ETH worth $78,307,428 USD transferred from an unknown wallet to Kraken.
- 22,157 ETH worth $34,551,260 USD transferred from an unknown wallet to Coinbase.
- 22,157 ETH worth $34,116,162 USD transferred from an unknown wallet to Coinbase.
- 31,200,000 XRP worth $15,149,324 USD transferred from an unknown wallet to Bitstamp.
- 23,700,000 XRP worth $11,502,941 transferred from an unknown wallet to Bitso.
- 4,607,030,677,374 SHIB worth $31,387,700 transferred from an unknown wallet to an unknown wallet.
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Featured image: Shutterstock/Tithi Luadthong