Whales Move Over $800,000,000 in Bitcoin, Ethereum, XRP and Polygon

Crypto whales are moving Bitcoin (BTC), Ethereum (ETH) and two other digital assets worth hundreds of millions of dollars in multiple transactions.

Starting with Bitcoin, blockchain-tracking platform Whale Alert says that deep-pocketed BTC investors have moved 25,820 BTC worth approximately $574 million.

In two separate transactions, the Bitcoin was moved from Binance to unknown wallets while in another two transactions, the senders and the recipients were both unknown wallets.

Turning to Ethereum, the blockchain-tracking platform says that whales have transferred 120,304 ETH worth over $188.5 million in two transactions.

In one of the transactions, the source was an unknown wallet to Coinbase while in the other it was an unknown wallet to another unknown wallet.

Next up is XRP. According to Whale Alert, deep-pocketed investors have moved approximately $26.8 million worth of XRP in two transactions.

In one transaction, the transfer hailed from Bitso crypto exchange to an unknown wallet while in the second one, the destination was Bitstamp crypto exchange from an unknown wallet.

Whale Alert also reports that well-endowed crypto investors moved Polygon (MATIC) worth a little over $11 million in two transactions.

In one transaction, a crypto whale moved $6.8 million worth of the native token of the layer-2 blockchain Polygon from an unknown wallet to Coinbase. The second transaction involved the transfer of MATIC worth a little over $5 million to the institutional crypto trading platform FalconX from an unknown wallet.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Source: https://dailyhodl.com/2023/03/09/whales-move-over-800000000-in-bitcoin-ethereum-xrp-and-polygon-heres-where-the-crypto-is-headed/