Whales Abruptly Move $749,000,000 in Bitcoin, Ethereum, XRP and Shiba Inu – Here’s Where the Crypto Is Heading

New data reveals deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH).

According to data from whale-tracking platform Whale Alert, $511 million worth of the top crypto asset by market cap just moved to the top US-based digital asset exchange Coinbase or an unknown wallet.

The transactions involving the crypto king on Whale Alert’s radar include:

Moving on to altcoins, Whale Alert’s data shows that high net worth investors have moved about $238 million worth of the leading smart contract platform Ethereum, meme asset Shiba Inu (SHIB), and XRP, the crypto asset used to operate Ripple Labs’ payments platform, to crypto exchange platforms.

The altcoin movements identified by Whale Alert include:

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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.

Featured Image: Shutterstock/Tithi Luadthong

Source: https://dailyhodl.com/2023/10/13/whales-abruptly-move-749000000-in-bitcoin-ethereum-xrp-and-shiba-inu-heres-where-the-crypto-is-heading/