New data reveals that crypto whales are suddenly moving hundreds of millions of dollars worth of Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE) and XRP.
According to whale-surveying platform Whale Alert, deep-pocketed investors are moving $880 million worth of digital assets to and from prominent crypto exchange platforms, the majority of which involve the top crypto asset by market cap.
Notable BTC transactions on Whale Alert’s radar include:
- 2,740 BTC worth $102,703,799 transferred from an unknown wallet to Coinbase.
- 1,224 BTC worth $45,788,917 transferred from Coinbase to an unknown new wallet.
- 1,540 BTC worth $56,249,813 transferred from an unknown wallet to Coinbase.
- 1,000 BTC worth $37,233,664 transferred from an unknown wallet to Coinbase.
- 2,745 BTC worth $99,440,158 transferred from an unknown wallet to Coinbase.
- 555 BTC worth $20,141,437 transferred from Coinbase to Kraken.
- 1,750 BTC worth $63,596,190 transferred from Kraken to Bitfinex.
- 932 BTC worth $33,604,627 transferred from Coinbene to an unknown wallet.
- 599 BTC worth $21,633,310 transferred from Kraken to an unknown wallet.
- 3,813 BTC worth $143,326,568 transferred from an unknown wallet to another unknown wallet.
Bitcoin is moving for 36,025 at time of writing, a 1% dip during the last 24 hours.
Other noteworthy transactions involving altcoins detected by Whale Alert include:
- 169,138 SOL worth $10,979,159 transferred from an unknown wallet to Binance.
- 197,658 SOL worth $12,401,400 transferred from an unknown wallet to Binance.
- 999,999 SOL worth $59,721,746 transferred from an unknown wallet to another unknown wallet.
- 999,999 SOL worth $59,253,076 transferred from an unknown wallet to another unknown wallet.
- 303,515 SOL worth $17,992,289 transferred from an unknown wallet to Binance.
- 23,300,000 XRP worth $14,963,625 transferred from an unknown wallet to Bitstamp.
- 17,100,000 XRP worth $10,968,807 transferred from an unknown wallet to Bitso.
- 26,200,000 XRP worth $16,112,008 transferred from an unknown wallet to Bitso.
- 25,400,000 XRP worth $15,611,475 transferred from an unknown wallet to Bitstamp.
- 16,600,000 XRP worth $10,083,310 transferred from Bitso to an unknown wallet.
- 103,280,221 DOGE worth $8,239,746 transferred from Robinhood to an unknown wallet.
- 375,000,000 DOGE worth $30,335,217 transferred from an unknown wallet to Robinhood.
Solana is trading for $55.55 at time of writing while XRP and DOGE are moving for $0.598 and $0.081 respectively.
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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/2023/11/17/whales-move-over-880000000-in-bitcoin-solana-xrp-and-dogecoin-heres-where-the-cryptos-headed/