Whales Moves Over $780,000,000 in Bitcoin, Ethereum, XRP and Dogecoin – Here’s Where the Crypto’s Headed

New data finds that deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH), to and from prominent crypto exchange platforms.

According to whale-surveying platform Whale Alert, crypto whales have suddenly shifted $780 million worth of virtual currencies, nearly $500 million of which is the top crypto asset by market cap.

Transactions involving Bitcoin on Whale Alert’s radar include:

Bitcoin is trading for $43,436 at time of writing, a 1.2% decrease during the last 24 hours.

Other transactions noted by Whale Alert involving altcoins, such as the leading smart contract platform, the popular meme asset Dogecoin (DOGE) and XRP, include:

Ethereum, XRP, and Dogecoin are trading for $2,221, $0.563, and $0.82 at time of writing, 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/2024/01/05/whales-moves-over-780000000-in-bitcoin-ethereum-xrp-and-dogecoin-heres-where-the-cryptos-headed/