Several high-value cryptocurrency transactions triggered alarms across the blockchain monitoring space.
Whale Alert reported a string of large transfers between unknown wallets—potentially signaling strategic repositioning or preparation for major market moves.
- Ethereum (ETH): A staggering 189,037 ETH, valued at approximately $418.67 million, was transferred between unknown wallets, making it the largest transaction of the day so far.
- XRP: Another notable move saw 46.5 million XRP (worth around $106.69 million) shift wallets in a single transaction.
- PEPE: Meme coin frenzy continued as 7.14 trillion PEPE tokens, valued at over $78.82 million, changed hands between undisclosed entities.
- TRUMP: Meanwhile, 10.29 million TRUMP tokens (approx. $142.88 million) were also relocated under the radar.
These transactions, especially their sheer size and anonymity, have raised eyebrows among analysts and traders alike. While no clear motive is confirmed, such whale activity often precedes significant market movements, ranging from large sell-offs to strategic accumulation phases.
With Bitcoin and Ethereum recently breaking key resistance levels, and meme tokens regaining attention, this flurry of whale activity could signal renewed volatility ahead.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/massive-crypto-transfers-spark-speculation-across-markets/