Crypto & Blockchain News

Bitcoin and XRP Whales Suddenly Move Over $650,000,000 Worth of Crypto In Just 24 Hours


As the market continued to move sideways, deep-pocketed investors suddenly moved hundreds of millions of dollars worth of Bitcoin (BTC) and XRP.

According to newly released information from platform Whale Alert, crypto whales have suddenly transferred over 500 million leading cryptocurrency assets by market capitalization in just 24 hours, with the largest transaction being the transfer of 6,582 BTC worth $182,629,202 from one wallet to another. .

Additional transactions using the king cryptocurrency that are of concern to Whale Alert are as follows:

5,000 Bitcoins with a total value of $141,189,856 were transferred from one cryptocurrency wallet to another.

There were transactions involving 3,999 Bitcoins worth a total of $112,874,776 moving from one cryptocurrency wallet to another.

The Gemini cryptocurrency exchange made a transaction that resulted in the transfer of 2,001 BTC worth $56,883,243 to an unknown wallet.

The Kraken cryptocurrency exchange received a transfer of 1,098 Bitcoins for a total of $30,517,472 from an anonymous wallet.

An unknown wallet received 1,032 Bitcoins worth $29,153,880 transferred from the digital asset marketplace.

Gemini, a cryptocurrency exchange, has confirmed the transfer of 1,001 BTC worth $28,455,835 to an unknown wallet.

At the time of writing, the price of one Bitcoin is $27,878. This is a loss of 1.3% over the previous twenty four hours.

The platform for tracking whales also disclosed that high-network traders trade with XRP, the native asset used in the operation of Ripple Labs’ payment infrastructure. An astounding amount of 100,000,000 XRP, which was worth $53,439,878 at the time, was transferred from one undisclosed wallet to another by the crypto whale.


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