New data reveals deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of digital assets, including Bitcoin () and Ethereum (
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:
- 2,740 BTC worth $73,055,868 USD transferred from an unknown wallet to Coinbase.
- 2,795 BTC worth $75,029,955 USD transferred from an unknown wallet to Coinbase.
- 2,807 BTC worth $74,894,150 USD transferred from an unknown wallet to Coinbase.
- 1,000 BTC worth $26,872,014 USD transferred from an unknown wallet to Coinbase.
- 9,775 BTC worth $261,129,772 USD transferred from an unknown wallet to an unknown new wallet.
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 (), and , the crypto asset used to operate Ripple Labs’ payments platform, to crypto exchange platforms.
The altcoin movements identified by Whale Alert include:
- 22,017 ETH worth $34,313,618 USD transferred from an unknown wallet to Coinbase.
- 50,000 ETH worth $78,307,428 USD transferred from an unknown wallet to Kraken.
- 22,157 ETH worth $34,551,260 USD transferred from an unknown wallet to Coinbase.
- 22,157 ETH worth $34,116,162 USD transferred from an unknown wallet to Coinbase.
- 31,200,000 XRP worth $15,149,324 USD transferred from an unknown wallet to Bitstamp.
- 23,700,000 XRP worth $11,502,941 transferred from an unknown wallet to Bitso.
- 4,607,030,677,374 SHIB worth $31,387,700 transferred from an unknown wallet to an unknown wallet.
