Deep-pocketed whales are suddenly moving more than $363 million in Bitcoin (BTC) and XRP after Bitcoin reclaims the $21,000 mark.
According to blockchain tracker and whale-surveying platform Whale Alert, whales are moving in three separate transactions a combined 11,611 Bitcoin valued at time of writing for $240,675,134.
In the largest of the three notable king crypto asset transactions on Thursday, January 19th, a whale moved 6,314 BTC worth $130,868,521 from one unknown wallet to crypto exchange Binance, according to Whale Alert.
Another whale moved 3,336 BTC worth $69,226,236 from one unknown wallet to crypto exchange Binance.
In a third transaction, 1,961 Bitcoin worth about $40,580,377 was transferred from crypto exchange Gemini to an unknown wallet.
The three transactions come after Bitcoin rallied about 30% within days. At time of writing, Bitcoin is changing hands at $21,070.
Next on Whale Alert’s radar are big transactions of payment token XRP.
Three separate transactions are moving a total of 332,194,839 XRP valued at about $129,501,410 million.
A whale moved 61,094,839 XRP worth $102,414,350, the largest of the three transactions, from one unknown wallet to another unknown wallet.
A second whale moved 40,000,000 XRP worth $15,238,852 from one unknown wallet to crypto exchange Bitstamp.
In the third transaction, 31,100,000 XRP worth $11,848,208 was moved from crypto exchange Bitso to an unknown wallet.
XRP is trading at $0.394 at time of writing. The 6th-ranked crypto asset by market cap is up more than 26% from its month’s low. XRP is also down more than 88% from its all-time high of $3.84, which it hit in January 2018.
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The post Whales Move Over $363,000,000 in Bitcoin (BTC) and XRP in Several Transactions – Here’s Where the Crypto’s Going appeared first on The Daily Hodl.
