Wealthy crypto investors are suddenly wielding hundreds of millions of crypto assets, including the top two digital assets by market capitalization, Bitcoin (BTC) and Ethereum (ETH).
Crypto whales have moved $317 million worth of BTC, ETH, Polygon (MATIC) and XRP in the last 24 hours, according to new data from whale watching platform Whale Alerts.
Wealthy investors suddenly deviated 7,200 BTC from unknown wallet to another wallet.
wealthy traders moved At the time of writing, 24,768 ETH worth $39,122,083 was sent from an unknown wallet to Coinbase, the largest US crypto exchange platform.
Another deep-pocketed investor suddenly shuffled 5,212,794 MATIC, worth $5,716,200 at the time of writing, from the Polygon blockchain to an unknown wallet.
The last notable virtual asset on the move was XRP, the cryptocurrency used to power Ripple Labs’ payment platform. Whale moved his XRP worth about $105 million in four different transactions.
- 160,000,000 XRP worth $65,533,398 at the time of writing was transferred from one unknown wallet to another.
- 33,000,000 XRP worth $13,650,123 at the time of writing was transferred from an unknown wallet to cryptocurrency exchange Bitstamp.
- 39,500,000 XRP worth $16,200,942 at the time of writing has been transferred from crypto exchange Bitso to an unknown wallet.
- 30,000,000 XRP worth $12,409,202 at the time of writing was transferred from an unknown wallet to cryptocurrency exchange Bitso.
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