Crypto Whale Feasts on Litecoin, Institutional Exchange Backs XRP, and Swiss Stock Exchange Adds Ethereum-Based ETP

By Daily Hodl Staff

Litecoin

Litecoin whale watchers are tracking some big crypto movements today.

In the past 24 hours, the second biggest Litecoin wallet in existence received a huge amount of LTC across three separate transfers, adding a total of 99,290 LTC worth about $5.43 million. After a big drop last year, the wallet has been steadily adding large amounts of LTC throughout 2019, according to BitInfoCharts.

Source: BitInfoCharts

In the past month alone, the wallet has received 233,097 LTC worth about $12.75 million.

Ethereum

SIX Swiss Exchange – one of the biggest stock exchanges in Europe – just added a new Ethereum-based exchange-traded product (ETP).

Last November, SIX announced it would create an Ethereum-based ETP as well as ETPs for Bitcoin, XRP, Bitcoin Cash and Litecoin.

The newly launched ETP is backed by the Swiss startup Amun AG, and is listed under the name Amun Ethereum (AETH).

Source: SIX Swiss Exchange

XRP

The Singapore-based crypto exchange Huobi just added XRP to its over-the-counter (OTC) trading platform for institutional investors.

The digital asset joins Bitcoin, Ethereum, Tether, EOS and Huobi Token. Huobi Global is currently the ninth biggest crypto exchange by volume, according to CoinMarketCap.

[the_ad id="42537"] [the_ad id="42536"]

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.