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Crypto whales are moving millions in Bitcoin and Ethereum as the price of BTC swings above and below $4,100. According to the price tracker WorldCoinIndex, BTC surged as high as $4,143 within the past 24 hours.
Bitcoin then quickly dropped below the $4,100 mark, and is now at $4,036 at time of publishing.
As the price of BTC becomes more volatile, Bitcoin and Ethereum whales are surfacing at a rapid rate. In the last day, whales transferred 17,291 BTC worth $69 million across 12 separate transactions. Meanwhile, three Ethereum whales moved 250,000 ETH worth $34.4 million in three transactions.
The largest Bitcoin transfer was 5,000 BTC worth $20.3 million. It was sent from an unknown wallet to the crypto exchange Poloniex.
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Of the 17,291 BTC recently transferred by whales, a total of 7,675 BTC worth $31 million was sent to crypto exchanges, indicating those traders may be gearing up to sell. None of the ETH was transferred to an exchange.
Bitcoin Whale Movements to Crypto Exchanges in Last 24 Hours
Bitcoin Whale Movements to Unknown Wallets in Last 24 Hours
Ethereum Whale Movements in Last 24 Hours