Bitcoin Whales Move 20,974 BTC As Crypto Market Heats Up – BTC, XRP, Ethereum, Litecoin Forecast

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Bitcoin whales are out to play, as the price of BTC surges above $5,500.

In the last 10 hours, whales have moved 20,974 BTC, worth more than $116 million. The single biggest transfer, totaling 9,000 BTC worth $49.8 million, was from one unknown wallet to another.

Whale watchers are tracking a total of seven transactions, with most of the BTC heading to unknown wallets.

One transfer of 1,200 BTC worth $6.7 million was sent from an unknown wallet to the crypto exchange Bitfinex, which indicates the crypto trader may be thinking about selling.

• 4,387 #BTC (24,406,318 USD) transferred from unknown wallet to unknown wallet
• 914 #BTC (5,110,687 USD) transferred from #Bitstamp to unknown wallet
• 3,053 #BTC (17,232,141 USD) transferred from http://Coinfloor.co.uk to unknown wallet
• 9,000 #BTC (49,801,303 USD) transferred from unknown wallet to unknown wallet
• 1,225 #BTC (6,744,227 USD) transferred from #Bitstamp to unknown wallet
• 1,195 #BTC (6,616,286 USD) transferred from #bitFlyer to unknown wallet
• 1,200 #BTC (6,703,615 USD) transferred from unknown wallet to #Bitfinex

For the most part, the crypto market remains in the green, according to data compiled by Coin360. Bitcoin is up 5.29% at $5,584. Ethereum is up 2.47% at $174.10, and XRP is up 0.77% at $0.3259.

Technical analysts are mixed across the board on Bitcoin, Ethereum, XRP and Litecoin, with $5,700 as the new level of near-term resistance for BTC.

Bitcoin

FXStreet – Bitcoin showing signs that bullish momentum has come to a halt

Blockonomi – BTC price has most likely ended its 4th wave correction

Crypto Briefing – $5,700 now the strongest form of near-term technical resistance

Ethereum

Live Bitcoin News – ETH bulls eyeing fresh 2019 high

Coinspeaker – ETH/USD approaches resistance at $178, reversal may occur

Blockonomi – Start of much larger rally towards $200

XRP

FXStreet – XRP/USD vital ascending trend line guiding the bulls

Blockonomi – BTC rally could pump XRP above $0.3400

CoinCodex – Bulls appear to be gathering momentum on daily RSI

Litecoin

Blockonomi – Fresh upside above $85 on deck

FXStreet – LTC/USD recovery capped by $80.00

Seeking Alpha – Litecoin likely heading into consolidation and bearish territory

Modified image via Wikimedia/Zarateman/CC 1.0

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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 loses 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.