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The Daily Hodl
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Bitcoin Whales Move $84 Million in Crypto As Market Rallies – BTC, XRP, Ethereum, Litecoin, Stellar, Bitcoin Cash, Tron Forecasts

by Daily Hodl Staff
May 19, 2019
in Trading

[the_ad id=”36860″]

Two Bitcoin whales are moving a total of $84 million in crypto as the price of Bitcoin once again surges to around $8,000.

The largest whale on record in the last 24 hours moved 5,500 BTC worth $44.1 million from one wallet to another.

? ? ? ? 5,500 #BTC (44,199,004 USD) transferred from unknown wallet to unknown wallet

Tx: https://t.co/exDseAK8TA

— Whale Alert (@whale_alert) May 19, 2019

A separate whale moved 5,000 BTC worth $40 million in two separate transactions. One of those transactions sent 2,000 BTC to the crypto exchange Bitfinex, which indicates the trader could be looking to sell a portion of their assets amid the market rally.

[the_ad id=”36860″]

Right now, Bitcoin is up 9.02% at $7,946, according to Coin360. Ethereum is up 6.94% at $249.95 and XRP is up 9.86% at $0.4089.

Source: Coin360

Technical analysts are looking at where altcoins are headed and Bitcoin’s potential to push past $8K.

Bitcoin

Bitcoinist – BTC rise to $8.5K now in sight to end bear market

NewsBTC – Next key resistance above $8,000 is near the $8,350 level

[the_ad id=”36860″]

Ethereum

FXStreet – Ethereum battling resistance at $255

FX Leaders – In case of bearish turn, ETH finds major support at the $200 mark

XRP, Stellar, Litecoin, Bitcoin Cash, Tron

Captain Altcoin – Current breakout level for XRP is $0.46, weekly trend for TRX is long term bearish

Blokt – XRP and Stellar Lumens (XLM) start fresh increase against Bitcoin

FX Empire – Litecoin, Bitcoin Cash and XRP bulls back in control

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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.
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