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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.
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.
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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.
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
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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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