Crypto whales are on the move after a jam-packed week of deep debates, intense reactions and a looming investigation.
From President Donald Trump’s anti-crypto tweet to Treasury Secretary Steven Mnuchin’s crypto warnings to two congressional hearings on Facebook’s Libra to China’s milestone decision to protect Bitcoin as legal virtual property to a breaking BitMEX investigation, the cryptosphere has ignited sweeping conversations on the national and international stages about the future of Bitcoin and its crypto cousins.
In the past 10 hours, some of Bitcoin’s biggest holders have moved 47,722 BTC worth about $494.8 million. The largest transaction, worth $225.3 million, transferred over 21,000 BTC from one unknown wallet to another.
Of the eight largest Bitcoin transactions, two involve cryptocurrency being moved onto an exchange, which indicates traders may be looking to sell as much as 1,886 BTC worth $19.2 million.
- 1,000 BTC worth $10.2 million transferred from Huobi to unknown wallet
- 1,400 BTC worth $14.3 million transferred from unknown wallet to Bitstamp
- 486 BTC worth $4.9 million transferred from unknown wallet to Bitstamp
- 1,858 BTC worth $19.2 million transferred from Coinbase to unknown wallet
- 21,807 BTC worth $225.3 million transferred from unknown wallet to unknown wallet
- 7,171 BTC worth $75.1 million transferred from unknown wallet to unknown wallet
- 7,000 BTC worth $73.3 million transferred from unknown wallet to unknown wallet
- 7,000 BTC worth $72.5 million transferred from unknown wallet to unknown wallet
Whales moved over 561,000,033 XRP worth roughly $177.5 million.
- 50,000,019 XRP worth $15.7 million transferred from unknown wallet to unknown wallet
- 141,000,006 XRP worth $44.4 million transferred from Bithumb to unknown wallet
- 42,000,005 XRP worth $13.3 million transferred from Bithumb to unknown wallet
- 141,999,996 XRP worth $45.2 million transferred from Bithumb to unknown wallet
- 142,000,006 XRP worth $44.9 million transferred from Bithumb to unknown wallet
- 44,000,001 XRP worth $14.0 million transferred from Bithumb to unknown wallet
