Crypto Traders Track Massive $88,000,000 Bitcoin (BTC) Transaction As Ethereum Whale Moves 220,726 ETH

As the broader cryptocurrency market hovers at a crucial technical threshold, momentum is picking up with numerous whales transferring hundreds of millions of dollars worth of crypto.

The largest cryptocurrency soared to as high as $10,434 in the last 24 hours, according to CoinMarketCap. Ethereum is also showing signs of strength, with the second-largest cryptocurrency climbing to a 24-hour high of $376.63.

As the value of the largest two cryptocurrencies grows, a number of high-net-worth crypto holders are coming alive.

One whale in particular moved 8,500 BTC worth $88.3 million from the crypto exchange Binance to a wallet of unknown origin.

Meanwhile, another anonymous whale moved 220,726 Ethereum (ETH) worth $81.9 million between unknown wallets in a single transaction.

Here’s a look at the rest of the BTC whale movements sighted in the last day.

In sum, the high-stakes Bitcoin holders moved 14,351 BTC to the tune of $148.7 million.

Two of the transactions moved BTC off of exchanges, with one moving Bitcoin onto the exchange OKEx, where it could potentially be sold for cash or traded for a stablecoin or another crypto asset.

• 2,851 BTC worth $29.7 million moved from OKEx to unknown wallet 
• 1,000 BTC worth $10.3 million moved from Binance to unknown wallet
• 2,000 BTC worth $20.4 million moved from unknown wallet to OKEx

Featured Image: Shutterstock/dani3315