Crypto Investors Trigger Flurry of Massive Bitcoin and XRP Transactions

Whales are moving their Bitcoin and XRP holdings in a slew of giant transactions as the broader crypto market continues to consolidate.

In all, a total of 22,860 BTC worth $419.4 million was transferred in the last 36 hours or so. The largest transaction during the timeframe involves moving 11,723 BTC worth $216.2 million from one wallet of unknown origin to another.

In another transaction, a whale transferred 3,000 BTC worth $55 million from an unknown wallet to web-based Bitcoin wallet Xapo.

In a separate transaction, a big-time Bitcoin holder relocated 2,500 BTC worth $45.2 million from a wallet of unknown origin to crypto exchange Bitfinex. Here’s the summary of other recent BTC transactions:

• 2,000 BTC worth $36.5 million transferred from wallet of unknown origin to Bitfinex
• 1,500 BTC worth $27.5 million transferred from wallet of unknown origin to Bitstamp 
• 1,579 BTC worth $29 million transferred from Coinbase to wallet of unknown origin
• 558 BTC worth $10 million transferred from Coinbase to Binance 

Meanwhile, whales of Ripple’s native asset are also making their presence felt after moving over 821 million XRP worth $435 million in the same time period. The largest transaction witnessed the relocation of 246.85 million XRP worth $134.5 million between two unknown wallets.

In another transaction, a high-stakes crypto holder shifted 70 million XRP worth $36.3 million between two wallets of unknown origins.

In a different transaction, a whale moved 59.69 million XRP worth $32.9 million from an unknown wallet to crypto exchange CEX.io. Here’s the summary of all other XRP transactions within the last day and a half: 

• 41 million XRP worth $20.9 million transferred from wallet of unknown origin to wallet of unknown origin
• 10 million XRP worth $5 million transferred from wallet of unknown origin to Bitstamp
• 10 million XRP worth $4.9 million transferred from wallet of unknown origin to Bitstamp
• 10 million XRP worth $4.9 million transferred from wallet of unknown origin to Coinbase
• 22.93 XRP worth $11.5 million transferred from wallet of unknown origin to Binance 
• 25 million XRP worth $12.5 million transferred wallet of unknown origin to Huobi
• 47.93 million XRP worth $24.4 million transferred from unknown wallet to wallet of unknown origin
• 50.25 million XRP worth $25.7 million transferred from unknown wallet to wallet of unknown origin
• 13.58 million XRP worth $7.1 million transferred from wallet of unknown origin to Nexo
• 10 million XRP worth $5.3 million transferred from Bittrex to wallet of unknown origin 
• 36 million XRP worth $19.1 million transferred from unknown wallet to wallet of unknown origin
• 39 million XRP worth $21 million transferred from unknown wallet to wallet of unknown origin
• 15 million XRP worth $8.1 million transferred from wallet of unknown origin to Bitkub
• 50 million XRP worth $26 million transferred from CryptoCom to Binance
• 19.9 million XRP worth $10.9 million transferred from wallet of unknown origin to Kraken
• 13.97 million XRP worth $7.6 million transferred from Bitkub to wallet of unknown origin
• 20.8 million XRP worth $11.5 million transferred from wallet of unknown origin to Kraken
• 9 million XRP worth $4.9 million transferred from Bitrue to wallet of unknown origin

Featured Image: Shutterstock/Tithi Luadthong