Whale activity is on the rise as the large crypto entities relocate hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and XRP.
In a flurry of tweets, the blockchain monitoring tool known as Whale Alert reports dozens of large BTC, ETH and XRP transactions in the past day.
One of the largest transactions involved one whale moving 1,500 BTC worth $71.13 million US-based crypto exchange Coinbase to a wallet at the digital asset storage company Xapo.
? ? ? ? ? ? ? 1,500 #BTC (71,134,184 USD) transferred from #Coinbase to #Xapo
— Whale Alert (@whale_alert) February 15, 2021
Additionally, 100 BTC worth $4.8 million suddenly came to life after the crypto moved from a wallet that was last active in 2014.
? 100 #BTC (4,809,928 USD) was just moved from an inactive address (last used 7 years ago)!https://t.co/sYFxujbabL
— Whale Alert (@whale_alert) February 15, 2021
As for whales of XRP, the big-time crypto investors transferred a total of 435,196,907 XRP worth $241.38 million. Four transfers moved large amounts of the asset from crypto exchanges to unknown wallets while one transaction shifted XRP from one wallet of unknown origins to another unknown wallet.
Here’s a summary of large XRP transactions in the past 24 hours:
- 10,000,000 XRP (5,798,787 USD) transferred from Kraken to an unknown wallet
- 16,000,000 XRP (9,089,417 USD) transferred from OkeX to an unknown wallet
- 10,000,000 XRP (5,616,439 USD) transferred from Bybit to an unknown wallet
- 220,304,195 XRP (122,148,003 USD) transferred from Coinbase to an unknown wallet
- 178,892,712 XRP (99,292,179 USD) transferred from an unknown wallet to an unknown wallet
Looking at Ethereum whales, the large crypto entities moved a total of 94,126 ETH worth $168.9 million in the past day.
Four transactions shifted ETH from a crypto exchange to unknown wallets. In addition, two transactions relocated ETH from a crypto lending platform to wallets of unknown origins while three whales moved ETH between unknown wallets.
Here’s the summary:
- 24,979 ETH (44,665,518 USD) transferred from an unknown wallet to an unknown wallet
- 6,000 ETH (11,030,997 USD) transferred from Binance to an unknown wallet
- 8,000 ETH (14,618,557 USD) transferred from Binance to an unknown wallet
- 9,360 ETH (16,999,241 USD) transferred from Nexo to an unknown wallet
- 15,000 ETH (27,004,620 USD) transferred from Nexo to an unknown wallet
- 13,994 ETH (25,098,070 USD) transferred from an unknown wallet to an unknown wallet
- 6,000 ETH (10,598,949 USD) transferred from an unknown wallet to Kraken
- 10,793 ETH (18,886,893 USD) transferred from Binance to an unknown wallet
- 6,766 ETH (11,594,781 USD) transferred from Binance to an unknown wallet
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