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.
[adinserter block="1"]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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