Ethereum Whales Promptly Relocate Over $1,000,000,000 in ETH Amid Crypto Market Correction

Whales moved more than $1 billion in Ethereum (ETH) across 21 separate transactions this week amid a widespread market correction, according to crypto tracker Whale Alert.

Whale Alert notes an unknown wallet sent Binance a whopping 99,990 ETH on Tuesday, worth more than $343 million, the largest of the tracked transactions.

Other large transactions include an unknown wallet that sent 46,470 ETH worth more than $159.4 million.

Two other sizable transactions moved 43,654 Ethereum worth more than $151 million, and 43,074 ETH, worth more than $148.18 million.

Here are some of the other notable recent whale transactions in the past week, which include several significant transfers to and from crypto exchanges.

• 25,000.07 ETH worth nearly $98 million sent from an unknown wallet to an unknown wallet
• 4,999.95 ETH worth more than $18.6 million sent from unknown wallet to Binance
• 3,499.9966 ETH worth more than $13.2 million sent from Kraken to an unknown wallet 
• 2,999.9966 ETH worth more than $11.3 million sent from Kraken to an unknown wallet 
• 3,131 ETH worth more than $11.7 million sent from Gemini to an unknown wallet 
• 5,316.9966 ETH worth nearly $19.9 million sent from Binance to an unknown wallet
• 3,767 ETH worth more than $13.7 million sent from Gemini to an unknown wallet
• 7,000 ETH worth more than $24.2 million sent from Gemini to an unknown wallet 
• 4,999.992 ETH worth more than $17.7 million sent from Binance to an unknown wallet
• 3,999.992 ETH worth more than $14.2 million sent from Binance to an unknown wallet
• 14,986.292 ETH worth more than $51.6 million sent from an unknown wallet to an unknown wallet
• 27,708.732 ETH worth nearly $95.9 million sent from an unknown wallet to an unknown wallet
• 5,202.86 ETH worth more than $17.8 million sent from Gemini to an unknown wallet
• 3,000.0015 ETH worth more than $10.2 million sent from Gemini to an unknown wallet
• 3,499.986 ETH worth more than $12 million sent from Bitfinex to an unknown wallet
• 6,500 ETH worth more than $21.8 million sent from Gemini to an unknown wallet
• 10,000 ETH worth more than $33.7 million sent from Kucoin to an unknown wallet 

Featured Image: Shutterstock/JoeyCheung