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September 22, 2023

Whales Move Over $660,000,000 in Bitcoin, Ethereum and Chainlink – Here’s Where the Crypto’s Headed

By Daily Hodl Staff

Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets as Bitcoin (BTC) dips below $27,000.

New data from whale-surveying platform Whale Alert shows that high-net-worth traders have abruptly moved over $660 million worth of Bitcoin, Ethereum (ETH), and Chainlink (LINK).

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Nine of the 14 transactions moved digital assets to exchanges Binance, Coinbase, Gate.io and OKX.

The combined $426.9 million worth of BTC transactions on Whale Alert’s radar include:

Bitcoin is trading for $26,559 at time of writing, down 1.6% during the last 24 hours.

Moving on to smart contract platform Ethereum, Whale Alert finds about $191.1 million worth of ETH transactions, including:

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Ethereum is trading for $1,588 at time of writing, down 2.1% during the last day.

Lastly, Whale Alert notices two large transactions of decentralized oracle network Chainlink:

Chainlink is trading for $6.69 at time of writing, down 3.4% during the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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