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Whales Move Over $443,000,000 in Bitcoin and Ethereum in Just One Day – Here’s Where the Crypto Is Going

by Daily Hodl Staff
November 29, 2023
in Bitcoin, Ethereum, Trading

New data indicates a handful of crypto whales moved more than $443 million worth of Bitcoin (BTC) and Ethereum (ETH) in just 24 hours earlier this week.

The largest single transaction involved an unknown wallet sending 2,554 BTC worth more than $95.6 million to the crypto exchange Coinbase, according to the crypto-surveying platform Whale Alert.

[adinserter block="1"]

Per Whale Alert, other large BTC transactions included:

  • 798 BTC worth more than $29.6 million transferred from the crypto exchange Binance to an unknown wallet
  • 1048 BTC worth $39.1 million transferred from an unknown wallet to Binance
  • 1,139 BTC worth more than $42.7 million transferred from Coinbase to an unknown new wallet
  • 574 BTC worth more than $21.1 million transferred from Coinbase to an unknown wallet
  • 1,089 BTC worth more than $41.1 million transferred from Binance to an unknown wallet

Bitcoin is trading at $37,665 at time of writing.

Notable Ethereum transactions included:

  • 12,000 ETH worth more than $24.1 million transferred from an unknown wallet to the crypto exchange GateIO
  • 17,651 ETH worth more than $36.1 million transferred from an unknown wallet to Coinbase
  • 17,910 ETH worth more than $36.2 million transferred from an unknown wallet to Coinbase
  • 10,000 ETH worth more than $20.2 million transferred from an unknown wallet to Binance
  • 10,000 ETH worth more than $20.2 million transferred from BitDao, a decentralized autonomous organization (DAO) aiming to promote Web 3.0, to an unknown wallet
  • 17,978 ETH worth more than $36.7 million transferred from an unknown wallet to Coinbase
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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 assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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