New data suggests that whale investors are currently transferring vast sums of Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE), and XRP. According to Whale Alert, substantial digital assets amounting to $880 million are being moved to and from prominent crypto exchanges, with most transactions involving the leading cryptocurrency by market cap.
Notable Bitcoin transactions include huge amounts being transferred to and from Coinbase, Kraken, Bitfinex, and other wallets. BTC is currently trading at $36,025, marking a 1% reduction in the last 24 hours.
In addition, significant transactions have been detected involving altcoins such as Solana, XRP, and DOGE. For instance, huge amounts of SOL, XRP, and DOGE are being transferred to and from various wallets, including Binance, Bitstamp, Bitso, and Robinhood.
Solana is currently trading at $55.55, while XRP and DOGE are priced at $0.598 and $0.081, respectively. The sudden movements of these cryptocurrencies by whales suggest a possible shift in the market direction.
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