Whales Move Over $590 Million in Crypto Assets: Bitcoin, XRP, Dogecoin, and Pepe
New data reveals that deep-pocketed crypto investors are shifting hundreds of millions of dollars worth of crypto assets, including Bitcoin (BTC) and Dogecoin (DOGE). According to data from whale-surveying platform Whale Alert, about $544 million worth of the top crypto asset by market cap has been moved into crypto exchanges or unknown wallets.
Bitcoin Transactions
Transactions involving Bitcoin on Whale Alert’s radar include:
- 1,499 BTC worth $51,276,429 transferred from Binance to Coinbene.
- 3,000 BTC worth $102,552,927 transferred from an unknown wallet to Coinbase.
- 2,765 BTC worth $94,492,884 transferred from an unknown wallet to Coinbase.
- 1,099 BTC worth $37,358,214 transferred from an unknown wallet to Coinbase.
- 952 BTC worth $32,345,568 transferred from an unknown wallet to Coinbase.
- 2,000 BTC worth $68,560,116 transferred from an unknown wallet to Coinbase.
- 3,195 BTC worth $109,078,397 transferred from an unknown wallet to unknown wallet.
- 1,400 BTC worth $47,897,011 transferred from an unknown wallet to Crypto.com.
Other Transactions
Other notable transactions on Whale Alert’s radar include traders relocating millions of dollars worth of memecoins Pepe (PEPE) and DOGE as well as XRP. These transactions include:
- 4,539,930,825,193 PEPE worth $5,562,913 transferred from an unknown wallet to Binance.
- 27,000,000 XRP worth $14,879,092 transferred from an unknown wallet to Bitstamp.
- 89,863,455 DOGE worth $6,298,107 transferred from Robinhood to an unknown wallet.
- 97,000,000 DOGE worth $7,234,272 transferred from Robinhood to an unknown wallet.
Hot Take: Crypto Whales on the Move
Whale Alert’s data shows that large crypto investors are actively moving significant amounts of money in various cryptocurrencies. This movement can indicate potential market trends and investor sentiment. The recent transfers of Bitcoin, XRP, Dogecoin, and Pepe highlight the shifting dynamics in the crypto space. It remains to be seen how these movements will impact the prices and overall market conditions of these cryptocurrencies. As a crypto reader, it is essential to stay informed about whale activities and monitor any potential effects on the market.
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