Whales Move Over $380,000,000 in Bitcoin, Ethereum, Dogecoin and Gnosis – Here’s Where the Crypto’s Headed
Whales in the crypto market made significant moves on Wednesday, transferring more than $380 million worth of Bitcoin, Ethereum, Dogecoin, and Gnosis in a single day. The blockchain-tracking platform Whale Alert reported these massive transactions.
Key Points:
– Top US crypto exchange Coinbase transferred 2,500 Bitcoin, valued at over $74.3 million, to an unknown wallet. Another unknown wallet sent 2,616 BTC, worth nearly $77.8 million, to Coinbase.
– New York-based exchange Gemini also made a transfer of 4,000 Bitcoin, worth more than $119.1 million, to a third unknown wallet. The current price of BTC is $29,625.
– In terms of Ethereum, two unknown wallets sent large sums to Coinbase. One transferred 18,920 ETH, valued at over $35.1 million, while the other sent 19,046 ETH, worth roughly $34.9 million.
– A third unknown wallet sent 15,000 Ethereum, worth more than $27.8 million, to the Cayman Islands-based exchange Gate.io. The current price of ETH is $1,855.
– Coinbase also received a significant amount of Dogecoin, with an unknown wallet sending 67,881,717 DOGE, worth over $5 million. The current price of DOGE is around $0.0754.
– The treasury for Gnosis, an Ethereum sidechain, sent an unknown wallet 92,000 GNO, valued at over $10.2 million. GNO is currently trading at $111.51.
Hot Take:
Whales continue to make major moves in the crypto market, transferring large sums of Bitcoin, Ethereum, Dogecoin, and Gnosis. These transactions indicate significant activity and potential market shifts in the near future. Keep a close eye on these cryptocurrencies to stay ahead of the game.
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