Crypto Whales Move Millions in Ethereum and Shiba Inu
Crypto whales have made significant transfers of Ethereum (ETH) and Shiba Inu (SHIB) worth hundreds of millions of dollars, according to Whale Alert, a blockchain tracker.
Ethereum Transfers
Whale Alert’s data reveals that a large crypto holder moved 150,000 ETH from an unknown wallet to the Kraken exchange in three separate transactions. Each transaction involved transferring 50,000 ETH, with a total value of approximately $269.8 million.
The current trading price of Ethereum is $1,803.
Shiba Inu Transfer
In addition to Ethereum, a whale transferred nearly 4.5 trillion SHIB, valued at just under $36 million, from one unknown wallet to another.
The current trading price of Shiba Inu is $0.00000799.
XRP and Solana Transfers
Whale Alert’s data also shows that large crypto holders moved varying amounts of XRP and Solana (SOL), with a combined value exceeding $98 million.
This includes the transfer of 1,600,000 SOL ($55.74 million) from an unknown wallet to another unknown wallet, as well as the transfer of 50,000,000 XRP ($27.60 million) from Crypto.com to an unknown wallet.
XRP is currently valued at $0.604, while Solana is trading at $36.60.
Hot Take: Crypto Whales on the Move
Crypto whales continue to make substantial transfers in the cryptocurrency market. Recent transactions involving Ethereum and Shiba Inu highlight the movement of significant amounts of value. These transfers indicate the activity and influence of large crypto holders in shaping the market. As these whales move millions of dollars’ worth of crypto, it will be interesting to see how these transactions impact the prices and overall market sentiment for Ethereum, Shiba Inu, XRP, and Solana.
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