Whales Shift Over $363M in BTC and XRP, Leaving Sideways Effects By CoinEdition
© Reuters. Whales Shift Over $363M in BTC and XRP, Leaving Sideways Effects
- Whales have allegedly moved over $363 million in and XRP.
- The respective tokens traded in a sideways sentiment during press time.
- Cryptocurrency traders are nervous about the volatility caused by the movements.
According to on-chain revelations by Whale Alert, the sudden movement of several transactions totaling over $363 million worth of Bitcoin (BTC) and (XRP) has been confirmed. As a result, trade in the respective tokens has moved in a sideways sentiment, according to data from Coinmarketcap.
Concretely, one “whale” sent 6,314 BTC, worth approximately $130,868,521, from an undisclosed wallet to the cryptoexchange Binance yesterday, making this the biggest of three significant crypto asset transactions on that day.
In a second transaction, a whale moved 3,336 BTC worth $69,226,236, while 1,961 BTC worth around $40,580,377 was moved from the crypto exchange Gemini to an unidentified wallet in a third transaction.
Concurrently, XRP whale sent 40,000,000 XRP worth $15,238,852 from an unknown wallet to the crypto exchange Bitstamp, while another transferred 61,094,839 X …
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