In the past 24 hours, the whale-watching crypto robot Whale Alert has tracked 11 large trades worth 15,006 BTC, worth approximately $ 231.63 million at the time of writing. article.
Three transfers sent 4,600 BTC worth $ 51.65 million worth of crypto exchanges to wallets of unknown origin, suggesting owners may accumulate the best cryptocurrency.
Two transfers moved 2,300 BTC worth $ 25.7 million from the wallets of unknown origin to crypto exchanges Binance and OKEx, where they could potentially be sold on the open market.
Two transfers sent 1,925 BTC worth $ 21.36 million from unknown wallets to crypto custodial platforms.
The remaining four transactions involve moving crypto from Coinbase to Binance, from a crypto custody platform to an exchange, from a crypto exchange to a crypto custody platform, and from a crypto custody platform to an unknown wallet.
Meanwhile, an Ethereum whale transferred 119,540 ETH worth $ 41.1 million between wallets of unknown origin. Another Ethereum transaction sent 65,000 ETH worth $ 22.1 million from the decentralized financial platform Nexo to an unknown wallet.
Crypto traders are also tracking a $ 37.5 million XRP transaction worth $ 9.4 million from the Ripple Genesis wallet to a wallet of unknown origin.
37,500,000 #XRP (9,444,001 USD) transferred from Ripple Genesis wallet to unknown wallet
– Whale Alert (@whale_alert) July 31, 2020
While there has been a lot of BTC whale movement in the past 24 hours, crypto analysis firm Glassnode claims most investors are holding onto their Bitcoin while the main cryptocurrency exceeds $ 11,000.
” Despite BTCThe recent surge to $ 11,000, there is currently no sign of weakness in the hands of long-term investors. Bitcoin. The change in Hodler’s net position has remained positive since the end of March, with hodlers currently accumulating more than 50,000 BTC per month. “
Disclaimer: The opinions expressed in Daily Hodl are not investment advice. Investors should do due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any losses you may suffer are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.
Image en vedette: Shutterstock / CYC