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Whales Move Over $650,000,000 in Bitcoin, Ethereum, XRP and Dogecoin – Here’s Where the Crypto’s Headed

by The Dao Makers
June 1, 2023
in Altcoin
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Deep-pocketed crypto merchants are transferring round lots of of hundreds of thousands of {dollars} value of Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and XRP.

New information from whale-surveying platform Whale Alert reveals that crypto whales have shifted about $650 million value of funds throughout the previous few days, with the vast majority of the transfers involving Bitcoin.

Whale Alert finds six transactions involving the king crypto, totaling as much as $521.5 million:

11,224 BTC value $302,247,036 transferred from an unknown pockets to a different unknown pockets.
2,089 BTC value $56,947,001 transferred from an unknown pockets to crypto trade Coinbase.
1,999 BTC value $53,906,934 transferred from crypto trade Coinbene to crypto trade Binance.
1,999 BTC value $53,824,751 transferred from an unknown pockets to crypto trade Bitfinex.
1,065 BTC value $29,012,458 transferred from crypto trade Coinbase to an unknown pockets.
942 BTC value $25,656,051 transferred from crypto trade Coinbase to unknown pockets.

Different notable multi-million greenback transactions on Whale Alert’s radar embody dog-themed meme asset Dogecoin, main sensible contract platform Ethereum, and XRP, the crypto asset used to function Ripple Labs’ funds platform:

700,000,000 DOGE value $50,080,514 transferred from an unknown pockets to a different unknown pockets.
75,987,591 XRP value $38,831,254 transferred from an unknown pockets to crypto trade Binance.
23,500,000 XRP value $12,247,897 transferred from an unknown pockets to crypto trade Bitstamp.
19,499 ETH value $36,144,262 transferred from an unknown pockets to crypto trade Coinbase.

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Disclaimer: Opinions expressed at The Every day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses you might incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet affiliate marketing.

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Tags: BitcoincryptosDogecoinethereumHeadedHeresMoveWhalesXRP
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