Bitcoin and XRP Whales Abruptly Move Over $650,000,000 Worth of Crypto in Just 24 Hours

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knife

Deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of Bitcoin (BTC) and XRP as the markets trade sideways.

According to new data from whale-surveying platform Whale Alert, crypto whales have abruptly moved over 500 million worth of the top crypto asset by market cap in just 24 hours, the biggest transaction being 6,582 BTC worth $182,629,202 being transferred from an unknown wallet to another.

Other transactions involving the king crypto on Whale Alert’s radar include:

Bitcoin is trading for $27,878 at time of writing, a 1.3% decrease during the last 24 hours.

The whale-tracking platform also notes that high-net-work traders are shifting XRP, the native asset used to operate Ripple Labs’ payments platform. One crypto whale moved a staggering 100,000,000 XRP, worth $53,439,878 at the time, from one unknown wallet to another.

Other notable transactions involving XRP noticed by Whale Alert include:

XRP is trading for $0.536 at time of writing, a 2.7% dip during the last day.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Jovanovic Dejan

The post Bitcoin and XRP Whales Abruptly Move Over $650,000,000 Worth of Crypto in Just 24 Hours appeared first on The Daily Hodl.

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