Crypto Whales Moved Over $300 Million in Recent Bitcoin Rally

2019-4-6 23:55

The last few days in the cryptocurrency market has been very noteworthy due to the rise of Bitcoin as it hit $5200+. This rise also affected many other altcoins as quite a number also seemed to improve significantly.

Generally, the entire crypto market experienced an unprecedented spike in its trading volume as it crossed over $80 billion. This occurrence in the sector unsurprisingly made a lot of funds exchange hands among all the major whales in the market.

Specifically, the first five positions regarding all the big moves by crypto whales saw over $300 million being moved. The first spot is occupied by a single XRP trade which was valued at $110 million. The remaining four positions were BTC and they equaled $200 million representing about 41,224 BTC.

Possible Significant Investments

It’s curious to note that of the four BTC trades mentioned above, three of them had Bitcoin sent out of wallets owned by different exchange firms and then moved into anonymous wallets.

This was taken by many as an indication that major stakeholders were making big moves that may have affected the rally. Something else that’s also very curious to note is that all the moves were carried out on April 2, the day of the surge, or after. There weren’t any significant moves that took place before the day of the surge.

One blockchain analyst and expert also confirmed this in a tweet saying:

“Going through some of the largest transactions from the past days, one can find some huge BTC transactions going from exchanges to private wallets.”

Some of the Biggest Whale Transactions

Here are some of the specifics for the recent 5 biggest whale transactions.

     300m XRP ($110.7m) moved from Ripple Escrow (TX)      10.9k BTC ($51.5m) moved from Binance. (TX)      10.8k BTC ($51.8m) moved from Binance. (TX)      9.9k BTC ($50.6m) moved from an unknown wallet. (TX)      9.5k BTC ($46.9m) moved from Bitfinex. (TX)

All these funds were moved into unknown wallets and up till date, no one knows the owners.

The post Crypto Whales Moved Over $300 Million in Recent Bitcoin Rally appeared first on ZyCrypto.

origin »

Rise (RISE) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.33 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0093619 (-100%)

crypto bitcoin market rise rally moved whales

crypto bitcoin → Результатов: 126


What Mark Carney’s Rise to Prime Minister Means for Bitcoin and Canada’s Crypto Future

Mark Carney, Canada’s new Prime Minister, has been a vocal opponent of Bitcoin for years. His stance could lead to tougher regulations and increased support for a digital Canadian dollar. Crypto investors, take note! The post What Mark Carney’s Rise to Prime Minister Means for Bitcoin and Canada’s Crypto Future appeared first on BeInCrypto.

2025-3-10 13:02


Report: Trump expected to announce Bitcoin reserve strategy at White House Crypto Summit

Howard Lutnick said Bitcoin would receive special status under US President Donald Trump’s proposed crypto reserve Lutnick believes that other crypto tokens will be “treated differently—positively, but differently” So far, 12 people within crypto have been invited to attend the Crypto Summit US President Donald Trump is expected to unveil a Bitcoin reserve strategy at […] The post Report: Trump expected to announce Bitcoin reserve strategy at White House Crypto Summit appeared first on CoinJournal.

2025-3-6 05:00


Фото:

Goldman Sachs “U-Turn”: Massive Increase in Bitcoin and Ethereum ETF Investments – A Crypto Market Signal?

Key Takeaways: Bitcoin and Ethereum ETF holdings of Goldman Sachs increased drastically. This is an indication that the traditional financial institutions see crypto as essential. Even though traditional finance initially The post Goldman Sachs “U-Turn”: Massive Increase in Bitcoin and Ethereum ETF Investments – A Crypto Market Signal? appeared first on CryptoNinjas.

2025-2-14 17:48


Фото:

Crypto’s winners and losers: who’s cashing in on the Bitcoin boom?

The cryptocurrency world is awash in new wealth as Bitcoin’s record-breaking climb above $90,000 propels the total value of digital assets past a staggering $3.2 trillion. Forbes estimates that 11 of the top crypto billionaires, whose holdings are predominantly liquid tokens and stocks, have collectively added $38 billion to their fortunes in 2024. Remarkably, $24 […]

2024-11-20 14:48


Bitcoin Price Breaks $60K – Why Is The Crypto Market Up Today?

This is turning out to be a great week for crypto. Bitcoin price just broke past the $60K level for the first time this month. In fact, remember how everybody was saying September is historically bad for crypto? We’re almost halfway through the month, and this is, for now, a “green” month since the BTC […] The post Bitcoin Price Breaks $60K – Why Is The Crypto Market Up Today? appeared first on CaptainAltcoin.

2024-9-14 00:52