Crypto Investors Trigger Flurry of Massive Bitcoin and XRP Transactions

Whales are moving their Bitcoin and XRP holdings in a slew of giant transactions as the broader crypto market continues to consolidate.

In all, a total of 22,860 BTC worth $419.4 million was transferred in the last 36 hours or so. The largest transaction during the timeframe involves moving 11,723 BTC worth $216.2 million from one wallet of unknown origin to another.

In another transaction, a whale transferred 3,000 BTC worth $55 million from an unknown wallet to web-based Bitcoin wallet Xapo.

In a separate transaction, a big-time Bitcoin holder relocated 2,500 BTC worth $45.2 million from a wallet of unknown origin to crypto exchange Bitfinex. Here’s the summary of other recent BTC transactions:

Meanwhile, whales of Ripple’s native asset are also making their presence felt after moving over 821 million XRP worth $435 million in the same time period. The largest transaction witnessed the relocation of 246.85 million XRP worth $134.5 million between two unknown wallets.

In another transaction, a high-stakes crypto holder shifted 70 million XRP worth $36.3 million between two wallets of unknown origins.

In a different transaction, a whale moved 59.69 million XRP worth $32.9 million from an unknown wallet to crypto exchange CEX.io. Here’s the summary of all other XRP transactions within the last day and a half: 

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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.

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The post Crypto Investors Trigger Flurry of Massive Bitcoin and XRP Transactions appeared first on The Daily Hodl.

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