Deep-pocketed crypto investors are abruptly shifting hundreds of millions of dollars worth of digital assets to and from unknown wallets.
New data from whale-surveying platform Whale Alert reveals that over $350 million worth of Bitcoin (BTC), the top crypto asset by market cap, was moved in two separate transactions.
The first transaction saw a crypto whale move 3,599 BTC ($252,067,077) from one unknown wallet to another while the second transaction saw 1,500 BTC ($105,528,550) shifted from an unknown wallet to another.
Bitcoin is trading for $69,671 at time of writing, a 1.9% decrease during the last 24 hours but a 10.7% increase from its seven-day low of $62,932 set on March 22nd.
According to Whale Alert, crypto whales also moved over $100 million worth of XRP, the digital asset associated with payments platform Ripple, and less than $100 million of each Ethereum (ETH), the second-largest crypto asset by market cap, and Chainlink (LINK), a provider of decentralized or
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