Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets as Bitcoin (BTC) dips below $27,000.
New data from whale-surveying platform Whale Alert shows that high-net-worth traders have abruptly moved over $660 million worth of Bitcoin, Ethereum (ETH), and Chainlink (LINK).
Nine of the 14 transactions moved digital assets to exchanges Binance, Coinbase, Gate.io and OKX.
The combined $426.9 million worth of BTC transactions on Whale Alert’s radar include:
753 BTC worth $20,027,198 transferred from an unknown wallet to Coinbase.
4,000 BTC worth $108,809,426 transferred from Bitfinex to an unknown wallet.
1,062 BTC worth $28,965,043 transferred from an unknown wallet to Binance.
2,927 BTC worth $79,646,728 transferred from an unknown wallet to Coinbase.
3,999 BTC worth $109,277,857 transferred from an unknown wallet to an unknown new wallet.
2,925 BTC worth $80,258,506 transferred from unknown wallet to Coinbase.
Bitcoin is trading for $26,559 at t
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