The biggest cryptocurrency whales transferred over a billion dollars in BTC, ETH, XRP and MATIC as the market plummeted.
Bitcoin moved $849.1 million in just two days
According to data provided by Whale Alert, the largest transaction took place between two anonymous whales. This transfer carried 10,000 Bitcoins worth $269.4 million.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 10,000 #BTC (269,386,473 USD) transferred from unknown wallet to unknown wallethttps://t.co/4qd0oWheQ0
— Whale Alert (@whale_alert) May 11, 2023
The other biggest Bitcoin transactions of recent days that got on Whale Alert’s radar included:
- An anonymous wallet transferred 2,028 BTC worth $53.41 million to crypto exchange Coinbase.
- An anonymous wallet transferred 999 BTC worth $26.38 million from Binance to an anonymous wallet.
- 867 BTC worth $22.89 million transferred from Binance to another anonymous wallet.
- In another transaction, 999 BTC worth $26.65 million flowed from the new Binance to another anonymous wallet.
- 5,500 BTC worth $146.79 million exchanged hands between anonymous wallets.
- In the last transaction, 9,714 BTC worth $262.07 million were transferred between the two anonymous wallets.
Polygon (MATIC)
The whale watching platform also states that a crypto whale is carrying a large amount of Polygon (MATIC). The pocket-pocket investor moved 30 million MATIC worth $24.94 million from Polygon Staking to an unknown wallet.
🚨 30,000,000 #MATIC (24,946,877 USD) transferred from Polygon Staking to unknown wallethttps://t.co/kZoahSJBdg
— Whale Alert (@whale_alert) May 12, 2023
Ethereum (ETH)
Ethereum transactions on Whale Alert’s radar:
- An anonymous wallet transferred 22,860 ETH worth $40.46 million to Binance.
- 70,000 ETH transfers worth $123.91 million were made between anonymous wallets.
🚨 🚨 🚨 🚨 🚨 70,000 #ETH (123,917,893 USD) transferred from unknown wallet to unknown wallethttps://t.co/UuB6exZ3Tu
— Whale Alert (@whale_alert) May 12, 2023
According to the whale watching platform, two major transactions took place on the smart contract platform Ethereum on May 11, totaling a total of $164.4 million. ETH price is currently trading at $1,794.33, down 5% weekly.
XRP
Whale Alert also shows that whales are focusing on XRP as well. A crypto whale moved 50,000,000 XRP, worth $20.95 million at the time, from Ripple to another anonymous wallet. In another transaction, 28,000,000 XRP worth $11.59 million exchanged hands between anonymous wallets.
🚨 28,000,000 #XRP (11,599,758 USD) transferred from unknown wallet to #Bitstamphttps://t.co/G8L7cQjwdk
— Whale Alert (@whale_alert) May 11, 2023
Meanwhile, in the latest developments from XRP, Avorak AI has announced that it has started beta testing for XRP Trading Algos. The AI crypto project aims to provide investors with cutting-edge AI-driven trading algos designed to navigate the uncertain and volatile XRP market.
Ethereum (ETH) stalled for the second time this week
As Cryptokoin.com reported, there was another interruption in the Ethereum network on the evening of May 12. The first one lasted 25 minutes on May 11. The developers stated that Ethereum nodes are experiencing problems.
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