Crypto whales are abruptly moving hundreds of millions of dollars worth of XRP, Binance Coin (BNB), Polygon (MATIC), and Curve (CRV).
New data from what-surveying platform Whale Alert shows that deep-pocketed crypto investors have been shifting their altcoins to and from unknown crypto wallets and crypto exchange platforms.
Notable XRP transactions include 26,418,948 XRP worth $10,573,032 transferred from Bitstamp to an unknown wallet, 30,000,000 XRP valued at $12,096,528 moved from an unknown wallet to Bitstamp, and 29,000,000 XRP worth $11,694,512 shifted from an unknown wallet to Bitstamp.
XRP is changing hands for $0.40 at time of writing, a 2.3% increase on the day.
Other digital assets on the move include BNB, the native asset of Binance, the world’s largest crypto exchange platform by volume, Ethereum (ETH) scaling solution Polygon, and CRV, the crypto asset of decentralized exchange platform Curve Finance.
BNB is valued at $299.58 at time of writing, a fractional gain during the last 24 hours. According to Whale Alert’s data, the most massive transactions came when the whales moved their BNB.
One high-net-worth trader moved 800,000 BNB worth $238,244,053 from Binance to an unknown wallet while another relocated 422,036 BNB valued at $125,657,497 from one unknown wallet to another.
Other significant transactions from crypto whales on Whale Alert’s radar include:
- 9,000,000 MATIC worth $7,859,667 transferred from an unknown wallet to Binance.
- 15,000,000 CRV worth $10,261,544 transferred from AAVE to an unknown wallet.
- 10,000,000 CRV worth $6,835,697 transferred from an unknown wallet to AAVE.
MATIC is trading for $0.84 at time of writing while CRV is changing hands for $0.67.
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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.
Featured Image: Shutterstock/Bushko Oleksandr/Sensvector
