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Deep-pocketed whales suddenly move over $363 million in Bitcoin (BTC) and XRP after Bitcoin reclaimed the $21,000 mark.
According to blockchain tracker and whale survey platform Whale Alert, the whales are moving in three separate transactions for a total of 11,611 Bitcoin valued at the time of writing at $240,675,134.
In the largest of King’s three notable crypto asset transactions on Thursday, Jan. 19, a whale moved 6,314 BTC worth $130,868,521 from an unknown wallet to crypto exchange Binance, according to Whale Alert. .
Another whale moved 3,336 BTC worth $69,226,236 from an unknown wallet to the Binance crypto exchange.
In a third transaction, 1,961 Bitcoins worth around $40,580,377 were transferred from the crypto exchange Gemini to an unknown wallet.
The three transactions come after Bitcoin surged around 30% in a matter of days. At the time of writing, Bitcoin is changing hands at $21,070.
Next on Whale Alert’s radar are the big XRP payment token transactions.
Three separate transactions move a total of 332,194,839 XRP valued at around $129,501,410 million.
A whale moved 61,094,839 XRP worth $102,414,350, the largest of the three transactions, from an unknown wallet to another unknown wallet.
A second whale moved 40,000,000 XRP worth $15,238,852 from an unknown wallet to the Bitstamp crypto exchange.
In the third transaction, 31,100,000 XRP worth $11,848,208 were moved from the Bitso crypto exchange to an unknown wallet.
XRP is trading at $0.394 at the time of writing. The 6th largest crypto asset by market capitalization is up over 26% from its month low. XRP is also down more than 88% from its all-time high of $3.84, which it reached in January 2018.
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