New data finds that deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH), to and from prominent crypto exchange platforms.

According to whale-surveying platform Whale Alert, crypto whales have suddenly shifted $780 million worth of virtual currencies, nearly $500 million of which is the top crypto asset by market cap.

Transactions involving Bitcoin on Whale Alert’s radar include:

• 3,167 BTC worth $139,724,560 transferred from an unknown wallet to crypto exchange Coinbase.
• 2,000 BTC worth $88,297,346 transferred from Coinbase to an unknown wallet.
• 1,380 BTC worth $61,038,659 transferred from Coinbase to an unknown new wallet.
• 2,250 BTC worth $100,136,748 transferred from one unknown wallet to another.
• 584 BTC worth $25,629,293 transferred from crypto exchange Binance to an unknown wallet.
• 1,815 BTC worth $79,636,169 transferred from crypto exchange Kraken to crypto exchange Bitfinex.

Bitcoin is trading for $43,436 at time of writing, a 1.2% decrease during the last 24 hours.

Other transactions noted by Whale Alert involving altcoins, such as the leading smart contract platform, the popular meme asset Dogecoin (DOGE) and XRP, include:

• 14,629 ETH worth $33,300,497 transferred from an unknown wallet to Coinbase.

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Author: Mehron Rokhy

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