Whales Move Over $475,000,000 in Bitcoin (BTC), Polygon (MATIC) and XRP – Here’s Where the Crypto’s Headed

Crypto whales are suddenly moving hundreds of millions of dollars worth of prominent crypto assets such as Bitcoin (BTC), Polygon (MATIC) and XRP.

New data from whale watching platform Whale Alert reveals deep-pocketed crypto investors are moving their royal cryptocurrencies to and from various wallets and crypto exchange platforms. .

one wealthy investor moved 5,502 BTC worth $124,830,222 from one unknown wallet to another investor deviated $113,427,139 worth 5,000 BTC from unknown wallet to another wallet.

Other notable deals involving the top crypto assets by market capitalization on Whale Alert’s radar include:

  • 5,000 BTC worth $113,427,139 forwarded From an unknown wallet to another unknown wallet.
  • 902 BTC worth $20,549,808 forwarded From the crypto exchange Coinbase to an unknown wallet.
  • 1,300 BTC worth $29,859,483 forwarded From unknown wallet to cryptocurrency exchange Coinbase.

Whale Alert also focuses on whale activity, with a focus on Layer 2 scaling solutions MATIC and XRP, the cryptocurrency used to power Ripple Labs’ payment platform.

Whale research platform allows wealthy investors to moved 20,000,000 MATIC worth $26,589,171 from unknown wallet to another wallet, $23,800,532 worth 18,000,000 MATIC different Unknown wallet to another wallet.

Turning to XRP, Whale Alert focuses on two transactions. The first is the crypto whale shuffling Over 34,000,000 XRP worth $13,586,728 from an unknown wallet to cryptocurrency exchange Bitstamp.

The second transaction saw a wealthy trader. move 25,400,000 XRP worth $10,068,153 was transferred from cryptocurrency exchange Bitso to an unknown wallet.

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