As digital asset markets continue to adjust, crypto whales are moving hundreds of millions of dollars worth of Ethereum (ETH) and Dogecoin (DOGE).
Blockchain tracking service Whale Alert reports that a well-funded Ethereum holder transferred 323,430 ETH worth $488.67 million from an unknown wallet to popular US cryptocurrency exchange Coinbase the day before. doing.
At the time of writing, Ethereum is trading at $1,533, up more than 1% in the last 24 hours. Even after last week’s market-wide retracement, the leading smart contract platform is up more than 28% this year.
Whale Alert found that large Dogecoin holders are also on the move. A mysterious whale transferred his $99.23 million worth of DOGE 1.2 billion in three transactions, according to a blockchain tracker.
As of this writing, DOGE is worth $0.082, a slight increase for the day. Despite the current crypto correction, the top meme coin is still up 18% this year.
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