• Whale Alert reveals that one high-net-worth trader suddenly moved 14,159 Bitcoin (BTC) worth a staggering $421.7 million from one unknown wallet to another.
• Smart contract platforms Ethereum (ETH) and Solana (SOL) saw transfers of $51.6 million and $53.9 million respectively.
• Popular dog-themed meme asset Shiba Inu (SHIB) and decentralized oracle network Chainlink (LINK) also saw large transfers worth millions of dollars.
Whales Move Over $640 Million in Cryptocurrency
Whale Alert has recently revealed that one high-net-worth trader suddenly moved 14,159 Bitcoin (BTC), worth a staggering $421.7 million from one unknown wallet to another. This is part of an overall trend of large scale cryptocurrency transfers, involving the king crypto as well as other top altcoins like Ethereum (ETH), Solana (SOL), Shiba Inu (SHIB), and Chainlink (LINK).
Bitcoin Transactions Worth Over $400 Million
The data released by Whale Alert shows that in addition to the 14,159 Bitcoin transferred for over $400 million, 1,881 BTC was also transferred for $55.9 million from an unknown wallet to Coinbase – the leading US-based crypto exchange platform.
Ethereum and Solana Transfers Totaling Over 100 Million
The whale activity also involved the transfer of 27,366 ETH from Binance US to an unknown wallet totaling $51.6 million as well as 2,000,000 SOL transferred from Binance to an unknown wallet valued at over $53million. Further activity included 409,823 SOL moved from an unknown wallet to Binance valued at around 10$3million .
Shiba Inu and Chainlink Also Involved
Other notable transactions recorded on the whale tracking platform include 2,416,836656 SHIB worth over 18$7million moving from Binance US to an unknown wallet as well as 3,743238 LINK being transferred between two unknown wallets amounting up to 29$9million in value .
High Net Worth Traders Moving Hundreds of Millions in Crypto Assets
It is clear that deep pocketed crypto investors are quickly shifting hundreds of millions of dollars’ worth of digital assets across various platforms including cryptocurrency exchanges such as Coinbase and Binance US which offer users access to a wide variety of digital assets like Bitcoin , Ethereum , Solana , Shiba Inu , and Chainlink .