Ethereum Whale Suddenly Moves Over $102,000,000 in ETH – Here’s Where the Crypto is Heading

A crypto whale has just transferred 64,000 Ethereum (ETH) worth over one hundred million dollars to an unknown wallet.

According to blockchain tracking platform Whale Alert, tThis deep-pocketed crypto holder transferred $102,134,766 worth of ETH to an unknown address that still holds the transferred assets at the time of writing.

Ethereum network explorer Etherscan reveals that the sending wallet belongs to the US branch of Binance, the world’s leading crypto exchange.

The wealthy investor made a follow-up transaction on the same wallet just two hours after the mega transfer when he moved 15 ETH worth $23,988.

Whale Alert also reported several other massive crypto transfers this week:

Crypto analytics firm Santiment revealed earlier this month that Ethereum whales appear to be piling up as the price of the major altcoin hits a new high since June.

“Ethereum jumped over $1,880 after a positive CPI report on Wednesday. This two-month high price was accompanied by a major influx of ETH transactions worth $100,000 or more. occurs at the same time as whale addresses seem to accumulate.

Source: Santiment

ETH Currently changing hands for $1,589.54, down 1.4% on the day.

Don’t miss a beat – Subscribe to receive crypto email alerts straight to your inbox

Check Price Action

follow us on Twitter, Facebook and Telegram

Surf the Daily Hodl Mix

Check the latest news headlines


Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.

Featured Image: Shutterstock/arvitalyaart

#Ethereum #Whale #Suddenly #Moves #ETH #Heres #Crypto #Heading #Crypto

Related Articles

Back to top button