Crypto whales have been moving hundreds of millions worth of Bitcoin (BTC), the largest cryptocurrency by market cap and the largest meme token amid the market Dogecoin (DOGE) as markets take a break for a needed consolidation.
According to Whale Alert, the tracker of large transactions of crypto assets that first spotted and reported the transaction, there have been large transfers of BTC and DOGE worth relative $531 million.
The largest of the transactions in the past day involved the movement of 14,159 BTC worth $421.71 million from a wallet of unknown origin to another.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 14,159 #BTC (421,719,993 USD) transferred from unknown wallet to unknown wallethttps://t.co/dgoE4DOlFq
— Whale Alert (@whale_alert) July 21, 2023
According to Whale Alert, the whopping transaction only cost the deep-pocketed investor $3 only.
In another large transaction reported by the whale tracker, the second Bitcoin whale transferred 1,890 BTC worth $56.54 million from a wallet of unknown origin to US-based crypto exchange Coinbase, where it could be sold off permanently on the open market.
At the time of filing this report, BTC is trading at $29822, with little or no change in price in the last 24 hours, according to CoinMarketCap.
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Whales Movement of Dogecoin (DOGE)
Looking at the activities of large Dogecoin holders, Whale Alert learned and reported that one unknown entity moved 450,000,000 DOGE worth $32.93 million from an unknown wallet to the popular investing platform Robinhood.
🚨 🚨 450,000,000 #DOGE (32,933,519 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/cqa8dAFAPn
— Whale Alert (@whale_alert) July 21, 2023
Meanwhile, an unknown crypto wallet received 117,717,363 DOGE worth $8.58 million from Robinhood.
🚨 117,717,363 #DOGE (8,585,105 USD) transferred from #Robinhood to unknown wallethttps://t.co/2oGiZ9GtUZ
— Whale Alert (@whale_alert) July 21, 2023
In a different Dogecoin transaction, a wealthy investor transferred 85,000,000 DOGE worth $6.17 million from a wallet of unknown origin to the crypto exchange Binance.
🚨 85,000,009 #DOGE (6,177,001 USD) transferred from unknown wallet to #Binancehttps://t.co/iOr8PgBKfV
— Whale Alert (@whale_alert) July 21, 2023
The last large Dogecoin movement in the last 24 hours involves a crypto whale relocating 78,962,318 DOGE from Robindhood to an unknown wallet.
🚨 78,962,318 #DOGE (5,760,416 USD) transferred from #Robinhood to unknown wallethttps://t.co/wRgqMa1T88
— Whale Alert (@whale_alert) July 21, 2023
At the time of writing, DOGE is trading at $0.07491, with a relatively 4% price upsurge based on 24-hour estimation, according to CoinMarketCap.
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