Whale Watching: Binance cold wallet moves $464 million for $3.72

07 Jun, 2019
by Ryan Boltman
Analysis
Whale Watching: Binance cold wallet moves $464 million for $3.72

This week on whale watching sees a Binance cold storage transfer move $464 million for a minimal fee of $3.72 as BTC occupies most of the list. 

Ethereum makes it onto the top five this week at number four, with Bitcoin dominating all other positions. Most notable is the cold storage transfer from Binance for 59,294 BTC, equivalent to $464 million. Internal transfers are normally not added to the whale watching list, however due to the size and the transaction fee, we felt it was necessary to add it to the list this week.

Also on the list features a $124.2 million Ethereum transaction which saw 510,000 ETH transferred from Huobi to an unknown wallet.

TOP 5 LARGEST WHALE MOVEMENTS

This weeks top 5 transfers see $1.16 billion transferred for a total fee of $341.24

5. 14,160 #BTC (112,631,761 USD) transferred from #Coinbase to unknown wallet - 3 June

Tx Fee: $6.92


4. 510,000 #ETH (124,254,432 USD) transferred from #Huobi to unknown wallet - 4 June

Tx Fee: $0.17

3. 25,160 #BTC (213,365,388 USD) transferred from unknown wallet to #Coinbase - 3 June

Tx Fee: $186.16


2. 32,352 #BTC (253,737,420 USD) transferred from unknown wallet to unknown wallet - 4 June

Tx Fee: $144.28

1. 59,294 #BTC (464,452,994 USD) transferred from unknown wallet to unknown wallet - 6 June

Tx Fee: $3.71

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