Whale Watching: Exchange transfers dominate this week with $147.5m BNB move

12 Jul, 2019 | Updated: 12 Jul, 2019
by Ryan Boltman
Analysis
Whale Watching: Exchange transfers dominate this week with $147.5m BNB move

This week saw a mixture of whale moves for the first time in ages. With a total of $532.16 million in whale moves this week with plenty of internal exchange transactions. 

While Bitcoin continued to remain volatile, which normally means BTC dominates the top 5 whale moves each week like it has in the previous two weeks, this week we see four different coins making up the top 5, with BTC only claiming second and third spot. Ethereum, Chainlink and Binance Coin also feature. One of the noticeable points seen this week is the amount of BTC whale moves over $50 million was extremely high this week, with no less than 10 of them seen moving across the blockchain.

 Internal exchange whale moves dominated this week, with Binance moving a massive $1 billion in Bitcoin on July 9th, that transaction has been excluded but information on it can be found in our previous post

TOP 5 LARGEST WHALE MOVEMENTS

This week sees Binance Coin take the top whale move with a $147.57 million BNB move, followed by BTC for second and third, Chainlink (LINK) also join the list with a massive $94.28 million followed by Ethereum taking the fifth space with $81.6 million transaction. 

The total week saw $532.16 in whale moves.  


5. 300,000 #ETH (81,607,214 USD) transferred from unknown wallet to unknown wallet - 11 July


4. 30,390,872 #LINK (94,285,350 USD) transferred from unknown wallet (Last used 4 months ago) to unknown wallet - 9 July

3. 8,804 #BTC (102,302,866 USD) transferred from unknown wallet to unknown wallet -11 July


2. 8,853 #BTC (106,400,007 USD) transferred from unknown wallet to unknown wallet - 10 July

1. 4,500,000 #BNB (147,570,597 USD) transferred from unknown wallet (Last used 4 months ago) to unknown wallet - 9 July

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