Whale Watching: 4 coins make the top 5 with Ethereum $32M move topping list

22 Feb, 2019 | Updated: 22 Feb, 2019
by Ryan Boltman
Whale Watching: 4 coins make the top 5 with Ethereum $32M move topping list

This week saw a ton of action of whale watch moves. Majority of the moves saw between $7m and $15m moved between wallets. However, top spot this week goes to Ethereum who had a transfer 218,675 ethereum sent, valued at $32.3 million.  

This week sees a varied list of of coins on the top five. There were no massive whale moves in contrast to some of the past we have seen this month. However, this is the first time such a wide variety of coins is seen in the top five. Bitcoin fell short of the top spot behind ETH, XRP and KuCoin's KCS.

Plenty of moves were made this week below the $15 million mark, including several USDC and bitcoin transactions.

Read more: The 10 largest Bitcoin whale movements in history: from 66K to 500K (!) BTC

The combined value of this week's whale moves sees $126.5 million moved for a fee of $5.93, bitcoin making up 97% of the transaction fees. The surprise candidate this week sees KuCoin's KCS token on the list. This address has been confirmed as a KuCoin cold storage address. So it appears the team have just moved some tokens around. Funds are safu.

Read more: What are Bitcoin whales and do they really control the market?

The Ethereum transaction could possibly be an ICO that is moving funds, although no evidence of this is shown. XRP also appears once again on the list. It appears the Ripple Over-the-counter (OTC) trading desk is extremely busy as of late.

Image from Gyazo



5. 4,000 #BTC (15,914,600 USD) transferred from #Bitfinex to Unknown wallet - 20 Feb

TX Cost: $4.16


4. 5,000 #BTC (19,802,282 USD) transferred from Unknown wallet to #Bitfinex - 20 Feb

TX Cost: $1.65


3. 60,000,000 #KCS (26,397,957 USD) transferred from #Kucoin to Unknown wallet - 17 Feb

TX Cost: $0.05




2. 100,000,000 #XRP (32,062,080 USD) transferred from Ripple Escrow wallet to Ripple OTC Distribution wallet - 21 Feb

TX Cost: $0.00016




1. 218,675 #ETH (32,343,818 USD) transferred from Unknown wallet to Unknown wallet - 21 Feb

TX Cost: $0.07

Read More: Who are known Bitcoin whales? 5 famous whales in the cryptocurrency space

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