Whale Watching: BTC rally sees $201m in BTC whale moves this week

10 May, 2019
by Ryan Boltman
Analysis
Whale Watching: BTC rally sees $201m in BTC whale moves this week

This week saw BTC continue its rally into new 2019 highs as the number one cryptocurrency broke $6,000 for the first time since last year. The positive price action clearly had an impact on this week's whale moves, which saw bitcoin take the top three spots with a combined $201m

This weeks saw bitcoin reign supreme as BTC claimed first, second and third spot. XRP claimed fourth spot with EOS taking fifth place. The combined whale moves this week saw $300 million transferred.


Bitcoin dominating the whale moves this week comes as no surprise, Bitcoin has seen a dramatic 45% increase in price in recent months with the price now surging over $6,300. Whales clearly took advantage of the positive price sentiment and shifted coins around. While there were plenty of BTC whale transactions, EOS and XRP managed to pip most of them to the top 5, including the Binance hacked transaction which totalled $40m when the transaction took place.


TOP 5 LARGEST WHALE MOVEMENTS

This week sees the top 5 transactions total $300 million moved for a combined fee of $24.63, with the entire fee basically coming from the bitcoin transactions.  

5. 10,000,000 #EOS (49,033,287 USD) transferred from unknown wallet to unknown wallet - 7 May

Tx Cost: $0.000


4. 165,000,000 #XRP (49,794,043 USD) transferred from unknown wallet to unknown wallet - 8 May

Tx Cost: $0.000


3. 9,000 #BTC (54,962,126 USD) transferred from unknown wallet to unknown wallet - 9 May

Tx Cost: $0.91


2. 10,015 #BTC (59,124,078 USD) transferred from #Bitfinex to unknown wallet - 7 May

Tx Cost: $1.19

1.15,000 #BTC (87,750,080 USD) transferred from unknown wallet to unknown wallet - 7 May

Tx Cost: 22.53

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is now LIVE in Blockfolio! This is how you receive our latest news in your portfolio tracker!  

Poll

Is Bitcoin on its way to $8,000?

(190 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage