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$1.34 Billion in Ethereum Kicked Over by Whales as ETH Rises Above $3,800

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Fri, 10/15/2021 - 08:35
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Yuri Molchan
According to recent analytics data from a crypto tracker, anonymous whales have been shifting massive amounts of Ether, while the price spikes above $3,800
$1.34 Billion in Ethereum Kicked Over by Whales as ETH Rises Above $3,800
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According to Whale Alert, more than 10 substantial Ethereum stashes have been transferred over the past 20 hours by anonymous holders of Ethereum.

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Image via Twitter

Whales transfer $1,334,293,412 in ETH again

All in all, 15 large transactions carried an astounding 1.348 billion worth of Ethereum. The smallest one carries 10,000 ETH—the equivalent of $38 million. The largest lump transferred by whales contained 50,000 ETH, worth $183,307,518.

Two crypto platforms—Binance and Blockfolio—participated in several of those transactions as well, according to the aforementioned blockchain tracking service.

In the meantime, the second-most popular cryptocurrency, ETH, surpassed the $3,820 level earlier today, following Bitcoin in its rise above the $60,000 level for the first time since April when it hit an all-time high of $64,800.

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BREAKING: Bitcoin Reaches $60K for the First Time Since April

By now, however, Ethereum has dropped a little, trading at $3,783, as per data provided by CoinMarketCap.

As reported by U.Today, on Oct. 14, crypto whales also shifted a massive amount of Ethereum—over $1.19 billion worth of it.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.