Main navigation

Whales Shift Whopping 330,000 ETH After Ethereum Hit New ATH of $1,756

News
Sat, 02/06/2021 - 09:09
article image
Yuri Molchan
Cryptocurrency tracker Whale Alert has detected several gargantuan transfers of Ethereum, while ETH reached a new all-time high, surging above $1,700 for the first time
Whales Shift Whopping 330,000 ETH After Ethereum Hit New ATH of $1,756
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Contents

Whale Alert crypto tracking service has spotted around a dozen lumps of ETH transferred by anonymous holders between wallets with unregistered owners and also from and too crypto exchanges.

The total amount equals slightly under 330,000 Ethers, which is 560,813,714 in USD.

Whales shift $560,813,714 in ETH

According to Whale Alert, almost a dozen transactions, both gargantuan and small ones, have been made over the past twenty hours, carrying a total of 330,000 ETH.

This happened while ETH hit a new all-time high of $1,756 around fifteen hours ago.

ETH
Image via Twitter

Related
Elon Musk’s Twitter Poll Offers Choice – Is It DOGE or All Other Crypto Combined?

Ethereum hits a new all-time high, Bitcoin soars above $39,000

On Friday, February 05, the second largest cryptocurrency soared above the $1,700 level for the first time ever and reached an all-time high of $1,756.

One of the factors that was likely to drive this surge was the launch of ETH-based futures on CME, the exchange that provides services for financial institutions.

Bitcoin has also been showing an uptick. Earlier today, the world’s biggest cryptocurrency, referred by many as “digital gold”, soared from the $37,837 mark above $38,000 and the on to the $39,548 level, where it is sitting at press-time.

article image
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.