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Over $2,200,000,000 in Ethereum Moved By Whales As Miners Troop Into the Second-Largest Crypto Asset

Ethereum

Whales are currently moving more than $2.2 billion in Ethereum (ETH) just this week. Additionally, the record shows this for 11 separate transactions. Information from crypto tracker Whales Alert reveals.

More so, This massive move is coming as Eth sees price spike and Miners balances continues surging. Which of course, Blockchain analytics firm Santiment reports the data accurately.

“#Ethereum is up to $3,480, the coin’s highest price in 16 days…”
“Notably, miner balances have continued to skyrocket. 532.75k $ETH is the largest balance…”
“…held by miners since July 13, 2016. The value of these…”
“…coins is $1.85B, easily an #AllTimeHigh.”


Currently, ETH is trading $3,588.59 at time of writing, amounting to over 28% increase in the past week. CoinGecko reveals information.

Additionally, Whales Alert details shows the largest of the tracked transactions of an unknown wallet transferring a massive 227,371 ETH. Calculatively, this amounts to more than $784 million to another unknown wallet.

Conclusively, There’s a details on the Whales transaction including several significant transfers to and from crypto exchanges.


Whales Breakdown


33,035.72 ETH worth nearly $113 million sent from Binance to an unknown wallet

30,000 ETH worth more than $104.4 million sent from an unknown wallet to Binance

33,481.523 ETH worth more than $113.7 million sent an unknown wallet to an unknown wallet

26,854.955 ETH worth more than $92.8 million sent from an unknown wallet to FTX

Whales alert continues…

20,240.879 ETH worth more than $69.9 million sent from Binance to an unknown wallet

19,551.967 ETH worth more than $69.1 million sent from an unknown wallet to FTX

44,455.164 ETH worth more than $156.2 million sent from an unknown wallet to an unknown wallet

48,000 ETH worth more than $167.7 million sent from Bithumb to an unknown wallet