Crypto Updates

Whales Move Over $590,000,000 in Bitcoin, XRP, Dogecoin and Pepe – Here’s Where the Crypto’s Headed

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

New data reveals that deep-pocketed crypto investors are shifting hundreds of millions of dollars worth of crypto assets, including Bitcoin (BTC) and Dogecoin (DOGE).

According to data from whale-surveying platform Whale Alert, about $544 million worth of the top crypto asset by market cap has been moved into crypto exchanges or unknown wallets.

Transactions involving the king crypto on Whale Alert’s radar include:

Other notable transactions on Whale Alert’s radar include traders relocating millions of dollars worth of memecoins Pepe (PEPE) and DOGE as well as XRP, the digital asset used to operate Ripple Labs’ payments platform.

Those transactions include:

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/IvaFoto

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