When the waters warmed up in the cryptocurrency market, the whales are back and picking up where they left off. A giant whale, which previously filled its wallets with BLUR and DYDX, continues to add BLUR to its wallet. Keep reading us for more…
Giant cryptocurrency whale transfers 22,000 ETH to Binance
As reported by Lookonchain, the giant whale address starting with 0x2E5f has pulled 25,855 Ethereum (worth about $54 million) and transferred 22,000 ETH (worth about $46 million) to Binance. The address later pulled approximately 13.26 million USDT from Binance.
Whale that bought BLUR and DYDX got 1 million more BLUR
According to Twitter user Remnant, the giant whale, which previously bought BLUR and DYDX via OTC (Over-the-Counter market), has purchased another 1 million BLUR from Amber Group for 682,133 USDC. 1.4 million DYDX (at an average cost of $2.57) and 5.5 million BLUR (at an average cost of $0.66) are now purchased from this address.
Millions of XRP swallowed by cryptocurrency whales
Crypto data tracker Whale Alert has detected that millions of XRP have been shifted to anonymous whale wallets in recent days. Whale Alert reports two major transactions in which large amounts of XRP, about 48.8 million tokens, were moved from exchanges to unknown wallets.
The first is 25,342,122 XRP worth $12,940,229 transferred from Binance to an unknown wallet. The other is 23,500,000 XRP worth $12,307,916 transferred from Bitso exchange to an unknown wallet. Investors often take cryptos away from exchanges to buy them or store them in cold storage. At press time, XRP was trading at $0.5101, down 2.12% in the last 24 hours.
Significant XRP signal emerged against Bitcoin
XRP rallied in Bitcoin on April 14 after bouncing from a key support after losing strength against Bitcoin for days. After six days of decline, XRP hit a low of $0.00001678 on the Bitcoin matchup on April 14.
As soon as support was formed at this level, XRP started to rise. If the gains continue, today could be the fourth day of earnings in a row.
In this regard, the recovery trend is expected to continue in the short term, at least until an important barrier of $0.00002 is reached. This is important as most XRP rallies occur as its value in Bitcoin pairing increases.
cryptocoin.comAs you follow, XRP started to increase in mid-March and reached a high of $ 0.584 before pulling back on March 29. During the aforementioned time frame, XRP peaked at $0.00002 before falling in value compared to Bitcoin.
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