A giant whale address transferred 157,453 LINK to Binance after holding the position for five months. Another whale has collected 1.85 million ARBs from crypto exchange OKX. Meanwhile, 40 million MATICs were sent to Binance from Polygon Staking addresses. Finally, a large amount of these altcoin tokens were moved from two major crypto exchanges. Keep reading us for details…
Giant whale address transfers 157,000 LINK to Binance
A giant whale address has transferred 157,453 LINK (worth approximately $1.13 million) to cryptocurrency exchange Binance after holding the position for five months, according to spot on-chain data. The whale address is recorded to have accumulated 613,394 LINK between November and December 2022 at an estimated cost of $4.58 million and an average purchase price of $7.46. If he sells his current stash now (LINK is currently trading at $7.20), he could make a loss.
Lookonchain: A giant whale collects 1.85 million ARBs
According to the post by on-chain data monitoring platform Lookonchain, a giant whale address (starting with 0x0db8) has collected 1.85 million Arbitrums (ARB) from OKX. This in turn provided liquidity for ARBs at Trader Joe’s and Uniswap.
40 million altcoins transferred from Polygon Staking addresses to Binance
According to data shared by whale watching platform Whale Alert, 40 million MATIC (approximately $43.71 million) were transferred from Polygon Staking addresses to Binance.
73.5 million XRP moved by two major exchanges
Popular cryptocurrency tracker Whale Alert has detected two transactions in which large amounts of XRP were moved from two major crypto exchanges, Crypto.com and Binance. Both transactions were made to anonymous wallets as tagged by Whale Alert.
Two crypto exchange giants have rowed $37 million in XRP. Whale Alert shared that in the last 24 hours, the Crypto.com exchange has transferred 50,000,000 XRP, and Binance has moved 23,555,362 XRP worth $25,409,675 and $1,783,643. Details shared by XRP-focused explorer Bithump show that Crypto.com transferred 50 million XRP to Binance, and Binance made an internal transfer of 23.5 million XRP.
Altcoin project withdraws 1 billion XRP
cryptocoin.com As we reported, on April 1, fintech giant Ripple regularly withdraws money from escrow, releasing a staggering 1 billion XRP. After that, 700 million XRP was locked back.
According to the statement, the remaining 300 million coins will be used by the company to meet their current operational needs. In this context, some of this amount will be sent to crypto exchanges and financial institutions that are Ripple customers. As of this writing, the altcoin is changing hands at $0.5123, up 1.3% on a daily basis, according to data shared by popular crypto platform CoinMarketCap.
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