Whales Move $384,900,000 in Bitcoin and Two Ethereum-Based Altcoins in Span of Just 8 Minutes
Three seemingly synchronous crypto whales appeared out of nowhere on Monday, throwing serious amounts of Bitcoin and two Ethereum-based altcoins around.
The first whale moved 229,355,145 Decentraland (MANA) worth $165.6 million from an unknown wallet to another wallet of unknown origin.
Decentraland is a decentralized online gaming and metaverse platform focused on the creation, management and sale of virtual real estate.
The big whale transfer comes with the platform’s native token, MANA, up 2.1% in the last 24 hours at $0.73.
Just four minutes after the MANA transfer, another anonymous whale abruptly moved 13,161,093 Chainlink (LINK) worth $106.8 million to an unknown wallet.
Chainlink is an Ethereum-based decentralized data feed focused on bringing accurate real-world data into decentralized networks.
Its native token, LINK is trading at $8.15 at time of publishing, up 0.1% in the last day.
Like clockwork, another four minutes later, a Bitcoin (BTC) whale emerged, transferring 4,600 BTC worth $112.5 million.
And once again, the transfer happened between two unidentified wallets.
In total, the three whales moved $384.9 million in crypto, and none of the big transfers appear to involve any known investors, organizations or crypto exchanges.
This suggests that none of the crypto involved is on the verge of being sold on the open market.
Bitcoin is worth $24,858 at time of publishing, up 0.6% in the last 24 hours.
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