Cryptocurrency Q&A
When did whales move ETH & Bitcoin?
When did whales move ETH & Bitcoin?
HallyuHero
Thu Jul 11 2024
|
6 answers
1545
As a keen observer of the cryptocurrency market, I'm curious to know - when did the whales, those large investors with significant holdings, begin moving Ethereum (ETH) and Bitcoin (BTC)? Was there a particular market trend or news event that sparked this movement? Did they gradually increase their transactions over time, or was it a sudden, significant shift? Understanding the timing and motivation behind these moves could provide valuable insights into the overall market dynamics.
6 answers
Caterina
Sat Jul 13 2024
Specifically, whales - major investors with significant holdings - began to transfer substantial quantities of Ethereum and Bitcoin onto exchanges, indicating their intention to sell.
Was this helpful?
261
26
BlockchainBaronGuard
Sat Jul 13 2024
On the 20th of May, Ryan Allis observed a significant shift in the cryptocurrency market.
Was this helpful?
378
50
Alessandra
Fri Jul 12 2024
Initially priced at $3.4k, ETH's value crashed to $3,009 within a mere six-hour period.
Was this helpful?
197
31
CryptoTrader
Fri Jul 12 2024
In Allis's post, he detailed a transaction that occurred around 12:40 am UTC, involving the movement of 500,095 ETH.
Was this helpful?
147
27
Giulia
Fri Jul 12 2024
At the time, this amount was valued at approximately $1.65 billion.
Was this helpful?
328
67
Load 5 more related questions
