Whales sell Bitcoin and buy Ethereum: latest data

Whales and institutions actively rebalance assets

The cryptocurrency market is seeing high activity from major players. Over the past three days, an unknown whale sold 1,074 BTC worth $89.5 million and acquired 36,159 ETH valued at $90.6 million.

Fund movements by the founder of POAP Protocol

The founder of the POAP protocol transferred another 10,000 ETH ($25.1 million) to the Gemini exchange. In total, over the last 9 days, he has sent 18,000 ETH ($45.9 million) to exchanges. Approximately $103 million in ETH and WETH remains in his wallets.

Analysis of profitable trades by large holders

Position closures by major players may indicate profit-taking or a change in portfolio strategy. The dynamics of fund movements are tracked via public blockchain data.

Information is based on data from the Crypto Headlines Telegram channel and Lookonchain publications.

Data sources

For up-to-date transaction data, you can refer to official analytics sources.

Also see: Lookonchain