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  • Bitcoin Whales Move 20,974 BTC As Crypto Market Heats Up – BTC, XRP, Ethereum, Litecoin Forecast

Bitcoin Whales Move 20,974 BTC As Crypto Market Heats Up – BTC, XRP, Ethereum, Litecoin Forecast

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Bitcoin whales are out to play, as the price of BTC surges above $5,500.

In the last 10 hours, whales have moved 20,974 BTC, worth more than $116 million. The single biggest transfer, totaling 9,000 BTC worth $49.8 million, was from one unknown wallet to another.

Whale watchers are tracking a total of seven transactions, with most of the BTC heading to unknown wallets.

One transfer of 1,200 BTC worth $6.7 million was sent from an unknown wallet to the crypto exchange Bitfinex, which indicates the crypto trader may be thinking about selling.

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For the most part, the crypto market remains in the green, according to data compiled by Coin360. Bitcoin is up 5.29% at $5,584. Ethereum is up 2.47% at $174.10, and XRP is up 0.77% at $0.3259.

Technical analysts are mixed across the board on Bitcoin, Ethereum, XRP and Litecoin, with $5,700 as the new level of near-term resistance for BTC.

Bitcoin

Ethereum

Live Bitcoin News ETH bulls eyeing fresh 2019 high

XRP

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Litecoin

Modified image via Wikimedia/Zarateman/CC 1.0

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.