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  • Crypto Whale Feasts on Litecoin, Institutional Exchange Backs XRP, and Swiss Stock Exchange Adds Ethereum-Based ETP

Crypto Whale Feasts on Litecoin, Institutional Exchange Backs XRP, and Swiss Stock Exchange Adds Ethereum-Based ETP

March 06, 2019

Litecoin

Litecoin whale watchers are tracking some big crypto movements today.

In the past 24 hours, the second biggest Litecoin wallet in existence received a huge amount of LTC across three separate transfers, adding a total of 99,290 LTC worth about $5.43 million. After a big drop last year, the wallet has been steadily adding large amounts of LTC throughout 2019, according to BitInfoCharts.

In the past month alone, the wallet has received 233,097 LTC worth about $12.75 million.

Ethereum

SIX Swiss Exchange – one of the biggest stock exchanges in Europe – just added a new Ethereum-based exchange-traded product (ETP).

Last November, SIX announced it would create an Ethereum-based ETP as well as ETPs for Bitcoin, XRP, Bitcoin Cash and Litecoin.

The newly launched ETP is backed by the Swiss startup Amun AG, and is listed under the name Amun Ethereum (AETH).

XRP

The Singapore-based crypto exchange Huobi just added XRP to its over-the-counter (OTC) trading platform for institutional investors.

#Huobi OTC #announcement is now here!$XRP @Ripple will launch on #Huobi #OTC at 10:00 6 March.

Details here: https://t.co/BsBc3KEN37 @bgarlinghouse #Ripple pic.twitter.com/cpCZjG0Cmv

— HTX (@HTX_Global) March 5, 2019

The digital asset joins Bitcoin, Ethereum, Tether, EOS and Huobi Token. Huobi Global is currently the ninth biggest crypto exchange by volume, according to CoinMarketCap.

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