Ethereum Whales Transferred $706 Million in Ethereum

Ethereum whales and top cryptocurrency exchanges have transferred a whopping 214,861 ETH.

Whale Alert, the platform that claims to be the most advanced blockchain tracker and analytics system reporting large and interesting transactions as they happen, shared the news on October 2 on Twitter.

According to Whale Alert data, over the past 20 hours, crypto whales and top digital exchanges have made around 10 transfers, carrying around $706 million worth of Ethereum.

Here is one of the transactions.

Almost 214,861 Ethereum were transferred by large holders of Ether (ETH) called whales and big crypto exchanges, including KuCoin, Gemini, Binance. What's more, the largest transfers carried are between 51,300 ETH and 42,859 ETH. Notably, about $169,000,000 and $146,000,000.

According to CoinMarketCap, Ethereum is trading at $3,431.63 with a 24-hour trading volume of $19,063,087,719 at the writing time. This means Ethereum is up 4.13% in the last 24 hours with a live market cap of $404,128,107,771.