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Crypto Whales

ALERT: Over $10 Million In BTC Transferred From Binance To Huobi, Bitcoin SV (BSV) Pump Incoming?



Over $10 million USD, approximately 1,154 Bitcoin (BTC), has been transferred from Binance crypto exchange to Singapore based Huobi exchange. While a number of conclusions can be reached on the move announced by Whale Alert on Wednesday, January 15, 2020, one remains quite significant; which altcoins are traded on Huobi and not Binance. In the top 10 coins list by market capitalization? Bitcoin SV (BSV). Could this yet be another pump on the fourth largest coin after a 100% spike in the past 24 hours?

Whale moves $10 million (1,154 BTC) from Binance to Huobi

At 9.22 AM GMT+3, a whale-sized transaction of 1,154 BTC (~$10, 007, 875 USD) was recorded and broadcasted on Whale Alert, a crypto volumes oracle. While such large transactions are a common sign of a dump on the market i.e. unknown wallets sending BTC to exchanges to sell them off in the time of a bull run, this specific transaction may raise questions on a possible continuation of the current alt-season.

Could the account holder be attempting to get a hold of the altcoin bags available on Huobi and not Binance such as Bitcoin

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A further BSV pump to $400 USD?

If the past week has shown anything in the crypto markets, it’s a lack of maturity especially in the altcoin market which experienced one of the best 7-day period since the 2017 bullish momentum. Moreover, Bitcoin SV (BSV) soared to an all-time high at $435 USD in the early trading hours on Monday and the run does not look to die down anytime soon.Advertisement

Image: Coinmarketcap

Quickly analyzing the $10 million dollar transaction, you may see it as a dump of BTC in the market given the breach of the current key resistance level at $8,800 USD. However, given the easier option of directly dumping on Binance, sending the BTC to Huobi may signal a purchase of some altcoins (probably those not listed on Binance).

Bitcoin SV was notoriously delisted from a number of exchange following conflicting views against the “real Bitcoin”. However, Huobi retained the coin on its platform and the latest movement in BTC may signal a further pump on the BSV token in the coming days.

After retracing to the current level at $365 USD, as at time of writing, BSV may yet be on its way up back to $400 USD. Keep watch!

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Crypto Whales

This Lone Crypto Whale Just Moved $445,000,000 in Bitcoin (BTC) for Only 23 Cents



A crypto whale is flexing its muscle after sending $445 million in Bitcoin between two wallets in a single transaction.

The lone whale moved the 51,511 BTC on Monday. The transaction fee cost 0.00002860 BTC – which amounts to just 23 cents. According to the crypto tracker Blockstream, the fee would have been 16% lower if the sender had used the Bitcoin scaling solution known as SegWit-Bech32.

This is

the second mega Bitcoin transaction in a month. A separate whale recently moved 123,447 BTC worth a mind-blowing $1.1 billion.

Whale activity has picked up in the last week as BTC grows increasingly volatile. Here’s a look at the largest Bitcoin transactions in the last 24 hours.

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$140,600,000 in Bitcoin (BTC) Exits Cryptocurrency Exchange As Whale Moves $6,320,422 in XRP



Whale activity is picking up steam as a big week in the crypto markets comes to a close.

In a 12-hour span, an anonymous crypto whale moved 16,001 Bitcoin (BTC), worth $140.6 million, from the crypto exchange OKEx to an unknown wallet.

While it’s possible that the whale is OKEx itself moving funds on behalf of its customers, the exchange has not announced plans to move mass funds. The transfers come a day after Bitfinex reportedly moved 123,447 Bitcoin worth $1.1 billion between two of its wallets.

Here’s a look at all of the large OKEx transfers in the last day.

Meanwhile, traders are also following a lone crypto whale who moved 27,000,000 XRP worth $6.3 million from the crypto exchange Bithumb to an unknown wallet.

Both Ethereum and XRP whale activity has been limited over the past week.

Regarding the second and third largest cryptocurrencies by market cap, the most talked-about transfer was a movement of 100,000,000 XRP from Ripple. The payments startup, which owns more than half of all XRP in existence, moved the trove of XRP, which is worth $21.8 million, out of an escrow wallet on Tuesday.

The transfer frees up funds for Ripple to sell to institutions over-the-counter and on crypto exchanges. In recent months, Ripple has reduced the amount of XRP it’s selling. In the third quarter of 2019, the company reported selling XRP totaling $66 million, down from $251 million in the second quarter.

Ripple’s fourth quarter report is expected this month.

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Crypto Whales

Crypto Whale Stuns Traders With Massive Bet on Bitcoin – BTC, Ethereum, Ripple, XRP, Bitcoin Cash Newsflash



From a big gamble on Bitcoin to new progress on an XRP-based banking app, here’s a look at some of the stories breaking in the world of crypto.


Crypto traders are tracking a massive bet on Bitcoin from one of the biggest crypto whales on BitMEX.

The trader, who goes by the name J0E007, has built a massive long on BTC.

With the market in deep red on Wednesday, the trader remained undeterred, adding 4,000 BTC to his position. As the leading crypto approached a low of about $6,545, his position on paper was underwater by nearly $25 million.

Source: Twitter

Despite the heavy losses, the trader’s position was not liquidated, indicating he has enough cash in the account to keep it from closing out. And just a day later, the whale’s losses have dropped to about $11 million, with the price of BTC back above $7,000.

Fellow crypto traders are seeing the whale’s gamble as a sign that Bitcoin bulls can wrestle momentum from the bears.

It certainly appears there’s a method to the madness. So far this month, the trader has more than $14 million in realized profits.

Ethereum and Bitcoin Cash

One of the first crypto exchanges to launch in the UK is delisting

Ethereum and Bitcoin Cash.

London-based Coinfloor says the move is part of a plan to focus solely on Bitcoin.

“The decision will allow Coinfloor to provide a richer set of services for the world’s leading cryptocurrency while maintaining focus on simplicity. Over the short-term, the business’s aim is to strengthen its position as the UK’s number one Bitcoin exchange.

During 2020 and onwards, we will expand our product offering to focus on our long-term vision of being the leading provider of financial services that facilitate the Bitcoin economy.”

Ripple and XRP

The CEO of Ripple-backed XRPL Labs says the company is making progress on its XRP-based banking app.

Wietse Wind says XUMM is designed to give people a way to save and spend euros, dollars, XRP and other currencies without any help from a financial institution.

Wind recently revealed he’s planning to create a company that can ensure apps like XUMM are regulatory compliant across Europe.

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