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October 15, 2023 11:06 AM | 1 min read

In a recent flurry of activity within the cryptocurrency realm, high-profile investors, commonly termed as "whales," have initiated substantial transfers of digital currencies.

These movements encompass major cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH)and Shiba Inu (SHIB).

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According to the Whale Alert data,the whales relocatedan impressive $511 million in Bitcoin. A portion of these transfers was channeled to the premier U.S.-based crypto exchange, Coinbase, while the rest took place between anonymous wallets.

Highlighted Bitcoin transactions by Whale Alert include:

For altcoins, Whale Alert data reveals that affluent traders shifted an estimated $238 million in Ethereum, Shiba Inuand XRP to diverse crypto exchange platforms. Some notable altcoin movements include:

Now Read:Mysterious Bitcoin Whale Abruptly Moves Over Whopping $134 Million In BTC

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Bitcoin, Ethereum And Altcoins See Whopping $749M Transfer What's Next? - Benzinga