COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin, XRP, and Ethereum: A Series of $800 Million Transfers! What’s Happening?
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Bitcoin, XRP, and Ethereum: A Series of $800 Million Transfers! What’s Happening?
Cryptocurrency News

Bitcoin, XRP, and Ethereum: A Series of $800 Million Transfers! What’s Happening?

In Brief

  • A series of developments that even experienced market participants find surprising has caught the attention of the crypto world. The largest cryptocurrency, Bitcoin (BTC), along with popular altcoins XRP (XRP) and Ethereum (ETH), have made headlines in the crypto world with transfers worth $800 million in the past 17 hours.ContentsA Series of Multi-Million Dollar Transfers […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

A series of developments that even experienced market participants find surprising has caught the attention of the crypto world. The largest cryptocurrency, Bitcoin (BTC), along with popular altcoins XRP (XRP) and Ethereum (ETH), have made headlines in the crypto world with transfers worth $800 million in the past 17 hours.

Contents
A Series of Multi-Million Dollar Transfers in BitcoinAltcoins Like Bitcoin Are Also on the Move

A Series of Multi-Million Dollar Transfers in Bitcoin

The notable series of large crypto transactions began with the transfer of 3,000 BTC worth $85.24 million to Coinbase exchange. This transfer was the first in a series of noteworthy transfers, followed by a total of 6,522 BTC and 6,756 BTC, totaling $376.76 million, from two anonymous wallet addresses.

Furthermore, the crypto exchange Coinbase played a leading role in these major transfers with a total of 2,785 BTC and 2,818 BTC worth $158.76 million.

Altcoins Like Bitcoin Are Also on the Move

Two notable transfers were made with a focus on popular altcoin XRP. A transfer of 30.1 million XRP worth $14.73 million was made to Bitstamp exchange, and a transfer of 22.85 million XRP worth $11.17 million was made to Bitso exchange. These transfers seem to be associated with the increasing use of Ripple Payments. Particularly, Bitstamp and Bitso exchanges, which are key payment corridors for Ripple, are at the center of these transfers.

Meanwhile, the largest altcoin Ethereum also went through a period of movement. A significant transfer of 70,704 ETH worth $110.6 million between two anonymous wallet addresses caught attention. The second significant Ethereum-focused transfer was 22,374 ETH worth $34.73 million to Coinbase exchange.

These massive transfers have led to questions about who is behind these transactions and for what purpose. As expected, the anonymity prevalent in the crypto sector hinders the answering of these questions, as much as transparency.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Crypto Surge: Ethereum Rallies and Bitcoin’s Next Big Move

Discover Enormous Potential in Cryptocurrency’s Next Big Wave

Trump Sparks Tension with Bold Cryptocurrency Claims

Andrew Peel Ignites New Crypto Venture in Switzerland

Thailand Takes Bold Step with $150 Million G-Token Initiative

COINTURK NEWS 19 October, 2023 - 1:33 pm 19 October, 2023 - 1:33 pm
Share This Article
Facebook Twitter
Share
Previous Article Morgan Stanley: Bitcoin May Have Bottomed Out
Next Article Matrixport: Bitcoin Spot ETF Approval Could Push Prices Up to $56,000
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Surge: Ethereum Rallies and Bitcoin’s Next Big Move
Cryptocurrency News
Crypto Markets Surge as Altcoins Eye Dramatic Upswing
Altcoin News
Discover Enormous Potential in Cryptocurrency’s Next Big Wave
Altcoin News Cryptocurrency News
Trump Sparks Tension with Bold Cryptocurrency Claims
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?