Apt as the name is, whales are people or entities that hold large amounts of cryptocurrencies or digital assets and move them in big batches. An analogy to the big mass of the largest mammal on planet earth, the movement of each big whale is something that crypto traders look out for.
Whales are often big investors riding on the success of blockchain technology. They may or may not believe in the sector at all and just like any other asset, whales can dump or buy Bitcoin in massive quantities thus changing the dynamics and supply-demand conundrum of the sector overall. While the crypto world is most prone to easily level out, it still shows that even in the intermediate stage like it is right now, cryptocurrencies are still vulnerable to market manipulation to a degree even if they are safer than other markets right now who are relying on government bailouts to barely survive.
Following information related to whale movements will land you to many accounts and websites that are totally dedicated to giving updates on the large movements. There are pretty large ones done on a daily basis.Here are the recent crypto whale movements. These are listed from the latest and go back for the current year. Mind you, this is not a complete list, as there are several ones done per day.
Recent Major Whale Movements of the Month
The following whale movements are from this month:
16 March, 2020: Two major transactions were done from Binance and Bitfinex. Binance saw 2461 BTC moved out (hash 51ad4009ab8a63304d55b2350e80c6228c7d5e5fd8b92854b22829cc70fc285c) and 5000 BTC from Bitnfinex (hash 0f7e74f82158e881f9ec1ea4572e3dfdf3a2dc3f0489bdd6ff80b76824aaa9af).
12 March, 2020: 60 million USDT were minted by the Tether Treasury. Although there is no proof of whether they were moved as a single transaction, such as large generation of the stable coin clearly meant that there was a clear and present demand and that Tether Treasury was gearing up to transfer these. Earlier, the same day, 47,646 BTC were moved from an unknown wallet to Bittrex exchange (e7b38f168583b228425c34efc33d3bea99b1f3ef17891d82fa947bfa9c4bc536).
09 March, 2020: 2000 BTC were moved to OKEX (3f8f16e48ff1c3bb7b8b59b81bcd3cbdca26920f2d267045fbfe3e972c1ca99d). Only after a few hours, 49,000 ETH were moved from Gemini exchange to an unknown wallet. (0xcb00004b8dd9b35f3fd3072a3b99d7309f0ef8976581703a0be3282969ab61f9 hash)
08 March, 2020: 10,874,906 USDT were shifted out of OKEx (0xd2b1b6b7b0c5eb810536c54b55a397157a384996e533ebbab616d2f17d80a3f9), followed by 5 million USDT minted by Tether Treasury, which were shortly sent to Binance (0x60d8b2aeb6d635988605c8e1c21f9e0f474904642e023df55ad069f5ebd4cfab)
06 March 2020: 10 million BUSD (Binance USD) stable coins were shifted from an unknown wallet to Binance (0xa8da8110e1531a5fa334cb800a7dbb502fd4541336964202beb2b9278a43c9a3)
05 March, 2020: 5000 BTC transferred from Bitfinex to an unknown wallet (0xa8da8110e1531a5fa334cb800a7dbb502fd4541336964202beb2b9278a43c9a3). Earlier, 200 million USDT were minted and shifted to Binance nearly immediately. (hash
0xe221aa631a0cd076475bbe009eb77e0923b4b1d169668cf56ecece2613f4cd4d
).
04 March, 2020: A single whale movement of 15,000 BTC was done to Bitfinex (
0xe221aa631a0cd076475bbe009eb77e0923b4b1d169668cf56ecece2613f4cd4d
).
03 March, 2020: 14,500 BTC sent from one wallet to another. The transaction was not on an exchange and the sender, along with the recipient have not been identified so far.
02 March, 2020: 52 thousand ETH were moved out of Gemini exchange. (0xc2d012ca5ec8c67fe50361645fd4740d5bac5ebe9db737a5f58aaa14e670b067).
