HomeAltcoinWhales abruptly move $282,500,000 worth of XRP and Polygon (MATIC) in a...

Whales abruptly move $282,500,000 worth of XRP and Polygon (MATIC) in a series of massive crypto transfers


The crypto whales are out in force as a new week rolls in, moving a staggering $282.5 million worth of XRP and Polygon (MATIC).

The Whale Alert crypto address tracker detected a number of increasing transactions in the last 36 hours.

Whales have moved XRP both to and from the Bitstamp and Bitso crypto exchanges.

Here’s an overview of the activity, which totals $248.9 million.

Meanwhile, the Polygon whales have moved a total of $33.6 million, with only one of the transactions involving centralized exchanges.

New numbers from WhaleStats show that Polygon is now the fifth largest crypto asset among the 5,000 largest Ethereum whales on record.

The top four are Ethereum (ETH), USD Coin (USDC), Tether (USDT) and Shiba Inu (SHIB).

XRP is at $0.39 at press time, down 0.5% in the last 24 hours. MATIC is at $1.49, down 0.9% in the past day.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.

Featured Image: Shutterstock/Dotted Yeti/Nikelser Kate


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