Sunday, February 28, 2021

Crypto Whale Moves 19,999,000 EOS worth $51M from Huobi to Unknown Wallet in 6 Batches

According to Whale Alert, the tracker of large cryptocurrency movement from and to exchanges, a crypto whale has transferred 19,999,000 EOS worth $51,459,968, from Huobi exchange to an unknown wallet in 6 batches.

19,999,000 EOS Transferred In 6 Batches

First Batch

As reported via the official Twitter handle of Whale Alert, the first batch of the huge transaction was the sum of 1,999,000 EOS worth $5,160,244 at the time of the transfer. The transaction was initiated on 12th June 2020, at 07:31:28 UTC, from Huobi to an unknown wallet vwgumvhjzkvn.

Whale Alert shared this, “1,999,000 EOS (5,160,244 USD) transferred from Huobi to unknown wallet.”

Second Batch

The second batch of the transaction was the sum of 4,000,000 EOS worth $10,317,993 at the time the transaction was initiated. The transfer was effected on 12th June 2020, at 07:56:36 UTC, from Huobi to an unknown wallet vwgumvhjzkvn.

“4,000,000 EOS (10,317,993 USD) transferred from Huobi to unknown wallet.”

Third Batch

The third batch of the huge transfers as reported by Whale Alert was the sum of 4,000,000 EOS worth $10,329,691. The transaction was as well made on 12th June 2020, at 08:21:08 UTC, from Huobi to an unknown wallet vwgumvhjzkvn.

“4,000,000 EOS (10,329,691 USD) transferred from Huobi to unknown wallet,” Whale Alert reported.

Fourth Batch

According to Whale Alert, the fourth batch was the sum of 3,000,000 EOS worth $7,708,042 at the time of the transaction. The transfer was effected on 12th June 2020, at 09:01:19 UTC, from Huobi to an unknown wallet vwgumvhjzkvn.

Whale Alert shared this, “3,000,000 EOS (7,708,042 USD) transferred from Huobi to unknown wallet.”

Fifth Batch

The fifth batch was the sum of 3,000,000 EOS and was initiated on 12th June 2020, at 09:27:26 UTC, from Huobi exchange to the unknown wallet vwgumvhjzkvn.

“3,000,000 EOS (7,724,184 USD) transferred from Huobi to unknown wallet,” Whale Alert reported.

Last Batch

The last batch of the transfers was the sum of 4,000,000 EOS worth $10,219,814 at the time of the transaction. The transfer was made on 12th June, at 09:56:38 UTC, from Huobi to the same unknown wallet, where the previous transactions were sent.

Whale Alert shared this, “4,000,000 EOS (10,219,814 USD) transferred from Huobi to unknown wallet.”

EOS in the Market

Over the past few hours, the market has been unfavorable to virtually all the top cryptocurrencies in the market, including the ninth-largest digital currency by market cap, EOS.

The huge movement of funds is expected to favor the price of the digital currency since it was transferred from a cryptocurrency exchange to an unknown wallet, but the impact of bears in the market has seemingly overwhelmed the positive result expected. At the time of filing this report, EOS is trading at $2.59, with a 5.02% price downtrend in the last 24 hours.

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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