Friday, July 3, 2020
No menu items!
  • News
  • Cryptocurrency
  • Contact Us
More

    As Whales Moved 406,587 ETH, Number of Addresses Interacting With ETH Hits Single Day High

    Must Read

    Significance of MimbleWimble to Litecoin (LTC) As Its Testnet Launch Sets for Mid-September

    David Burkett, the Litecoin (LTC) Senior MimbleWimble Developer, has on 1st July 2020 provided an update on the progress...

    Cardano’s 5 Major Innovations Announced in the First Day of Shelley Virtual Summit

    The firm behind development in the Cardano ecosystem, IOHK, started the Shelley Virtual Summit with the announcements of five...

    Elon Musk Just Cleared the Air about a Plan to Build On Ethereum or Using and Holding ETH

    The CEO and co-founder of Tesla, Elon Musk, has recently pointed out that he does not build anything on...
    Avatar
    Solomon Odunayo
    Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.




    According to Whale Alert, the tracker of large transactions of digital currencies from and to exchanges, a huge sum of Ethereum (ETH) has been on the move over the past few hours.

    Whale Alert reported that the sum of 406,587 ETH worth $92,306,773 was transferred some hours ago in batches, from unknown wallets to another.

    However, these huge movements seem to have no impact on the price of ETH in the market, as the digital token maintains its stability within a range of prices over the past 2 days.

    Ethereum Whales Moved 406,587 ETH worth $92,306,773

    According to Whale Alert, the first transaction was the sum of 134,932 ETH worth $30,540,544 at the time of the transaction. The huge transfer was reportedly effected on 30th June 2020, at 01:22:55 UTC, from an unknown wallet 0x99978adbf37e8abb28559da67284a640f036c63c to 0x7c64452e02bca74e99e9f0f22dea98d41e55009b.

    Whale Alert shared this, “134,932 ETH (30,540,544 USD) transferred from unknown wallet to unknown wallet.”

    Going by Whale Alert’s account, the second transaction was the sum of 271,655 ETH worth $61,766,229, and the transfer was also initiated on 30th June 2020, at 04:34:56 UTC, from an unknown wallet 0xab6d4480014bb6968671e9da152e512ff8c51e8f to 0x92c7bf3e1546c3b1ad83f87439ae7f827aaab1a8.

    “271,655 ETH (61,766,229 USD) transferred from unknown wallet to unknown wallet,” Whale Alert reported.

    Number of Addresses Interacting With ETH Hits 2-Year Single Day High

    Santiment, a channel for advanced crypto charts and market insights, reported some hours ago that the number of Ethereum addresses that are interacting daily with ETH recently spiked to record a single-day high of 486,000 addresses.

    According to the report, the last time the Ethereum’s address activity attained such a level was on 5th May 2018.

    Santiment tweeted, “The number of daily addresses interacting with ETH has spiked in the past 24 hours to a 2-YEAR SINGLE DAY HIGH of 486,000 addresses! The last time Ethereum’s address activity was this high was on May 5th, 2018.”




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Significance of MimbleWimble to Litecoin (LTC) As Its Testnet Launch Sets for Mid-September

    David Burkett, the Litecoin (LTC) Senior MimbleWimble Developer, has on 1st July 2020 provided an update on the progress...

    Cardano’s 5 Major Innovations Announced in the First Day of Shelley Virtual Summit

    The firm behind development in the Cardano ecosystem, IOHK, started the Shelley Virtual Summit with the announcements of five major innovations. Aside from the release...

    Elon Musk Just Cleared the Air about a Plan to Build On Ethereum or Using and Holding ETH

    The CEO and co-founder of Tesla, Elon Musk, has recently pointed out that he does not build anything on Ethereum (ETH), and he does...

    Currencycloud Seals Partnership with Ripple to Foster Cross-Border Payments Using RippleNet

    Currencycloud, the leading provider of embedded B2B cross-border payments for platforms of the future, has today announced a partnership with Ripple, the US-based blockchain...

    Bitcoin Is Not a Property, Theft of 100 BTC Is Not a Crime –Russian Court Rules

    A court in Russia has ruled out the request of a victim that seeks the restitution of a stolen 100 BTC, as the court...

    More Articles Like This