Ethereum Whale Transfers 30,000 ETH from Unknown Wallet to OKEx

Ethereum Whale Transfers 30,000 ETH Unknown Wallet to OKEx

Whale Alert, a tracking service of major cryptocurrency transactions from and to exchanges, reported that an Ethereum whale has transferred 30,000 Ethereum (ETH) worth almost $6.7 million from an anonymous wallet to OKEx exchange.

Since several cryptocurrencies are experiencing price appreciation, whales will not stop maximizing their financial profits from the current market situation.

The transfer of a digital asset from an anonymous wallet to platforms reflects sell-off for the sake of profits. ETH is one of the coins that are currently experiencing parabolic price appreciation.

At the time of writing the story, Ethereum (ETH) rose 3.73 percent to $212.51. There is no sign of price fall, which could lead to calculated efforts by crypto whales to take profits before the next decline.

According to Whale Alert, the transfer was carried out on 30 April 2020, 06:55:04 UTC, from an anonymous wallet to OKEx.

“30,000 ETH (6,675,945 USD) transferred from unknown wallet to OKEx.”

It seems that ETH gets a boost from the favorable market situation, driven by world’s king coin Bitcoin (BTC).

Cryptolydian earlier reported that an ETH whale has transferred $51 million worth of ETH 273,712, from an unknown wallet to another.

The huge transaction was effected on 24 April 2020, at 19:09:26 UTC, between two unknown wallets.

Ethereum on top of CCID rankings

China’s Center for Information and Industry Development (CCID) has published the 17th report on evaluation of the top cryptocurrencies. The center publishes the report once a month to compare the best recognized blockchain projects in the crypto space.

EOS maintains leadership

EOS, TRON and Ethereum have been in the top positions for a long time. With an average ranking of 156.1, EOS has taken the leadership for over 4 months. It was followed by TRON (138.4) and Ethereum (136.4).

On the other hand, Bitcoin ranked 14th in the ranking with 104.9.

The ranking is based on different metrics which aim to present crypto projects in a clear matrix. In addition, the index shows the accessibility of real life and business. 

The CCID ranking clearly analyses cryptocurrencies that seek to provide tremendous promise for businesses and investors.

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.