ETH Large Holders Move $357 Million in Minutes

On March 12, Whale Alert recorded multiple large transactions involving Ethereum and altcoins worth a total of approximately $357 million.

The first user sent 120,874 ETH (value at about $177 million) to an unknown address, whereas the second whale moved 96,638 ETH ($141 million) to an unidentified address.

A third unknown investor sent 26,636 ETH (about $39 million) to Coinbase. Additionally, Whale Alert observed 65,000,000 CRV (around $55 million) and 20,000,000 CRV (about $17M) transferred to an unknown address and lending protocol Aave, respectively, as well as 20,205,417 FRAX (about $19M) and 10,103,426 FRAX (around $9M) sent to the Frax protocol.

Lastly, 537,352 SOL (about $10 million) was transferred to Coinbase.