Bitcoin (BTC), XRP and Ethereum (ETH) dominate headlines today with combined $800 million in transactions
The day's crypto spectacle commenced with a bang as a whopping 3,000 BTC, equivalent to an eye-popping $85.24 million, flowed into Coinbase. But that was merely the beginning of a remarkable series of transactions. In a matter of hours, two anonymous wallets exchanged 6,522 and 6,756 BTC, representing an astonishing $376.76 million at current market rates.
These transactions are becoming increasingly common, seemingly in correlation with the burgeoning usage of Ripple Payments. Bitstamp and Bitso, as key payment corridors for joined the spotlight with a notable transfer of 70,704 ETH, valued at a jaw-dropping $110.6 million, occurring between two undisclosed wallets. Furthermore, a significant transfer of 22,374 ETH, equating to $34.73 million, was noted, with its final destination being Coinbase.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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