A trio of huge Ethereum transfers is making waves in the world of crypto.
In a span of just 10 minutes, a total of 785,997 ETH worth $143.8 million was moved out of a single Ethereum wallet to a wallet of unknown origin.
The crypto whale tracker Whale Alert speculates that the trades may be the crypto exchange Bitstamp moving funds around.
The funds appear to have originated from a Bitstamp cold wallet.
Bitcoin whales are also surfacing at the start of the week.
Blockchain data shows that 2,850 BTC worth $23.4 million has moved in just the last 24 hours. Two of the transfers involve crypto moving from exchanges to unknown wallets.
The third is a transfer of 1,200 BTC to the crypto exchange Bitfinex.
Right now, Bitcoin is down 1.09% at $8,364, according to CoinMarketCap. Ethereum is up 0.98% at $186.49.
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