Whale Alert: Unknown Wallet Transfers 10,656 ETH to Blockfolio

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Ethereum Whales Purchased 7.3M Matic In last 24-Hours
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  • Bitcoin and Ethereum were added to KPMG Canada’s balance sheet.
  • The transfer took place at 06:57:42 UTC on February 8, 2022.

According to CoinMarketCap, the worldwide crypto market worth is now $2.01 trillion, up 2.92 percent over the previous day, with Bitcoin now selling at $44,000. Bitcoin seems to be making a strong push over $44,000 as the crypto industry reclaims $2 trillion again. Bitcoin is looking solid with a market capitalization of $836 billion.

Bitcoin continues to attract a lot of institutional money. MicroStrategy and El Salvador, two significant market participants, have been stockpiling BTC throughout the recent downturn.

In a follow-up statement, Bitcoin and Ethereum were added to KPMG Canada’s balance sheet on Monday, February 7. Bitcoin investment is on the rise, and this is likely the first significant announcement from a major corporation in 2022. This year, it is anticipated more businesses will invest in Bitcoin.

Price of Ethereum Stabilized Above $3,190 Level

The price of Ethereum rose against the US dollar and broke over a critical barrier level of $3,100. If the $3,200 barrier is overcome, the price of ETH might increase much higher. The price of Ethereum has stabilized below the $3,190 mark. There was a slight dip below the 23.6 percent Fib retracement level of the current rise from the $2,950 swing low to the $3,190 high.

During this upswing, whales are hoarding. An anonymous wallet sent 10,656 ETH, valued at 33,732,216 USD, to Blockfolio, according to a report from Whale Alert on its official Twitter account. According to the transaction records, the transfer took place at 06:57:42 UTC on February 8, 2022. According to CoinMarketCap, the Bitcoin price today is $44,225.66 USD with a 24-hour trading volume of $31,862,424,310 USD. Bitcoin has been up 3.71% in the last 24 hours.

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