Whales and Binance crypto exchange have transferred over $2.26 billion in Ether, while ETH holds near $3,400 and ETH miner balances soar.
According to data provided by Whale alert Blockchain tracker, in the past day, anonymous crypto whales and Binance shoveled a staggering over $ 2.26 billion from Ethereum.
In the meantime, Ether has reached its highest price in the past two weeks, and ETH miner balances keep skyrocketing to the biggest sum of ETH held since mid-2016.
Over $ 2.26 billion worth of ETH on the move
Whale Alert has spotted a dozen large Ethereum transfers, carrying over $ 2.2 billion of the second most popular crypto – Ethereum.
The largest single transfer carried an eye-popping 227,371 ETH (the equivalent of $784,858,373 in fiat). The smaller transactions have changed by 101,000, 60,000, 30,000 and 10,000 Ethers each.
These funds were transacted by owners of anonymous Ethereum wallets on Binance crypto exchanges. Some of those pieces of Ethereum have been moved to Arbitrum – a possible rival of Ethereum 2.0 and Cardano, offering smart contracts.
The total amount of Ethereum transferred by whales and Binance constitutes over 675,226 ETH.
ETH miner balances continue to skyrocket
According to on-chain data provider Santiment, while Ethereum has hit the $ 3,480 level and is currently trading in a close range, Ethereum miner balances continue to soar.
At the moment, Santiment analysts say, 532,750 ETH is the biggest amount of Ether stored by miners in over five years—since July 2016.
They also called this ETH balance held by miners a new all-time high as it equals $ 1,794,321 in fiat.
At press time, Ethereum is trading at $3,361, as per data provided by CoinMarketCap. The Ethereum Fear & Greed Index sits at level 64 (greed).
