According to the Whale Alert report, various cryptocurrency whales have been moving ether ETH/USD, Bitcoin BTC/USD, Dogecoins DOGE/USDand XRP XRP/USD in a 24-hour period totaling $412,300,000.

Whales send cryptocurrency from exchanges if they plan to hold their investments for a longer period of time. Storing large amounts of money on a purse creates an additional risk of theft.

An Ethereum investor transferred 83,500 ETH worth $130,143,407 from one unknown wallet to another.

83,500 #ETH ($130,143,407) transferred from unknown wallet to unknown wallethttps://t.co/vm0szKZOPo

— Whale Alert (@whale_alert) October 27, 2022

At the same time, 22,300 ETH worth $34,281,952 were transferred to Bitstamp from an unknown wallet. Similarly, 50,037 ETH worth $76,746,429 was transferred from FTX to an anonymous wallet.

Also, 16,000 ETH worth $23,991,874 was transferred from Binance.US to an unknown wallet.

Whales have been moving bitcoin to and from various unknown digital asset exchanges. Approximately 1,106 BTC worth $22,763,029 were transferred from Kraken to an anonymous wallet, and 1,800 BTC worth $37,042,165 were transferred to Gemini from an unknown wallet.

Dogecoin has seen massive movement from unknown wallets by whales. For example, about 299,999,998 DOGE worth $23,781,722 were transferred from one anonymous wallet to another, and in another transaction, 94,529,382 DOGE worth $7,277,488 were transferred to Binance from an unknown wallet.

Whales have also moved XRP, the crypto asset used to power Ripple’s payment protocol. Approximately 26,000 XRP worth $11,974,595 were transferred to Bitstamp from an unknown wallet.

Also, 44,461,110 XRP worth $20,622,002 were transferred from Bitstamp to an unknown wallet, 30,000,000 XRP worth $14,021,806 were transferred to Bitstamp from an anonymous wallet, and in another transaction, 22,000,000 were transferred Transferred $10,347,037 worth of XRP transferred to Bitstamp from an unknown wallet.