Whale Alert keeps track of transactions that take place on various blockchains, transforms them, and saves them in their databases in a single standard format for later retrieval.
These databases include thousands of known addresses of people, exchanges, and companies, and they are manually updated on a regular basis with the help of artificial intelligence.
A significant amount of ETH has been sent from an anonymous wallet to Binance by an unknown whale. The value of the transaction was also highlighted by Whale Alert, a blockchain monitoring and research company, which said that it was 11,028 #ETH (37,554,661 USD).
The Crypto Whale Is on the Prowl
Crypto whales are back in action. As hundreds of millions of dollars worth of ETH are being transferred over the course of one night. For a while, the Whale Alert blockchain monitoring and research tool were able to identify the massive cryptocurrency transfer networks.
According to information provided by Whale Alert. The transaction took place at 02:30:01 UTC on Wednesday, September 15, 2021. According to CoinMarketCap, the value of ETH has increased by 4.88 percent in the last 24 hours.
Whale Alert even reported the transaction on its official Twitter handle:
“11,028 #ETH (37,554,661 USD) transferred from unknown wallet to #Binance”
According to CoinMarketCap, the current price of Ethereum (ETH) today is $3,548.95, with a 24-hour trading volume of $16,965,490,489 USD, according to the cryptocurrency exchange.
Ethereum was the first blockchain smart contract platform. Moreover, often considered to be the most innovative. Additionally, Ethereum’s blockchain, capable of hosting additional cryptocurrencies, is known as “tokens.” This is through the usage of the ERC-20 compatibility standard, which was developed by the Ethereum Foundation.
This massive transaction charged a cost of 0.000924 Ether ($3.28). Furthermore, the costs associated with this transaction totaled 0.000738342687852 Ether in burned fees.
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