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<ul class="wp-block-list news-points">
 <li><strong>Whale transactions in Bitcoin, Ethereum, and stablecoins surged after the U.S. Fed’s interest rate cut.</strong></li>
 <li><strong>Altcoins like STG, GMX, and GALA saw sharp increases in whale activity, signaling potential price movements.</strong></li>
 <li><strong>Bitcoin broke into the $62K range, with analysts predicting further gains amid renewed market optimism.</strong></li>
</ul>
<p>Whale activity in major cryptocurrencies, like Bitcoin and top stablecoins, is increasing following the U.S. Federal Reserve <a href="https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20240918.pdf" target="_blank" rel="noopener noreferrer nofollow">rate cut</a>. These large transactions have placed some altcoins like STG, GMX, BIGTIME, OGN, GALA, and PIXEL on the radar of analysts.</p>
<h2 class="wp-block-heading" id="h-big-bitcoin-moves">Big Bitcoin Moves</h2>
<p>A few hours ago, 2,000 BTC worth $120.6 million and 2,372 BTC worth $143.6 million were transferred between unknown wallets. Around the same time, Bitcoin, worth over $114 million, was moved out of Coinbase to a private wallet.</p>
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<p>Ethereum also saw significant movement, with most whale transactions involving transfers of ETH to various exchanges, likely for sale.</p>
<h2 class="wp-block-heading" id="h-stablecoins-see-action-too">Stablecoins See Action Too</h2>
<p>Meanwhile, stablecoins have also seen notable whale transactions. Coinbase’s institutional entity transferred $65 million USDC to an unknown wallet less than six hours ago. At …</p>
<p>The post <a href="https://coinedition.com/whale-activity-surges-post-fed-rate-cut-bitcoin-stablecoins-altcoins-surge/" rel="noopener noreferrer nofollow">Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge

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