Crypto News – Data demonstrating significant whale activity surrounding the cryptocurrency XRP was recently revealed by Whale Alert, a tool that provides insights into blockchain tracking.
Massive XRP Whales Continue Transfers
Based on the information provided, a massive XRP whale was seen moving massive amounts of XRP to controlled exchanges through a sequence of transactions. With the recent spike in the price of XRP, the previously mentioned whale action garnered a lot of attention in the cryptocurrency community.
On the other hand, yesterday’s drop below $0.6 in the price of XRP garnered a lot of attention. Still, the token showed significant rises during the last 24 hours, rebounding in the cryptocurrency markets. The price of XRP increased somewhat by 3.00% as of this writing, to $0.6194. In the last 24 hours, there has been a slight rise in its trading volume of 0.39%.
XRP-Related Transactions by Whales
As of November 23, 43.80 million XRP had been sent to Bitstamp and Bitso by an unidentified wallet with the address r4wf7enWPx…5XgwHh4Rzn.
18.10 million XRP were dumped at Bitso, a digital asset exchange with headquarters in Mexico City. This was the first transaction that attracted the attention of aficionados in the cryptocurrency market. At the time of writing, the estimated total value of tokens transferred was $11.02 million.
Moreover, the second transaction that made waves in the wider cryptocurrency markets involved the transfer of 25.70 million XRP to Bitstamp, an exchange with its headquarters located in Luxembourg City, Europe. The same unidentified wallet, r4wf7enWPx…5XgwHh4Rzn, transferred cryptocurrency to Bitstamp today. At the time of writing, the estimated total number of tokens moved to Bitstamp was $15.66 million.
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