Two massive XRP transfers spotted, Ripple made one of them as 25% price jump occurred. whale_alert
According to data provided by popular cryptocurrency tracker Whale Alert, slightly over 15 hours ago, San-Francisco-based fintech company Ripple transferred a staggering 120 million XRP to an anonymous wallet.
Prior to that, a slightly bigger XRP lump was transferred on XRP Ledger between wallets that Whale Alert tagged as anonymous. This makes the transferred amount 250 million XRP in total.Ripple shifts astounding XRP chunk The above-mentioned tracker reported that a total of 120,000,000 XRP were sent by Ripple crypto behemoth to an unknown address. This is the equivalent of $57,669,946 USD.
According to data shared by the Bithomp XRP explorer, Ripple moved that XRP lump to one of its reserve addresses and then sent around 50 million XRP to another wallet belonging to it. Quite possibly, the fintech giant intends to sell all of this XRP or part of this large amount of crypto.
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