According to cryptocurrency whale tracker Whale Alert, Ripple (XRP) whales have moved more than 158.71 million tokens in just three transactions. Per the , the largest transaction is worth more than $32.63 million, at the time of writing, with over 68 million XRP tokens on the move.
🚨 🚨 60,000,000 (27,941,106 USD) transferred from unknown wallet to https://t.co/3kqV2K4ziW
— Whale Alert (@whale_alert)
Furthermore, the second-largest transaction recorded in the past six hours by Whale Alert is worth roughly $28.4 million, transacting 60 million tokens.
The first two transactions, according to Whale Alert, were sent to anonymous wallets from the Luxembourg-based cryptocurrency exchange, Bitstamp.
According to a Tuesday report by InkByte, Bitstamp brought Shiba Inu (SHIB) — the second-largest memecoin and the 14th largest crypto by market cap — for its U.S.-based customers.
Last but not least, the last transaction — worth approximately $14.2 million — sent 30 million XRP tokens to the Mexico-based crypto exchange, Bitso.
🚨 30,000,000 (14,095,048 USD) transferred from unknown wallet to https://t.co/QnkRxr3e05
— Whale Alert (@whale_alert)
The XRP price has also gained momentum in the past 24 hours as the whole crypto market cap reached the $1 trillion mark again.
According to CoinMarketCap (CMC) data, XRP is currently trading at $0.476, up by 3.15% in the past 24 hours, closing the gap with a seven-day-high of $0.48.
Do not forget that XRP developed its “golden cross” for the first time in 15 months, per a InkByte report. This is regarded as a bullish indicator by analysts.
InkByte Editorial Team
Dan Burgin
