Massive XRP Chunks Moved to Top Exchanges as XRP Price Jumps
The post Massive XRP Chunks Moved to Top Exchanges as XRP Price Jumps appeared on BitcoinEthereumNews.com. Yuri Molchan Astounding number of XRP tokens on move to crypto exchanges after price jumped 8.7% Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. According to data shared by Whale Alert crypto tracker, which follows large crypto transactions on various blockchains, within the period of the past 24 hours, there have been two major XRP transfers to popular crypto exchanges – Bitso and Bitstamp. This happened as the price of the Ripple-affiliated XRP coin experienced a price jump by nearly 9% – the first in 10 days – while other altcoins keep going down. Anon wallets transfer 64 million XRP, price jumps 9% The above-mentioned data source mentioned that 32,300,000 XRP and 32,300,000 XRP evaluated at $15,794,353 and $15,212,146 were transferred to popular Europe-based platform Bitstamp and Mexican cryptocurrency unicorn Bitso. This may seem like crypto investors trying to sell part of their XRP stash. Still, data provided by Bithomp, an analytics service focused on XRP transfers and wallets, has revealed that behind both anonymous senders stands Ripple-related wallet r4wf7enWPxyHtbizyV7ZHiZi5XgwHh4Rzn. Over the past two months, Ripple has been regularly sending around 30 million XRP to Bitstamp several times per week, and a little less frequently to Bitso as well. This time, as the price surged by nearly 9%, it may indeed look like a profitable sale. Another option is that both Bitstamp and Bitso are…
The post Massive XRP Chunks Moved to Top Exchanges as XRP Price Jumps appeared on BitcoinEthereumNews.com.
Yuri Molchan Astounding number of XRP tokens on move to crypto exchanges after price jumped 8.7% Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. According to data shared by Whale Alert crypto tracker, which follows large crypto transactions on various blockchains, within the period of the past 24 hours, there have been two major XRP transfers to popular crypto exchanges – Bitso and Bitstamp. This happened as the price of the Ripple-affiliated XRP coin experienced a price jump by nearly 9% – the first in 10 days – while other altcoins keep going down. Anon wallets transfer 64 million XRP, price jumps 9% The above-mentioned data source mentioned that 32,300,000 XRP and 32,300,000 XRP evaluated at $15,794,353 and $15,212,146 were transferred to popular Europe-based platform Bitstamp and Mexican cryptocurrency unicorn Bitso. This may seem like crypto investors trying to sell part of their XRP stash. Still, data provided by Bithomp, an analytics service focused on XRP transfers and wallets, has revealed that behind both anonymous senders stands Ripple-related wallet r4wf7enWPxyHtbizyV7ZHiZi5XgwHh4Rzn. Over the past two months, Ripple has been regularly sending around 30 million XRP to Bitstamp several times per week, and a little less frequently to Bitso as well. This time, as the price surged by nearly 9%, it may indeed look like a profitable sale. Another option is that both Bitstamp and Bitso are…
What's Your Reaction?
