Ripple Shifts Tons of XRP Coins to Bitstamp as Price Begins to Recover
The post Ripple Shifts Tons of XRP Coins to Bitstamp as Price Begins to Recover appeared on BitcoinEthereumNews.com. Yuri Molchan Ripple fintech giant continues to shovel huge amounts of XRP tokens to leading crypto exchange based in Europe 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. Thanks to data published by popular Whale Alert blockchain sleuth, which traces big cryptocurrency chunks moved by whales and exchanges, word has spread that slightly over 12 hours ago, a blockchain wallet marked as unknown sent several tens of millions of XRP to EU-based crypto exchange Bitstamp. This happened while the XRP price has demonstrated a mild recovery over the past week, rising 3.43% since Thursday, Oct. 12. 30 million XRP on move The above-mentioned data source stated that a total of 30,200,000 XRP were sent to Bitstamp by an anonymous whale. Still, XRP-focused analytics platform Bithomp revealed that, in fact, the transaction was initiated by a wallet linked to the San Francisco-based company Ripple Labs founded by Chris Larsen and Jed McCaleb in 2011-2012 and now run by CEO Brad Garlinghouse. r4wf7enWPxyHtbizyV7ZHiZi5XgwHh4Rzn is the blockchain wallet address from which Ripple has been shovelling chunks of roughly 29,000,000-30,000,000 XRP to Bitstamp and Bitso exchanges every week over the past two months. Similar transactions to today’s were spotted by Whale Alert last week, the week before last and so on. Sometimes it has sent millions of XRP only to Bitstamp, and sometimes it made two transactions both to…
The post Ripple Shifts Tons of XRP Coins to Bitstamp as Price Begins to Recover appeared on BitcoinEthereumNews.com.
Yuri Molchan Ripple fintech giant continues to shovel huge amounts of XRP tokens to leading crypto exchange based in Europe 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. Thanks to data published by popular Whale Alert blockchain sleuth, which traces big cryptocurrency chunks moved by whales and exchanges, word has spread that slightly over 12 hours ago, a blockchain wallet marked as unknown sent several tens of millions of XRP to EU-based crypto exchange Bitstamp. This happened while the XRP price has demonstrated a mild recovery over the past week, rising 3.43% since Thursday, Oct. 12. 30 million XRP on move The above-mentioned data source stated that a total of 30,200,000 XRP were sent to Bitstamp by an anonymous whale. Still, XRP-focused analytics platform Bithomp revealed that, in fact, the transaction was initiated by a wallet linked to the San Francisco-based company Ripple Labs founded by Chris Larsen and Jed McCaleb in 2011-2012 and now run by CEO Brad Garlinghouse. r4wf7enWPxyHtbizyV7ZHiZi5XgwHh4Rzn is the blockchain wallet address from which Ripple has been shovelling chunks of roughly 29,000,000-30,000,000 XRP to Bitstamp and Bitso exchanges every week over the past two months. Similar transactions to today’s were spotted by Whale Alert last week, the week before last and so on. Sometimes it has sent millions of XRP only to Bitstamp, and sometimes it made two transactions both to…
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