The sixth-largest crypto-asset witnessed one of the most bullish periods ever this year, while three crypto-whales are in huge quantities. XRP carried it.
Whale Alert initially detected $61.04 million worth of XRP transfers from deep-pocketed investors.
One of the biggest transfers that took place the other day was the transfer of a large whale. crypto- exchange Bitso to transfer 50 million XRP worth $22.84 million to an unknown wallet contains.
🚨 🚨 50,800,000 #XRP (22,840,638 USD) transferred from #bitso to unknown wallethttps://t.co/qtoDMKhtk8
NEWS CONTINUES BELOW— Whale Alert (@whale_alert) March 26, 2023
A second whale has shifted a total of 55 million XRP worth $24.64 million from an unknown wallet to two different crypto exchanges where they can potentially be sold on the open market. The whale in question first moved 23 million XRP worth $10.36 million from an unknown wallet to Bitso. In a second transaction, the same whale transferred 32 million XRP worth $14.28 million to Bitstamp.
A third whale moved 30 million XRP worth $13.56 million from crypto exchange Upbit to an unknown wallet.
XRP explorer Bithomp shows that it costs almost nothing to transfer the sixth largest crypto asset worth tens of millions of dollars.
The whale transfers came after XRP rallied massively last week. The best Altcoins It rose more than 32% in just seven days, rising from $0.37 to $0.49 last week’s low.
At the time of writing, XRP is trading at $0.447.
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