Ripple today XRP coin, significant whale transfers were recorded by. This move once again created a speculative wave in the global crypto environment. According to the latest data, 126.7 million coins worth of transfers took place in the last 24 hours.
Moreover, altcoin Crypto market fanatics appear to be extensively monitoring the market dynamics of XRP as whale transactions appear in the market amidst a price decline recorded by .
XRP Whale Transactions
According to Whale Alert, transfers were exchanged between unknown wallets and a CEX.
Notably, the first transaction, which attracted the attention of traders globally, saw 26.7 million XRP moved to Bitstamp, a crypto exchange based in Luxembourg City. Meanwhile, the second transaction showcased the movement of 100 million XRP from Ripple to an unknown wallet.
According to the data, it was recorded that an unknown wallet r4wf7enWPx…5XgwHh4Rzn transferred the amount in question to Bitstamp. The transfer from Ripple was made to the unknown wallet rP4X2hTa7A…7XZ63sKxv3.
Interestingly, the number of coins transferred amounted to $71.39 million at the time of writing. this too crypto- It has fueled significant concerns among market enthusiasts.
Koinfinans.com As we reported, at the time of writing this news, the XRP price has decreased by 1.60% in the last twenty-four hours. It is currently trading at $0.5589. Moreover, this decrease was accompanied by a weekly decrease of 8.55% and a monthly decrease of 13.47%.