Mon, November 18

10,448,223 USD Worth of 12,649,085 XRP Transferred From CoinOne to Unknown Wallet

Whales Purchase Over 200 Million XRP as Market Rebounds Altcoin News
  • XRP is up 0.10% in the last 24 hours.
  • Whale Alert compiles all of the transactions from various blockchains.

The market seems to be indecisive about whether or not XRP is headed up or down. The remittance token’s lack of volatility is what’s keeping it quiet. But if interest in the sector and capital inflows begin to increase, this might lead to a dramatic increase in demand. From Dec. 21, 2021, there have been three lower lows and two higher lows for XRP. A symmetrical triangle is formed by connecting these separate swing points using trend lines.

Until the asset breaks out of this technical pattern, which projects a 46% rise to $1.25, there is no directional bias. Add the distance from the initial swing high and low to the breakout point at $0.84 to achieve this goal.

Whale Alert

CoinOne has received a large number of XRP from an anonymous wallet. Moreover, the blockchain analytics and surveillance firm Whale Alert said that this particular exchange included a total value of $10,448,223 USD and contained 12,649,085 XRP. According to Whale Alert, the transaction took place at 6:41:31 UTC on Tuesday, Apr. 5, 2022.

In its databases, Whale Alert compiles all of the transactions from various blockchains, analyses them, and then saves them in a uniform style. In addition, thousands of known individual addresses, exchanges, and addresses are stored in these databases, which are regularly updated with the assistance of artificial intelligence. According to CoinMarketCap, the XRP price today is $0.829447 USD with a 24-hour trading volume of $1,802,979,509 USD. XRP is up 0.10% in the last 24 hours.

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.