Mon, November 25

Whale Alert- 10,000,000 XRP (10,487,081 USD) Transferred from an Unknown Wallet

Over 500 Million XRP Bought by Whales Post Amicus Brief Grant Altcoin News
  • The sending whale has 32.369 million XRP remaining in its wallet.
  • A large sum has been moved to Bitstamp by an unknown whale.

Whale Alert monitors transactions across several blockchains, translates and records them in a single standardized format in its databases. Automated assistance is used to keep these databases up-to-date with the help of humans and artificial intelligence.

A large sum has been moved to Bitstamp by an unknown whale from an anonymous wallet.  A blockchain monitoring and research organization called Whale Alert highlighted the transaction’s value—10,000,000 XRP (10,487,081 USD).

Source: Whale Alert

Crypto Whale Alert

Hundreds of millions of dollars worth of XRP are being traded overnight by crypto whales once again. The massive crypto transfer transactions were first spotted by the Whale Alert blockchain monitoring and research tool.

On Friday, Nov. 26, 2021, at about 02:54:30 UTC, Whale Alert reported that the transaction had occurred. However, the XRP has lost 10.03 percent in the last 24 hours. Even on its official Twitter handle, Whale Alert mentioned about the transaction.

“10,000,000 #XRP (10,487,081 USD) transferred from unknown wallet to #Bitstamp” read the tweet.

It is now worth $0.949588 USD, and the 24-hour trading volume has reached $4,322,051,388 USD, according to CoinMarketCap. Created by Ripple, XRP tokens are a fast, cheap, and more scalable alternative to existing digital currencies and conventional monetary payment systems like SWIFT.

Furthermore, the sending whale has 32.369 million XRP remaining in its wallet, along with 12 reserved XRP. A fee accompanied this massive transaction. Ten reserved XRP are now held in the receiving wallet, which totals 10.450M XRP.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.