Whale Alert- 50,000,000 TRX (5,304,874 USD) Transferred to an Unknown Wallet

Whale Alert- 50,000,000 TRX (5,304,874 USD) Transferred to an Unknown Wallet
  • When this transaction occurred, it was estimated to be worth $5,304,874 USD.
  • Whale Alert was the first to call attention to this cryptocurrency development.

TRON is a blockchain-based operating system with the goal of making blockchain technology compatible with everyday usage. Unlike Bitcoin, which can handle up to six transactions per second, and Ethereum, which can handle up to 25, TRON boasts that its network can manage 2,000 TPS.

Whale Alert collects data from many blockchains and consolidates it into a single database. These databases are then continually updated with the help of artificial intelligence (AI).

Notably, an anonymous whale shifted a substantial sum of money from one anonymous wallet to another anonymous wallet in the form of TRX crypto.  When this transaction occurred, it was estimated to be worth $5,304,874 USD, according to Whale Alert, blockchain research and monitoring business.

Source: Whale Alert

Crypto Whale

During the course of a single day, TRX moved wallets from FTX to an unknown wallet, transferring hundreds of millions of USD. Whale Alert was the first to call attention to this cryptocurrency development. The transaction was completed successfully on Thu, 18 Nov 2021 09:49:12 UTC.

Whale Alert also tweeted on the deal:

“50,000,000 #TRX (5,304,874 USD) transferred from #FTX to unknown wallet”

According to CoinMarketCap, the TRON price today is $0.102646 USD with a 24-hour trading volume of $2,315,070,363 USD. TRON is down 8.07% in the last 24 hours.

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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.