Whale Alert- 77,900,000 XLM ($21,885,621 USD) Transferred to an Unknown Wallet

Whale Alert- 77,900,000 XLM ($21,885,621 USD) Transferred to an Unknown Wallet
  • This transaction was assessed to be worth $21,885,621 USD.
  • Whale Alert brought this coin development to the public’s notice.

Stellar is an open network that enables the transfer and storage of money. When it was debuted in July 2014, one of its main goals was to expand financial inclusion by reaching out to the unbanked throughout the globe β€” but its focus rapidly shifted to assisting financial firms in connecting utilising blockchain technology.

Lumens, the network’s native token, serves as a bridge, allowing for more cheap cross-border asset trade. This is intended to put current payment providers on the defensive since they sometimes charge exorbitant prices for similar services. Whale Alert aggregates data from many blockchains into a single database. These databases are then updated continuously with the assistance of artificial intelligence (AI).

Notably, an anonymous whale transferred a big chunk of money in the form of XLM crypto from one anonymous wallet to another anonymous wallet. When this transaction happened, Whale Alert, a blockchain research and monitoring company, calculated its value to be $21,885,621 USD.

Source: Whale Alert

Crypto Whale

XLM transferred wallets from Crypto.com to an unknown wallet in a single day, moving hundreds of millions of dollars. The transaction was completed on Sat, 04 Dec 2021, 12:31:35 UTC.

Whale Alert tweeted:

β€œ77,900,000 #XLM (21,885,621 USD) transferred from #CryptoCom to unknown wallet”

According to CoinMarketCap, the Stellar price today is $0.291434 USD with a 24-hour trading volume of $1,963,519,909 USD. Stellar is down 16.17% in the last 24 hours.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.