Whale Alert-8,000,000 XRP Transferred From an Unknown Wallet

Whale Alert-8,000,000 XRP Transferred From an Unknown Wallet

Whale Alert monitors transactions performed on different blockchains, converts them, and stores them in their databases to a single standard format.

These databases include thousands of known addresses of individuals, exchanges, and company addresses and are continuously updated manually, with AI’s assistance.

A large sum has been moved to Nexo.io by an unknown whale from an anonymous wallet. Furthermore, Whale Alert, a blockchain monitoring and analysis firm, emphasized the amount of the transaction — 8,000,000 XRP (10,439,728) USD.


Source: Whale Alert

Crypto Whale Alert

Crypto whale’s in action again, hundreds of millions of dollars of XRP, overnight transferred. Initially, the Whale Alert blockchain monitoring and analysis tool detected the huge crypto transfer networks.

According to data published by Whale Alert, the transaction took place around 03:07:22 UTC on Monday, 16th Aug 2021. However, in the past 24 hours, the XRP is down 2.57%.

Even on its official Twitter handle, Whale Alert mentioned the transaction:

“8,000,000 #XRP (10,439,728 USD) transferred from unknown wallet to #Nexo” read the tweet.

According to CoinMarketCap, the current XRP price today is US$1.25 with a 24-hour trading volume of $8,030,347,929 USD. XRP is a rapid, cheaper, and scalable alternative to other digital currencies and current monetary payment systems like SWIFT, developed by Ripple.

Moreover, the sending whale still has 57.99 XRP left in its wallet, along with 20 reserved XRP. A fee of 0.00001 XRP, charged for this gigantic transaction. Moreover, this was not the only movement of XRP by this whale on this day. Earlier in the day, 200,000 XRP, moved to Cobo.com.

The receiving wallet has a total of 78.416M XRP in its wallet at the time of writing, including the 20 reserved XRP.

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