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Tag: XRP transfer

XRP Faces Potential Breakout as Ascending Triangle Reaches Critical Stage
XRP News

XRP Faces Potential Breakout as Ascending Triangle Reaches Critical Stage

In the midst of cautious price movements, XRP, the popular cryptocurrency, has been trading within the boundaries of a Multi-Year Ascending Triangle (MYAT) since late 2021. Market observers have been closely monitoring this pattern, with prominent chartist Egrag projecting an imminent breakout expected to occur between July 2023 and August 2024. Read Also: Shiba Inu Community Abuzz with Exciting Developments and Teasers https://twitter.com/egragcrypto/status/1673301401219244034 XRP Ascending Triangle However, Egrag's previous prediction for a breakout in May 2023 (65%) did not materialize, leading to a failed forecast. Despite this setback, XRP is now inching closer to the 70% completion mark of the triangle, indicating a potential breakout in July 2023. Ascending triangles are ...
Ripple Whales Move A Total Of 528 Million, Binance Initiates The Biggest Part Of Transaction
XRP News

Ripple Whales Move A Total Of 528 Million, Binance Initiates The Biggest Part Of Transaction

The Ripple buying spree hasn’t ceased as more whales are moving a significant number of the XRP tokens, the recent development revealed that the biggest exchange, Binance initiated a transaction which claimed a total of 350 million XRP while the total whale buy calms at 528 million. The record showed that the transaction was initiated in the past 24 hours and it was likened to the transaction that once happened in the inception of the asset’s comeback. Read Also: Top ETH Whale Buys A Whopping 655.75B SHIB, worth $6.11M Binance Transfers 350 Million XRP According to the whale alert, the largest crypto exchange transferred a total of 350 million XRP to a synonymous wallet. The transaction is worth $134.8M. https://twitter.com/whale_alert/status/1592726347951898624 Notabl...
Ripple Moves A Total Of 50 Million XRP, Whale Investors Also Re-Shuffle 315 Million Among Exchanges
XRP News

Ripple Moves A Total Of 50 Million XRP, Whale Investors Also Re-Shuffle 315 Million Among Exchanges

Ripple whale Investors are now popular with the transferring of massive amount of XRP among exchanges which include Bittrex and Bitstamps, also the recent data from Whale Alert revealed that the blockchain company, Ripple, made a transfer of a whopping 50 million XRP to an anonymous wallet. Per the Whale Alert, a total of 50 million XRP tokens were transferred to an unknown wallet and the overall token was worth around $24.39 million at the time of the transaction. Read Also: Terra Classic Installs Cosmo Security Chain Patch For Maximum Security Of The LUNC Network https://twitter.com/whale_alert/status/1580654609185800192 Notably, that Ripple’s XRP transfer is mostly connected to the company’s On-Demand Liquidity (ODL) solution although the receptive wallet is unknown. ...
The Ripple’s Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Been Unlocked?
XRP News

The Ripple’s Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Been Unlocked?

It seems that Ripple has ended the scheduled unlock of the large volume of XRP tokens from the escrow wallet. In this premise, October stands for the period for change of operational pattern concerning the massive release of a billion XRP tokens. Unlock XRP Tokens From Escrow Wallet From every indication, Ripple which locked 55 billion XRP into a series of cryptographically-secured escrow accounts in 2017 may have ended the release of the massive volume of XRP. Recall that in 2012, three developers such as David Schwartz, Jed McCaleb, and Arthur Ritto, the co-founders of the XRP Ledger (XRPL) and XRP (previously called ripples) donated almost 80% of XRP’s total supply which summed to 80 billion XRP after the release of the permissionless, fast and decentralized XRPL. However, the...
Over 395 Million XRP Was Transferred By Whales Between Exchanges Following The XRP Rallying
XRP News

Over 395 Million XRP Was Transferred By Whales Between Exchanges Following The XRP Rallying

Per Whale Alert, XRP Whales have been moving a massive amount of XRP lately following its recent rally. Over the 24 hours, Whale Alert noted that the high net worth XRP investors have moved a combined 395,223,746 (395.2million) XRP worth $197.61 million, having the largest transfer to be 132 million XRP, valued at around $61.93 million at the time of the transaction, were sent from one unknown wallet to another in the past 24 hours. Read Also: A Prominent YouTuber, Ben Amstrong Pinpoints That XRP Rallying May Be A Clear Indication That SEC Will Give Up Trying To Prove XRP Is A Security Details Of The XRP Whales' Transaction  According to the data from whale alert, a total of 132 million XRP worth almost $61.93 million at the time of the transaction were moved from one un...
XRP-BSC Is Spotted On The BNB Chain Top List: WhaleStat
Cryptocurrency

XRP-BSC Is Spotted On The BNB Chain Top List: WhaleStat

The Series of transactions performed on XRP has paved the way for the token to be among the top purchased assets in the past 24 hours as stated by the WhaleStats team. The team spotted the tokens wrapped on BNB Chain's upper 10 lists of purchased digital currencies. Read Also: Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos' Long Term Growth. It was announced in the one the tweet posted by the WhaleStat: https://twitter.com/WhaleStatsBSC/status/1534871969463783426 More also according to the data from WhaleStat, the XRP-BSC is in the first spot on that list. The native token of the Binance exchange, BNB, is in third place here, with ETH following in fourth place. XRP is also on the list of top 10 coins by trading volume, holding third place t...
Record 512 Million XRP Shifted by Ripple and Unknown Wallets: Report
Cryptocurrency

Record 512 Million XRP Shifted by Ripple and Unknown Wallets: Report

Whale Alert crypto tracking bot has detected three XRP transactions, carrying a total of 512.1 million XRP. They were conducted by Ripple fintech behemoth and wallets which Whale Alert tagged as “unknown”. Record amounts of XRP on the move In the last twenty hours, three staggering chunks of XRP have been transferred, according to the tweets posted by the crypto tracker mentioned above. Ripple giant moved 50 million XRP – the smallest lump of these three – to its reserve wallet RL18-VN often used for transferring crypto beyond the company – to charities, exchanges, and financial institutions. The other two chunks of Ripple-affiliated tokens contained 226,439,980 and 235,725,280 XRP worth $163,244,540 and $170,121,600. The total equivalent of the shifted XRP amount co...
Exchanges moved 247 million XRP as the coin holds in the range of $0.7.
Cryptocurrency

Exchanges moved 247 million XRP as the coin holds in the range of $0.7.

Whale Alert has reported that in the last three days, popular digital exchanges have seen a spike in crypto transactions which moved a massive amount of  Ripple-affiliated XRP coins between their addresses. A total of 246.7 million coins have been carried. The exchanges whose wallets were involved are Binance, coin cone, Bittrex, Ripple’s ODL platform Bitso in Mexico, etc. Some of these transactions were conducted by the exchanges internally. Related: Canadian Rapper, Drake Had Just Lost A Sum Of $275000 Worth Of Bitcoin As He Entered Into A Bet On American Professional Mixed Martial Artist Jorge Masvidal. These transfers moved large lumps of XRP – from 60 million to 40 and 30 million. The smallest ones shifted roughly 12 million coins. These increased XRP trans...