Tag: XRP whale

In a recent tweet by Whale Alert,  It was noted that a whopping amount of XRP tokens were transferred by both Ripple and Whale investors. The leading blockchain firm was confirmed to transfer a whopping 75 million XRP to an unknown wallet. The fund was worth $35 million at the time of the transaction. Read Also: Binance Implements Proposal 5234 As It Reduces 1.2% Parameter To 0.2%. https://twitter.com/whale_alert/status/1582505451253813248 As noted by the Bishomp Explorer, the Ripple address that made the transaction had been used in making a massive amount of XRP before. As a matter of fact, the address had shifted a total of 123 million XRP, valued at around $60 million at the current exchange rate of $0.45.  Notably, the massive transaction is a means to meet t...