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Three Large XRP Transfers

CRYPTOnite

2022-02-08 (07:41:04)

Block user

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XRP just got a big price change with a price increase by more than 15%. Then, Whale Alert detected three transactions – two carrying 20 million XRP each and one transferring 30 million tokens associated with Ripple.

According to data from ALTCOIN News:

The earliest transfer, in which 30 million XRP was transferred, was made by leading Korean exchange Bithumb between its wallets. The platform often conducts large internal XRP transfers.
An anonymous wallet conducted two other transactions for Bitso and Bitstamp. Both exchanges partnered with Ripple fintech, providing transactions using Ripple’s On-Demand Liquidity (ODL) service used for payments Seamless border crossing.

I've been hodling a little bit of XRP not even worth moving lol - but, on a serious note these whales got so much.

Reply 8

Catto Bibi_profile-image

2022-02-08 (16:42:57)

Block user
Reply

For months now I've always been wondering if I should buy XRP and stake it.

BabaYaga_profile-image

2022-02-10 (11:38:39)

Block user

same here. still wanna observe first

BabaYaga_profile-image

2022-02-09 (08:48:00)

Block user
Reply

what do you think of these huge amount of transfers?

CRYPTOnite_profile-image

2022-02-09 (13:07:29)

Block user

they probably moved it to a stablecoin so their profit is safe

BabaYaga_profile-image

2022-02-10 (11:38:54)

Block user

i see. thanks for clarifying

CRYPTOnite_profile-image

2022-02-10 (13:40:35)

Block user

this is just my guess though- not really sure if that’s what they thought about

BabaYaga_profile-image

2022-02-17 (11:19:23)

Block user

well we have our own opinions on the matter

CRYPTOnite_profile-image

2022-02-19 (06:50:22)

Block user

that’s true

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