Ripple Stuns Market With Mysterious 580 Million XRP Transfer

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Blockchain giant Ripple shovels massive amount of XRP

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Popular blockchain tracking service Whale Alert spread the word about a staggering amount of XRP coins transferred over the past twenty hours. The largest two of these transactions were made by the San Francisco-based crypto behemoth Ripple – it carried several hundred millionThe aforesaid data source revealed the details of three large transactions. The biggest of them was made by Ripple, which sent a whopping 380,000,000 XRP to an anonymous blockchain address.

Overall, today so far Whale Alert has witnessed a cumulative transfer of $1.545,8 billion worth of XRP. Over the past two days, the fourth largest cryptocurrency XRP has demonstrated an impressive 25.74% increase, which was down to the above-mentioned RLUSD approval for listing on crypto trading venues. XRP surged from $1.92 and is changing hands at $2.24 at the time of writing this article.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.

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