Ripple whales transferred another large volume of XRP coins.
As the price of Ripple (XRP) continues to rally, whale investors have been transferring large volumes of XRP. Whale Alert, a crypto whale tracking service, observed these large XRP transactions in 24 hours.
According to the whale tracking platform, high net worth XRP investors have moved a combined 395,223,746 (395.2million) XRP in the past 24 hours. The 395.2 million Ripple coins moved are worth $197.61 million at the current exchange rates.
Details of the Transaction
Six hours ago, an anonymous whale transferred 54.1 million XRP worth around $24.56 million from a Bitso address to an unknown wallet.
? ? 54,100,000 #XRP (27,566,818 USD) transferred from #Bitso to unknown wallethttps://t.co/VTCnGuZL68
— Whale Alert (@whale_alert) September 24, 2022
In a similar development, another anonymous Ripple whale transferred 30 million XRP ($14.76 million) to an unknown wallet from Bitstamp.
? 30,000,000 #XRP (14,766,294 USD) transferred from #Bitstamp to unknown wallethttps://t.co/fSOlfO8WTg
— Whale Alert (@whale_alert) September 23, 2022
Twenty-five million XRP worth $12.33 million were deposited to Bitstamp by an unknown Ripple whale, while 54,123,746 were withdrawn from the exchange by another anonymous user.
? ? 54,123,746 #XRP (26,704,825 USD) transferred from #Bitstamp to unknown wallethttps://t.co/r0hAaio5yd
— Whale Alert (@whale_alert) September 23, 2022
Furthermore, 60 million XRP ($29.64 million) were deposited to Bitstamp by another anonymous Ripple whale a few hours later.
? ? 60,000,000 #XRP (29,641,051 USD) transferred from unknown wallet to #Bitstamphttps://t.co/pkQZNAzNYj
— Whale Alert (@whale_alert) September 23, 2022
In this latest round of XRP transfers, 40 million XRP coins were deposited to Bitso, an official partner of Ripple’s ODL service, by an unknown whale.
? 40,000,000 #XRP (19,760,700 USD) transferred from unknown wallet to #Bitsohttps://t.co/VjiVwk13i6
— Whale Alert (@whale_alert) September 23, 2022
The largest XRP transfer occurred was between two unknown whales in the last 24 hours. According to Whale Alert, 132 million XRP, valued at around $61.93 million at the time of the transaction, were sent from one unknown wallet to another.
? ? ? ? ? ? 132,000,000 #XRP (61,193,651 USD) transferred from unknown wallet to unknown wallethttps://t.co/4h9TeZ2WXG
— Whale Alert (@whale_alert) September 23, 2022
Week’s Top Gainer:
According to Coinmarketcap, XRP started the week at $0.36 and is now trading at $0.49, becoming the week’s top gainer with 41% returns.
XRP return on investment is 8295.65%, up 17497.62% from the all-time low price of $0.002802.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
