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million XRP worth $12.33 million were deposited to Bitstamp by an unknown Ripple whale, while 54,123,746 were withdrawn from the exchange by another anonymous user.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.
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Source: https://thecryptobasic.com/2022/09/24/395-million-xrp-moved-by-ripple-whales-as-xrp-becomes-weeks-top-gainer/?utm_source=rss&utm_medium=rss&utm_campaign=395-million-xrp-moved-by-ripple-whales-as-xrp-becomes-weeks-top-gainer