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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 million XRP.
In total 640 million XRP was moved within twelve hours.
Ripple transfers mammoth XRP chunk
The 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. That amount of crypto was worth $915,171,133 at the time of the initiated transaction. The community watched this transaction with sincere interest and enthusiasm, pondering whether it might be somehow connected with the recent regulatory approval of the Ripple USD (RLUSD) stablecoin.
Details shared by the XRP-focused Bithump explorer revealed that the 380 million XRP transferred by Ripple that went to an anonymous wallet affiliated with Ripple.
In addition, 200,000,000 XRP were transferred from one unknown wallet to another—the equivalent of $485,376,345. Bithump said that this transaction was also made between Ripple-linked wallets. Therefore, in this period of time, crypto juggernaut Ripple has transferred 580,000,000 XRP.
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Anonymous whales move 60,000,000 XRP
The third and smallest transfer was 60,000,000 XRP, equal to $145,498,224. Tens of millions of coins were also transferred between anonymous wallets.
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.
