Whale Alert detected two massive XRP transfers to Bitso and Bitstamp wallets from the same wallet.
Ripple’s court victory over the SEC clears institutional barriers, boosting XRP’s future potential.
In a recent price swing, whale tracking sites noticed large transfers of XRP tokens worth millions of dollars to exchange wallets. Whale Alert, a well-known crypto monitoring service, reported two distinct and significant XRP transfers on Twitter.
The initial transfer involved 25,200,000 XRP, or $15,368,209, which was sent to a Bitso wallet. The second transfer saw 7,770,000 XRP, worth $11,180,378, sent to a Bitstamp wallet. Notably, both transactions came from the same wallet, 5XgwHh4Rzn.
25,200,000 #XRP (15,368,209 USD) transferred from unknown wallet to #Bitsohttps://t.co/d5sb63GyaL
— Whale Alert (@whale_alert) August 8, 2024
Whale Transfers Hint at Liquidation as XRP Value Drops Following Massive Moves
Typically, transferring assets to exchange wallets indicates an intention
We współpracy z: https://www.crypto-news-flash.com/xrp-whale-moves-million-of-tokens-to-exchanges-prepare-to-dump/
