Anon Wallets Move 185 Million XRP, Here’s What May Be Behind This cryptomarketbag

Around 190 Million XRP Has Been Transferred As XRP Whales Continue to Deposit Large Amounts of Crypto and Expect Price Increases

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Yuri Molchan

Around 190 Million XRP Has Been Transferred As XRP Whales Continue to Deposit Large Amounts of Crypto and Expect Price Increases

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In the last 24 hours, the Whale Alert crypto tracking service has seen three major crypto transactions, totaling 185 million XRP. Half of this amount went into a single transfer.

Meanwhile, the Ripple-affiliated token is doing well and is well ahead of a potential Ripple victory over the SEC in court.

185 Million XRP Moving Up

Whales have transferred three bales of crypto, containing 95,000,000, 60,000,000 and 30,000,000 XRP tokens. These transactions were carried out by the holders between Bittrex, Bitso, BitGo and Bitstamp accounts.

Ninety-five million XRP was transferred here only by one crypto exchange internally – South Korea’s Bithumb. The total equivalent of XRP transferred here is $95.4 million.

Ripple has introduced I Remit expanded its partnership with cryptomarketbag CryptomarketBag

Sharks and whales accumulating since the end of 2020

As reported by the Sentiment data aggregator earlier today, active XRP investors holding between 1 million and 10 million XRP have been accumulating large amounts of XRP since the end of 2020. By November 2020, they were selling heavily, but then turned a pivot. ,

Now, as optimism about Ripple’s potential victory against the SEC grows in the legal arena, XRP/BTC has hit a one-year high at the 0.000025 price level.



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