Crypto Whales Move 360 Million XRP Tokens over the Last 24 Hours


Published Mar 08, 2023 01:34AM ET

Updated Mar 08, 2023 02:00AM ET

Crypto Whales Move 360 Million XRP Tokens over the Last 24 Hours

  • Whale Alert reported multiple XRP transfers in and out of unknown wallets.
  • The largest single transfer was 100M XRP from Ripple to an unknown destination.
  • The US court ruled in favor and against the SEC and Ripple on Monday.

Within the last 24 hours, Whale Alert, an AI service that tracks the massive movement of coins across blockchains, captured multiple transfers of the Ripple utility token, XRP, in and out of unknown wallets.

The most significant single transfer was 100 million XRP tokens from a Ripple wallet to an unknown destination. According to Whale Alert’s data, a rough estimate of the total XRP tokens transferred was 360 million, worth over $136 million.

The crypto lawyer revealed the figures while responding to a tweet from a crypto enthusiast, Richard Heart, who encouraged the crypto community to stand with Ripple in its legal battle to avoid setting a bad precedent.

The post Crypto Whales Move 360 Million XRP Tokens over the Last 24 Hours appeared first on Coin Edition.

See original on CoinEdition

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