Anonymous whale has withdrawn more than ten million USD worth of XRP from major exchange
Aside from that, $14.6 million worth of XRP, wallets tagged as "unknown" have also shoveled almost 40 million XRP to two other big crypto exchanges. These large transfers have taken place, while the XRP price has staged a massive 20.71% rise over the last week.
21 million XRP withdrawn from Upbit as price soars
Today, the digital gold added 5%, topping the $37,000 level. As for XRP, it has lost slightly over 5% since reaching the aforementioned peak, and its overall weekly rise now constitutes 20.87%.
As the coin surged, an anonymous whale purchased a total of 21,000,000 XRP on the Upbit exchange and then withdrew this amount to a cold wallet, following the wise advice of crypto influencers not to store one's crypto on exchanges and their hot blockchain addresses.
— Whale Alert (@whale_alert) November 9, 2023
The XRP lump bought by the whale is worth $14,601,114.
39 million sent to Bitstamp, Bitso
Meanwhile, two other crypto transfers spotted by the above-mentioned crypto tracker deposited two large chunks of XRP to the Bitstamp and Bitso exchanges.
These transactions carried 22,500,000 XRP and 16,300,000 XRP. These sums of XRP equal $15,380,952 and $11,163,103.
🚨 22,500,000 #XRP (15,380,952 USD) transferred from unknown wallet to #Bitstamphttps://t.co/u4ctWDcSaX— Whale Alert (@whale_alert) November 8, 2023