Millions

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Whale Alert crypto tracker spreads the word that slightly over 12 hours ago, <a href="https://u.today/ripple-sends-millions-of-xrp-to-bitstamp-again-heres-possible-reason" rel="noopener noreferrer nofollow">Ripple fintech decacorn</a> initiated a transaction that carried a massive 50,000,000 XRP tokens worth $25,657,347. 
The transaction was made to an unknown wallet, according to the description provided by Whale Alert. 
<blockquote> 
 🚨 🚨 50,000,000 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> (25,657,347 USD) transferred from <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ripple</a> to unknown wallet<a href="https://t.co/NRwRzDbWSW" rel="noopener noreferrer nofollow">https://t.co/NRwRzDbWSW</a>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1705316810784940102?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 22, 2023</a> 
</blockquote> 
The destination, according to details provided by the above-mentioned source, turned out to be another Ripple wallet. After receiving the said 50,000,000 XRP, this wallet transferred 130,000,000 million XRP to other wallets in three chunks — 30,000,000 XRP and two transactions carrying 50,000,000 XRP each. Those wallets also belong to Ripple Labs. 
Earlier this week, Whale Alert spotted a whopping <a href="https://u.today/120-million-xrp-grabbed-on-this-top-korean-exchange-heres-surprising-buyer" rel="noopener noreferrer nofollow">120,000,000 XRP withdrawn from major crypto exchange</a> Bithumb located in South Korea. However, it proved to be a transaction between Bithumb's internal blockchain addresses. 
Within the past week, Ripple-affiliated XRP token has demonstrated a price rise of 4.65%, currently changing hands at $0.51286. That weekly price growth includes a 6.87% price surge staged by XRP until Wednesday, Sept. 20, followed by a decline. 
<img alt="XRP price" data-entity-type="file" data-entity-uuid="e9ca0eca-1682-43b9-b5e8-b4200d8b46e8" src="https://u.today/sites/default/files/inline-images/XRPTV.png">Source: <a href="https://www.tradingview.com/chart/3lWxXcMJ/?symbol=BITSTAMP%3AXRPUSD" rel="noopener noreferrer nofollow">TradingView</a>

Ripple Wires Millions of XRP as Price Shows Weekly Surge

U_Today

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