<ul class="news-points"> 
 <li><strong>Whale Alert revealed that 30,200,000 XRP was sent from an unknown wallet to Bitstamp over the past 48 hours.</strong></li> 
 <li><strong>The transfer has not been followed by a selloff yet, as XRP’s price was up 1.25% at press time.</strong></li> 
 <li><strong>A significant technical flag may be triggered soon on XRP’s daily chart.</strong></li> 
</ul> 
<p>Whale Alert, the cryptocurrency whale tracking platform, revealed in an X (formerly Twitter) post yesterday that 30,200,000 <a href="https://coinedition.com/tag/ripple-xrp/">Ripple (XRP)</a> was transferred from an unknown wallet to Bitstamp. According to the post, the amount of tokens sent in this transaction was collectively valued at $14,726,855.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 30,200,000 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> (14,726,855 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Bitstamp?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitstamp</a><a href="https://t.co/LTgJ7r7sMy" target="_blank" rel="nofollow">https://t.co/LTgJ7r7sMy</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1713652766491517248?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 15, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>This transfer has not been followed by an XRP selloff, as data from CoinMarketCap indicated that the remittance token achieved a gain of 1.25% over the past 24 hours. This boosted XRP’s value to $0.4915 at press time.</p> 
<p>This positive daily performance was not enough to overcome the weekly loss that XRP recorded. Consequently, the altcoin was still down 4.51% over the past 7 days.</p> 
<div class="wp-block-image"> 
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  <img decoding="async" src="https://www.tradingview.com/x/cQ4Ww0qj/" alt="" style="width: 100%;height:300px" width="716" height="300">
  <figcaption class="wp-element-caption">
   <em>Daily chart for XRP/USDT (Source: <a href="https://www.tradingview.com/x/cQ4Ww0qj/" target="_blank" rel="nofollow">TradingView</a>)</em>
  </figcaption>
 </figure>
</div> 
<p>From a…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/xrp-remains-steady-despite-a-large-transfer-selloff-to-come/">XRP Remains Steady Despite a Large Transfer: Selloff to Come?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

XRP Remains Steady Despite a Large Transfer: Selloff to Come?

Coin Edition

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