Future

Bank AI

Coin

<p style="text-align: justify">According to the latest altcoin data released by Whale Alert, one of the leading blockchain whale tracking platforms, a significant amount of XRP tokens were recently sent from an unknown crypto wallet to the centralized exchanges Bitstamp and Bitso.</p>
<p style="text-align: justify">The whale transactions that took place on November 3, 2023, transferring over 50 million XRP tokens to two different CEXes, did not go unnoticed by <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a> and traders.</p>
<h2 style="text-align: justify" id="xrp-analysis-and-whale-movements">XRP Analysis and Whale Movements</h2>
<p style="text-align: justify">In today’s transactions, an unknown crypto wallet with the address 4wf7enWPx…5XgwHh4Rzn transferred 25.4 million XRP tokens worth $15.42 million to the crypto exchange platform Bitso. Additionally, millions of XRP tokens were sent from the same wallet to another crypto exchange, Bitstamp.</p>
<p style="text-align: justify"><img decoding="async" class="aligncenter size-full wp-image-273082" src="https://coin-turk.com/wp-content/uploads/2023/11/9d7d1440-02f1-4ffc-9dea-bb6ae0625d8d.jpg" alt="" width="1170" height="856"></p>
<p style="text-align: justify">13 hours ago, the mentioned wallet sent an additional 25.4 million XRP tokens worth approximately $15.42 million to Bitstamp. The millions of XRP tokens sent by whales to centralized exchanges indicate the possibility of a potential sell-off in the cryptocurrency, leading to discussions among investors about a potential drop in XRP price.</p>
<h2 style="text-align: justify" id="the-future-of-xrp-coin">The Future of XRP Coin</h2>
<p style="text-align: justify">Last week, XRP price made significant gains by following <a href="https://en.coin-turk.com/microstrategy-founder-michael-saylor-not-threatened-by-spot-bitcoin-etf-approval/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>, experiencing an 8.89% increase. However, its current price has slightly dropped by 1.25% to $0.6003. The price increase in XRP last week reflected <a href="https://en.coin-turk.com/xrp-supporters-movement-surprises-famous-figure-fires-back-it-must-be-fought/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a> Labs’ decisions and efforts to support the community’s future.</p>
<p style="text-align: justify">As we reported earlier this morning, Ripple has formed a strategic partnership with the National Bank of Georgia and announced the launch of the Digital Lari pilot project. Although XRP’s price is relatively low today, the upcoming partnership could bring a positive outlook for the future.</p>
<p style="text-align: justify">Whales moving large amounts of XRP tokens in recent days have gained even more attention with the support of the community. Investors and traders are showing bullish movements following the latest XRP movement reported by Whale Alert.</p>
<div class="sorumluluk_reddi" style="text-align: justify"><strong>Disclaimer:</strong> The information in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry risks due to their high volatility and should conduct their own research before making any transactions.
</div> Continue Reading: <a href="https://en.coin-turk.com/unknown-wallet-sends-massive-amounts-of-xrp-to-bitstamp-and-bitso/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/unknown-wallet-sends-massive-amounts-of-xrp-to-bitstamp-and-bitso/</a>

Unknown Wallet Sends Massive Amounts of XRP to Bitstamp and Bitso

Table of Contents

COINTURK NEWS

Other articles published on Nov 3, 2023

OpenSea Preps for OpenSea 2.0 with 50% Workforce Cut, CEO Reveals

Marathon Digital Starts Bitcoin Mining From Methane Gas

Researcher Successfully Syncs Ethereum Node On PlayStation 4

Helium’s HNT Token is Listed on SwissBorg

ETH Breaking Above $1,850 Will Be a Bullish Sign, Says Analyst

According to QCP Capital’s Latest Report, the Factor Driving Bitcoin Price is Not ETFs!

Join our free newsletter for daily crypto updates!