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According to recent data provided by Whale Alert, a popular service that tracks large cryptocurrency transactions, $10.3 million worth of XRP was recently transferred from an unknown wallet to the Bitstamp exchange.&nbsp;
Some community members have treated this as a harbinger of a significant price decline.&nbsp;
The Ripple-affiliated cryptocurrency is currently changing hands at $0.54, according to data provided by CoinGecko.&nbsp;
This is the first XRP transfer to the Bitstamp exchange that has been recorded by Whale Alert since Oct. 8. The previous transfer took place on Oct. 8.&nbsp;
Earlier this month, there was also a large XRP transfer of a whopping $27.3 to the Bitso exchange. &nbsp; &nbsp;
In September, Ripple co-founder Chris Larsen also unnerved some members of the XRP community with his latest transfers.&nbsp;

More Than $10 Million Worth of XRP Transferred to Bitstamp

U.Today

Other articles published on Oct 14, 2024

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