2024

April

<p>According to a post from <a href="https://whale-alert.io/transaction/ripple/C6A174D8FED50BB7DEBEA9E33029878A1E23E42B00DDF143846DCE1EE4C48206" target="_blank" rel="noreferrer noopener" data-wpel-link="external">Whale Alert</a>, Ripple has transferred a staggering 100 million XRP, worth approximately $48.61 million, to an anonymous wallet address. This transfer, which occurred just over three hours ago, has the crypto community buzzing with questions and speculation.</p> 
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   <p lang="en" dir="ltr">🚨 🚨 100,000,000 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">#XRP</a> (48,611,105 USD) transferred from <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">#Ripple</a> to unknown wallet<a href="https://t.co/KmqklOVIKJ" target="_blank" data-wpel-link="external">https://t.co/KmqklOVIKJ</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1779377317699039494?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 14, 2024</a>
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<p>The recipient wallet, identified as “rP4X2h,” has a balance now exceeding 225 million XRP, valued at over $110 million. The ownership of this wallet remains a mystery, even to the Bithomp explorer, which has failed to yield substantial information about the entity behind it.</p> 
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  <img decoding="async" src="https://lh7-us.googleusercontent.com/JU6sip1NYb0uBB_DkVpUODeKLMQBQNbWUfhkB73aHww6FPHbq4845_Gb4cOYooA_6QbXYw3mO4WbT6JvPVxaZtTUC6VZ8h_v3HO_pV2OIWyWl2bQfM2P0o_rVCVBd7_oksj6CB9ZbUpk9nCON4y4YnM" alt="XRP Transaction">
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<p>Interestingly, this transfer comes amidst a remarkable recovery in XRP’s price. After a temporary slump due to geopolitical tensions, XRP has bounced back with a notable uptick of over 3% since the opening of the latest daily candle.&nbsp;</p> 
<p>Moreover, factoring in yesterday’s buyback, XRP has surged by a remarkable 17.8% since hitting its lowest point at $0.4188, a level unseen in the last eight months.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p><strong>Also Read: </strong><a href="https://www.cryptotimes.io/2024/04/14/binance-executive-tracked-to-kenya-facing-extradition-to-nigeria/" data-wpel-link="internal"><strong>Binance Executive Tracked to Kenya, Facing Extradition to Nigeria</strong></a></p> 
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Ripple’s Massive 100M XRP Move Fuels Market Speculation

The Crypto Times

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