Ripple Whale comes to life and transfers 745 million XRP to unknown address

Ripple Whale comes to life and transfers 745 million XRP to unknown address
  • With the rising price of XRP, there was also an alarming transaction of 745 million XRP.

Among the owners of the XRP cryptocurrency, there are still strong whales that have no problem transferring almost a half billion dollars in one transaction.

One such whale was discovered just these days by Whale Alert analysts, who pointed out an unusually large transaction.

This transaction was worth $ 330,204,160 at the time of the transfer, but with the continuing rise in the price of XRP, it is already $ 340M at the time of writing. The whale transferred  a total of 745,669,250 XRP to an unknown address.

After studying the recipient’s address, we see that the coins have not moved since receipt and there is still 745,669M XRP on the balance, but it is questionable whether it was a transfer of one of the cryptocurrencies exchanges or it is an individual who may affect the XRP market in the future.

Read also: Ripple has been hurt only by the US as company activities continues to grow in the Asia

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