The crypto market has remained highly volatile for the past several months. Bitcoin is struggling to rise past the $10,000 level but its dominance remains high. Other major altcoins are also moving but their movement is highly interlinked with that of BTC. The third biggest crypto, XRP, has registered some activity recently but it has not affected its price significantly.
The XRP whales continued to remain significantly active in the digital assets markets in spite of the constant sideways price movement of Ripple’s native coin. One of the whales was caught red-handed transferring a large amount of funds in XRP tokens. The transaction was discovered by Whale Alert, a major crypto transaction tracker.
Whale Alert shared this interesting news on Twitter stating:
“84,775,570 #XRP [133,366,660 USD] transferred from unknown wallet to unknown wallet”
That transaction was done over the Ripple blockchain between the wallet address rNfRpqwq27b2xCBSNf7BzuZrmmbkc5bZr2 and the wallet address r3C9BXmTtiDLhxH76cWP6vbyDEkbtxANzo. As recorded, the hash for this transaction was 7F58C699E0BD8AA6BFACFE9FA6BBBA611004AA070AF37ADEA02B7EF65FC170DE while the timestamp for this major transfer was 05:39:32, 24 August 2019 UTC. The transaction was completed over 10,000 drops consuming a transaction fee of 0.01 XRP and it was considered a success at a block height of #49555909.
Currently, XRP is losing around 1.6% over 24 hours trading at $0.2696. Moments later, Whale Alert reported another transfer of Ripple’s native token tweeting:
“49,800,000 #XRP [13,915,191 USD] transferred from unknown wallet to #Bitstamp”
The transaction was serviced in 45 drops between the wallet address rKQDgXmEAGpNeQxmbR8qYz9FdmQGv6mUGj and Bitstamp’s wallet address rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv. The transfer took place over the Ripple blockchain. Records show that this transaction had the timestamp, 21:45:20 UTC, 23 August 2019.
The hash of this transaction was 61C954DBEEC79B45373AB03DD3116288E8FDF148266575262524632D15C1188B. The transaction fee for this transaction was 0.000045 XRP while the block height recorded for this transaction was #49548626.
These two transactions were not the only ones that made ripples in the XRP community. Whale Alert shared another transaction:
“50,175,722 #XRP [13,967,630 USD] transferred from unknown wallet to unknown wallet”
This transaction was done on the Ripple blockchain taking 45 drops between the wallet address rUS56vqwnwaAKLByqS2Nut3FhH2EeckhkQ and wallet address rKQDgXmEAGpNeQxmbR8qYz9FdmQGv6mUGj. Notably, the receiver wallet in the address was the sender in the previous transaction. This transaction registered the hash 832C2B0E2FD6A85318A6DC1A14D6949BC2EB278DA09F793CD84A146A8BF758F4 with a timestamp of 21:29:22 UTC, 23 August 2019. The block height was #49548382 and its transaction fee was 0.000045 XRP.