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Over Hundred Million XRP Wired As Anon Whales Watch XRP Price Rise

Sat, 12/03/2022 - 20:00
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Yuri Molchan
Whales have shifted close to 150 million XRP, seeing a small price rise of the coin
Over Hundred Million XRP Wired As Anon Whales Watch XRP Price Rise
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As reported by Whale Alert, blockchain platform that tracks massive crypto transactions and crypto scams, about fourteen hours ago, an anonymous transaction was detected.

Whales kicking over 150 million XRP

The aforementioned transfer carried a $56,521,052 worth of Ripple-affiliated cryptocurrency XRP.

Details provided by XRP-focused wallet tracker Bithomp shows that a whale moved this staggering amount of XRP from a Binance wallet to a major US exchange Bittrex.

Recently, whales have become quite active, moving massive amounts of XRP from one anonymous wallet to another or sending big lumps of this token to exchanges to sell or withdrawing it to cold wallet.

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XRP’s social dominance rises

As reported by Santiment, its analytics data has been showing a major rise in the social dominance of XRP as it has emerged on the trending list along with Stellar’s XLM and Status (SNT).

Analysts of this on-chain data platform say that this makes chances of a price surge higher than before. However, they also warn that a quick sell-off is also possible, while these coins are trending.

Over the past 24 hours, XRP has gained a small 2.3 percent.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at