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Ripple Moves 73,200,000 XRP As Bitcoin and Tron Whales Move Crypto by the Millions

by Daily Hodl Staff
February 20, 2019
in Altcoins

Crypto whale watchers are tracking Ripple as it moves millions of dollars worth of XRP. In the last 24 hours, the San Francisco startup has transferred more than 73,200,000 XRP worth $23.9 million.

Ripple’s largest most recent transfer of 47,200,000 XRP, which clocks in at more than $15.7 million, was sent from a known over-the-counter Ripple distribution wallet to an unknown wallet. This is a sign that Ripple may have sold the batch to a third party, which the company regularly does to pay its bills and to make new investments in the XRP ecosystem.

? 47,200,000 #XRP (15,795,851 USD) transferred from Ripple OTC Distribution wallet to Unknown wallet

Tx: https://t.co/bgQ9a8Ttso

— Whale Alert (@whale_alert) February 19, 2019

Meanwhile, Bitcoin whales have moved a whopping 12,300 BTC worth about $48.7 million in the last day.

Most of the funds were sent from unknown wallets to the crypto exchange Bitfinex.

• 4,000 BTC worth $15.9 million transferred from Bitfinex to unknown wallet
• 5,000 BTC worth $19.8 million transferred from unknown wallet to Bitfinex
• 1,800 BTC worth $7.1 million transferred from unknown wallet to Bitfinex
• 1,500 BTC worth $5.9 million transferred from unknown wallet to Bitfinex

Tron whales have also become active in the last few days, with 409,499,944 TRX worth $10.2 million on the move since Monday. The transactions are spread across the crypto exchanges Bittrex, Binance, Bitfinex and Huobi.

• 39,500,013 TRX worth $967,343 transferred from unknown wallet to Huobi
• 40,000,000 TRX worth $1.0 million transferred from unknown wallet to unknown wallet
• 59,999,999 TRX worth $1.5 million transferred from unknown wallet to unconfirmed exchange
• 160,000,000 TRX worth $4.0 million transferred from unknown wallet to Binance
• 39,999,966 TRX worth $1.0 million transferred from unknown wallet to Binance
• 39,999,966 TRX worth 1.0 million transferred from Bitfinex to unknown wallet
• 30,000,000 TRX worth $744,772 transferred from unknown wallet to Bitfinex

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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