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February 20, 2019

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

By Daily Hodl Staff

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.

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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

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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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