XRP is among the leading cryptocurrencies. One of the most important features of Ripple is that it can transfer large amounts of money securely over the blockchain. The XRP wallet has recently moved around 124 million coins and has garnered attention. XRP, one of the most valuable digital currencies in the world, has seen an increase in whale accounts in recent days.

 

 

Whale Alert, a leading blockchain tracking firm, recently scrutinized two major Ripple transfers involving more than 124 million coins. According to Whale Alert data, on July 19, 2021, a prominent XRP whale moved 84.3 million tokens to an unknown wallet. The total value of the transaction is approximately 50 million dollars.

In another transfer, nearly 40 million XRP coins worth over $23 million were moved from the crypto wallet to the digital exchange Binance. It was said that the transaction took place on July 17.

Ripple is the 6th largest cryptocurrency among cryptocurrencies. The digital asset Dogecoin (DOGE) sits above XRP from Polkadot (DOT) and Bitcoin Cash (BCH). Last week, the XRP price fell massively and its value dropped by about 10%. At the time of writing, Ripple is trading around $0.58 with a market cap of more than $27 billion.

XRP whales continue to rise in 2021

XRP whales and institutional investments have been on the rise since early 2021. In May 2021, a crypto wallet transferred 139 million tokens to an unknown wallet. Later, in June, it was understood that a crypto address transferred 179 million coins. Alongside large transactions, XRP investment products have also seen an increase in institutional investments this year. According to a weekly report of digital asset fund flows released by crypto asset management firm CoinShares in June 2021, XRP’s popularity among institutional investors increased significantly in the last week of May.

XRP is among the leading cryptocurrencies. One of the most important features of Ripple is that it can transfer large amounts of money securely over the blockchain. The XRP wallet has recently moved around 124 million coins and has garnered attention. XRP, one of the most valuable digital currencies in the world, has seen an increase in whale accounts in recent days.

Whale Alert, a leading blockchain tracking firm, recently scrutinized two major Ripple transfers involving more than 124 million coins. According to Whale Alert data, on July 19, 2021, a prominent XRP whale moved 84.3 million tokens to an unknown wallet. The total value of the transaction is approximately 50 million dollars.

In another transfer, nearly 40 million XRP coins worth over $23 million were moved from the crypto wallet to the digital exchange Binance. It was said that the transaction took place on July 17.

Ripple is the 6th largest cryptocurrency among cryptocurrencies. The digital asset Dogecoin (DOGE) sits above XRP from Polkadot (DOT) and Bitcoin Cash (BCH). Last week, the XRP price fell massively and its value dropped by about 10%. At the time of writing, Ripple is trading around $0.58 with a market cap of more than $27 billion.

XRP whales continue to rise in 2021

XRP whales and institutional investments have been on the rise since early 2021. In May 2021, a crypto wallet transferred 139 million tokens to an unknown wallet. Later, in June, it was understood that a crypto address transferred 179 million coins. Alongside large transactions, XRP investment products have also seen an increase in institutional investments this year. According to a weekly report of digital asset fund flows released by crypto asset management firm CoinShares in June 2021, XRP’s popularity among institutional investors increased significantly in the last week of May.

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