Two sizeable XRP chunks have been bought on Binance and withdrawn by anonymous wallet owners
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Prominent blockchain tracker Whale Alert, which tracks down large cryptocurrency transfers, spreads the word about two mysterious crypto whales that have pocketed 44 million XRP between the two of them. These transactions have taken place while the XRP price demonstrated a marginal decline of slightly less than 4%.Bitcoin ETFs Expected to Launch in AustraliaData from the Bithomp cryptocurrency explorer focused on XRP, however, has revealed some further details of these transactions. The data shared by it shows that the anonymous wallets are linked to Binance as well.
According to the aforementioned Bithomp analytics platform, the transaction was initiated by a wallet linked to Ripple Labs behemoth. Bitstamp is among many cryptocurrency exchanges that collaborate with Ripple on its global payments service, which was known as On-Demand Liquidity until early fall last year.
Now called Ripple Payments, it runs on RippleNet and leverages XRP for low-cost and fast-acting transactions via the above-mentioned cryptocurrency exchanges.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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