The most recent XRP transfer has puzzled the XRP community
According to recent data provided by Whale Alert, a popular service that tracks large cryptocurrency transactions, $10.3 million worth of XRP was recently transferred from an unknown wallet to the Bitstamp exchange. Some community members have treated this as a harbinger of a significant price decline.
This is the first XRP transfer to the Bitstamp exchange that has been recorded by Whale Alert since Oct. 8. The previous transfer took place on Oct. 8. Earlier this month, there was also a large XRP transfer of a whopping $27.3 to the Bitso exchange. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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