Crypto Whale Moves 220 Million XRP from Coinbase
- An unidentified user moved $122 million worth of XRP from Coinbase to an unknown wallet.
XRP whales are on the move after the recent price surge as an anonymous user transferred 220 million XRP from cryptocurrency exchange, Coinbase to an unknown wallet. The total value of the transaction stands at around $122 million.
According to the latest data published by the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term tracker and crypto Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term company, Whale Alert, the mentioned transaction was executed on 16 February at 1:00 UTC. The company also reported another XRP transaction worth nearly $99 million today where an unknown user transferred $178 million XRP to an anonymous wallet.
The recent rise in the value of XRP has played a major role in the surge of anonymous transactions. The cryptocurrency is up nearly 20% in the last 7 days. As of writing, the digital asset is trading above $0.54 with a total market cap of over $24 billion. XRP is currently the 6th largest cryptocurrency in the world.
The digital asset is up more than 150% since the start of 2021. The XRP price took a major hit in December last year after the SEC’s lawsuit against Ripple. The price crashed more than 60% following the SEC news and delisting announcements by the leading crypto exchanges.
XRP’s Recovery
The cryptocurrency has posted a significant recovery after reaching a low of $0.18 in December last year. XRP reached a high of $0.70 in the first week of February after getting support from major Reddit groups. The price is currently consolidating above $0.50 as Ripple gets ready to fight the lawsuit. Apart from major XRP transactions, Whale Alert reported unidentified Bitcoin and Ethereum transactions as well. An unknown user transferred 24,979 Ethereum worth nearly $44 million today to an unknown wallet. A crypto whale moved 1,000 Bitcoin worth more than $49 million from the digital exchange Coinbase to the crypto wallet Xapo. Anonymous cryptocurrency transactions involving BTC, ETH, USDT and USDC are surging since the start of 2021 due to a significant jump in the crypto market cap.
XRP whales are on the move after the recent price surge as an anonymous user transferred 220 million XRP from cryptocurrency exchange, Coinbase to an unknown wallet. The total value of the transaction stands at around $122 million.
According to the latest data published by the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term tracker and crypto Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term company, Whale Alert, the mentioned transaction was executed on 16 February at 1:00 UTC. The company also reported another XRP transaction worth nearly $99 million today where an unknown user transferred $178 million XRP to an anonymous wallet.
The recent rise in the value of XRP has played a major role in the surge of anonymous transactions. The cryptocurrency is up nearly 20% in the last 7 days. As of writing, the digital asset is trading above $0.54 with a total market cap of over $24 billion. XRP is currently the 6th largest cryptocurrency in the world.
The digital asset is up more than 150% since the start of 2021. The XRP price took a major hit in December last year after the SEC’s lawsuit against Ripple. The price crashed more than 60% following the SEC news and delisting announcements by the leading crypto exchanges.
XRP’s Recovery
The cryptocurrency has posted a significant recovery after reaching a low of $0.18 in December last year. XRP reached a high of $0.70 in the first week of February after getting support from major Reddit groups. The price is currently consolidating above $0.50 as Ripple gets ready to fight the lawsuit. Apart from major XRP transactions, Whale Alert reported unidentified Bitcoin and Ethereum transactions as well. An unknown user transferred 24,979 Ethereum worth nearly $44 million today to an unknown wallet. A crypto whale moved 1,000 Bitcoin worth more than $49 million from the digital exchange Coinbase to the crypto wallet Xapo. Anonymous cryptocurrency transactions involving BTC, ETH, USDT and USDC are surging since the start of 2021 due to a significant jump in the crypto market cap.