Ethereum 

Whale Transfers 31.30 Million Ripple (XRP) to Bitstamp

Over the past year or so, the fintech firm Ripple has come under fire from the XRP community for selling large amounts of the cryptocurrency token. The company holds the highest number of XRP tokens, meaning significant sales at regular intervals have affected the price of the cryptocurrency considerably. In a new development, it has emerged that more than 31 million XRP tokens were sent from an unknown wallet to the Bitsamp exchange. The transaction was announced by a reliable Twitter account named Whale Alert, which tracks big transactions in…

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Blockchain 

Ripple Transfers XRP to New Trading Address

Over the past month or so, the Ripple (XRP) community has been in the news due to the way in which Ripple, the largest holder of XRP, has dumped the token in copious amounts. It has been alleged that the company’s actions have resulted in the poor performance from XRP during the crypto rally during the first half of the year. Key Details While the company did explain that it was not a ‘dump,’ a new development has emerged that could send the community over the edge once again. According…

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Blockchain 

Ripple Escrow Wallet Transfers Another 500 Million XRP to Company

In recent times, Ripple has been at the center of whale moves and has managed to move a significant amount of XRP. In the latest development, Ripple Escrow wallet has completed the transfer of 500 million XRP token to Ripple. Massive Movement of XRP to Ripple In a recent tweet, the Whale alert indicated tokens worth around $130.1 million moved from the Ripple Escrow Wallet to Ripple. The Whale alert account usually provides information regarding cryptocurrency whale movements, and it is always informing the community about various crypto whale moves.…

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