Crypto News

300,000,000 XRP Worth 106,967,551 USD Transferred to Unknown Wallet

300,000,000 XRP Worth 106,967,551 USD Transferred to Unknown Wallet

  • On-chain activity has dropped from 243.8k to fewer than 100k users.
  • XRP is down 27.15% in the last 24 hours.

A few currencies in the market are attempting to recoup from their losses, while others are under freefall; XRP is among them. In the last 24 hours, XRP has lost 27.15 percent of its value. XRP investors, on the other hand, have fared far better than LUNA investors, who have seen nearly 99 percent of their money go in only 48 hours. LUNA was once valued at $119, but as of this writing, it is selling at only $0.27.

There has been an ongoing reduction in the number of active XRP users on-chain the every day since the beginning of the year, unlike LUNA investors, who have been more cautious since the beginning of the year. Over the last week, XRP’s on-chain activity has dropped from 243.8k to fewer than 100k users, a spike to 102k took place yesterday.

Whale Alert

XRP holders, on the other hand, are still losing 63.34 percent of their XRP supply after more than a year of faithfully holding on to it. Furthermore, Whale Alert examines and interprets data from many blockchains before being stored in a single standard format.

An Unknown wallet has received $300,000,000 from a whale from Binance. According to blockchain analytics and monitoring firm Whale Alert, the transaction was valued at 106,967,551 US Dollars. According to the data provided by the analytics firm, the transaction happened at 05:30:41 UTC on May 12th, 2022. Moreover, according to CMC, the XRP price today is $0.369842 USD with a 24-hour trading volume of $6,461,929,219 USD. XRP is down 27.15% in the last 24 hours.

Read more: https://thenewscrypto.com/300000000-xrp-worth-106967551-usd-transferred-to-unknown-wallet/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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