09/08/19 07:00 UTC-4

One of the largest transfers of the Ripple cryptocurrency has occurred

CryptocurrencyThe largest transaction occurred on the Ripple network
The largest transaction occurred on the Ripple network

Whale Alert market information provider announced one of the largest transactions in the history of the Ripple cryptocurrency (XRP). According to information, between two unknown wallets there was an exchange worth more than 31.2 million US dollars.


Transfers in the Ripple network

The transaction occurred a few days ago, on August 7th. A record amount of 100 million XRP tokens was transferred from one unknown wallet to another. This transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
is equivalent to more than 31 million dollars.

Over the past month, this is not the first transfer record from Ripple; earlier, very large transactions were also noticed. At the same time, the cryptocurrency developer company did not report a change in the coin store. Based on this, we can talk about the excessive activity of whales that trade outside of exchange platforms.

So, on August 5, XRP tokens in the amount of $4.8 million were transferred, and a major transaction of $ 5.7 million occurred. At the same time, the latest cryptocurrency news note that large transfers did not bring positive changes for the coin. Over the past week, cryptocurrency has fallen by more than three percent. Having reached a price weekly maximum in the evening of August 5 with indicators of 0.329713 US dollars.

One of the largest transfers of the Ripple cryptocurrency has occurred. Recall that on July 25, CurrencyBird joined RippleNet. Thus, CurrencyBird became the first Chilean payment company to operate on a network of institutional payment providers.

Editor: Godfrid Brower

See also: "In the US, cryptocurrencies will be exempt from double tax"

#Ripple #cryptocurrency #transaction #XRP #WhaleAlert



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