The digital currency community was astonished after details of a large transaction were released by the blockchain tracker Whale Alert. In this transaction, 131 million Ripple (XRP) was transferred anonymously. However, the data revealed more about the identity of the receiver. The transfer took place concurrently with a 5.37% decrease in Ripple’s price over the past 24 hours, estimated at around $273,945,648 at the time of transfer. The Ripple community quickly speculated about the purpose of this transfer, which occurred between two anonymous wallets. Some believed it to be a large off-exchange sale (OTC), while one user claimed the transfer was related to wallets associated with the Binance exchange. According to data from the specialized platform Bithomp, the receiving wallet is linked to Binance, but the identity of the sender is still unknown. Whale Alert’s team also identified two other Ripple transactions this week. On April 14, 70 million Ripple worth $150,361,090 was moved between anonymous wallets, likely related to the Ripple payment system. The next day, 29,532,534 Ripple was transferred to the exchange CoinBase, which according to Bithomp’s report, was an internal transfer within CoinBase. You can view the live and momentary prices of all tokens and cryptocurrencies on the real-time digital currency price page.
