Ripple Empties 2020 Wallet of 200,000,000 XRP As Price Drops From Recent $3.65 Peak
Main Idea
Ripple transferred 200,000,000 XRP from a 2020 wallet to a new wallet, while the price of XRP dropped 5% from its recent peak of $3.65.
Key Points
1. Ripple moved 200,000,005 XRP (worth ~$700,609,232) from a 2020 wallet to a new wallet.
2. This follows similar large XRP transfers by Ripple earlier in the week.
3. XRP's price surged to $3.65, nearing its 2018 all-time high, but then declined by 5% to $3.46.
4. Blockchain tracker Whale Alert reported the transaction, while @XRPwallets clarified it was Ripple's internal transfer.
Description
Ripple transfers hundreds of millions of XRP to a new wallet from a 2020 blockchain address
$XRP
$3.2424
-7.86%
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