A whale transferred $27 million to anonymous accounts according to data provided by Whale Alert.
In one recent transaction, whales transferred millions of XRP. With a value of more than $27 million to unknown wallets. In the transfer process, XRP was sent from CryptoCom to unknown wallets. On October 30th. The transaction was spotted by Whale Alert, a popular cryptocurrency tracker, and was conducted by the Crypto.com trading platform.
On the same day, another large transaction was made by Bitstamp's anonymous wallet. Also mentioned by Whale Alert.
According to a Whale Alert report, 50 million XRP was transferred from Crypto.com to an unknown wallet. The value of the deal was approximately $27.6 million at the time of the transfer.
Meanwhile, in another transaction. Whale Alert provided information that an unknown account transferred 26.7 million XRP, worth approximately $14.82 million, to Bitstamp.
Whales moving cryptocurrencies off the trading platform indicates that they are likely to hold onto the assets. So, keeping in mind that the market sentiment seems to be bullish on cryptocurrencies.