CRYPTO BREAKING NEWS! (22/6/24)

✦ A substantial amount of 250 million XRP was moved from a Ripple wallet to an unidentified destination. The recipient address, known as 'rP4X2', was activated on October 2 of the previous year by transferring 70 million XRP to it. Currently, this wallet holds approximately 270.96 million tokens. In contrast, Ripple's escrow accounts still contain 39.5 billion XRP.

✦ A suspected insider has reportedly earned 11229 SOL, valued at approximately $1.69 million, in just two days through trades involving HULK and GUNIT. The cost of these transactions was only 23 SOL, equivalent to around $33 million.

✦ A USDT account with a balance of $11.68 million has been frozen. Whale Alert, a blockchain monitoring service, detected the suspension of the account. The reasons behind the freezing of the account remain undisclosed. Further details are awaited.

✦ Toncoin (TON) whales have significantly increased their activity recently. On-chain data reveals a 376% surge in whale activity for Toncoin as the market begins to recover from a bearish start to the week. This increase comes as Toncoin experiences a price decline, with TON down 2.53% in the last 24 hours to $6.90, continuing a two-day decline. The large transaction volume for Toncoin has reached 1.74 million TON in the last 24 hours, or $12.42 million worth, a 376% increase.

✦ Following the liquidation crisis of CRV, six 'whale' investors have accumulated approximately 55.26 million CRV, equivalent to around 19.4 million USD. Notably, five out of these six whales are first-time buyers, reflecting a significant surge in the initial purchase volume of CRV over the past week.