Investor in the Top 0.01% of XRP Rich List Moves Over 99 Million XRP
Investor in the Top 0.01% of XRP Rich List Moves Over 99 Million XRP
A whale investor who falls within the top 0.01% of the XRP rich list shuffles over 99 million XRP tokens into two new wallets.
Market tracking platform Whale Alert indexed the remarkable flow of funds in a recent disclosure by X.
Notably, the whale in question first received 99.225 million XRP at 15:26 UTC on August 24. This transaction activated the address, marking its first activity.
However, almost 24 hours after receiving the 99.225 million XRP, the wallet in question distributed the tokens to two different addresses. First, it moved 2 million XRP to a relatively older wallet at 15:06 UTC yesterday. Two minutes later, the whale transferred 97.225 million XRP tokens to another new wallet.
Meanwhile, the recent whale transactions have not had any observable effect on XRPâs price movements. XRP is currently trading at $0.5996, down 1.75% over the past 24 hours. Despite the ongoing struggles, the price of XRP has increased by 5.31% over the past seven days.
Disclaimer: This content is informative and should not be considered financial advice. The opinions expressed in this article are based on the opinions of the public.
