Showing posts with label transfers. Show all posts
Showing posts with label transfers. Show all posts

Friday, December 11, 2020

Big Transfers in Bitcoin (BTC) and XRP, What's Happening?


 

One of the largest Bitcoin wallets on record has transferred about 21,315 Bitcoins worth about $ 400 million to an unknown wallet.

Before the transaction, according to BitInfoCharts, the sending wallet was the 34th largest Bitcoin address in the world on record, but received the first BTC only on Monday. This wallet 's balance is now zero. According to CoinMarketCap , the cryptocurrency tracker Bitcoin Block Bot reported this transaction, which cost only 0.00085506 BTC and was worth about $ 15.78 at the time of writing.




According to Blockchain.com, about 16,315.2 BTC in the transaction were sent to an unknown wallet and 5,000 BTC to another wallet, and none of Bitcoins has moved again until the time of writing. None of the relevant wallets are known to be affiliated with any cryptocurrency company or individual in the industry.

XRP Movement Also Happened
Whale Alert, a crypto tracer bot, also reported a massive crypto move from San Francisco-based payment company Ripple. Ripple moved 150 million XRP worth about $ 84 million to an unknown wallet on Tuesday. According to Bithomp, the XRP Ledger fee for the transaction was just 0.0005 XRP (much less than a penny).



This unknown wallet has received a lot of big XRP from Ripple in the past. A few of the recent transactions were 50 million XRP from Ripple on December 1, 27 million XRP on November 4, 42 million XRP on October 1, 47 million XRP on September 3, 39 million XRP on August 19 and August 1. It contains more than 26.5 million XRP.

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