u.today
Seychelles-based Huobi Global has announced zero trading fees for 39 cryptocurrency pairs. The $XRP/$USDD trading pair as well as those of 38 different cryptocurrencies paired against $USDD will attract zero fees. $USDD is a stablecoin issued by TRON DAO Reserve.
Trading is more fun when there's ZERO FEE! 🤩
— $USDD (@usddio) February 27, 2023
Head to @HuobiGlobal and enjoy our 39 $USDD trading pairs without worrying about the fees.
💸 https://t.co/3kad6Oe3Jd#BTC #ETH #USDT #$USDD pic.twitter.com/YJz9UOclF2
At the time of writing, $XRP was trading marginally higher in the last 24 hours at $0.378. The trading volume of $XRP has shot up by almost 88% as traders considered oversold conditions for the sixth largest cryptocurrency.
$XRP has formed a death cross on its weekly chart. Though a death cross might portray bearish indications, the contrary holds for $XRP, as most death cross occurrences have marked major or interim bottoms. Historically, this has usually acted as the base for the $XRP price to climb higher.
630 million $XRP shifted by whales
During the weekend, whale transactions for $XRP significantly increased. According to WhaleAlert, 630 million $XRP were transferred from wallets and to and from exchanges in the previous 24 hours.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 253,000,000 #$XRP (95,736,191 USD) transferred from unknown wallet to unknown wallethttps://t.co/VipsqFKPkM
— Whale Alert (@whale_alert) February 26, 2023
In the first and largest transaction, 253 million $XRP worth $92.7 million were transferred between wallets. Soon after, whale wallets exchanged 232 million $XRP, worth $87.4 million.
A total of 140 million $XRP were sent in three transactions to Bitstamp addresses. In the first transaction, 35 million $XRP ($13.2 million), 45 million $XRP ($17.1 million) and 30 million $XRP ($11.3 million) were exchanged.
Another transaction was the transfer of 33 million $XRP, or $12.5 million, from Bitso to an unidentified wallet.