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Whale Alert: 30,000,000 XRP Transferred From Unknown Wallet to CoinsPh


thenewscrypto.com 02 April 2022 09:57, UTC
Reading time: ~2 m

  • Buyers may break through the 0.88% resistance under pressure.
  • XRP has gained 2.57% in the last 24 hours.

Ripple (XRP) witnessed an 8.5 percent drop after a retreat from the $0.88 resistance level but remained stable. A cup and handle pattern was reinforced as the coin’s price bounced back from the impending support trendline. As a result, buyers may break through the 0.88% resistance under pressure from the cup and handle formation.

The LUNU POS, a payment system created by fashion label Off-White, is designed to protect customers from the volatility of cryptocurrencies. The system is a payment terminal that can find the best conversion rate for fiat currency to cryptocurrency at the time of purchase. To make things even better, customers who use cryptocurrency to make purchases will get reimbursements in local currency if they return items. Ripple is a cryptocurrency accepted by many businesses and makes to the fashion brand list of accepted coins.

Crypto Whale Alert

CoinsPh has received a significant transfer from an unidentified wallet. A blockchain monitoring and research organization, Whale Alert, said that the transaction was valued at 24,960,530 US dollars.

🚨 🚨 30,000,000 #XRP (24,960,530 USD) transferred from unknown wallet to #CoinsPhhttps://t.co/VEsMqjMKGB

— Whale Alert (@whale_alert) April 2, 2022

When a transaction is made on more than one blockchain, Whale Alert keeps track of it all and maintains it in a single database in a standard manner. Automated assistance is used to keep these databases up-to-date with the help of artificial intelligence.

Hundreds of millions of dollars of XRP have been traded overnight by crypto whales. According to Whale Alert data, the transaction occurred at 1:13:52 UTC on 2 April 2022. Furthermore, the XRP has gained 2.57 percent in the last day. According to CoinMarketCap, the XRP price today is $0.841990 USD, with a 24-hour trading volume of $1,785,546,261 USD. 

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