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On August 1, 2018, an unknown wallet transferred 8.1 million XRP from a Ripple address to another Ripple address. This is the largest amount of XRP ever transferred in one transaction and has raised many questions about the transfer.
The xrp to usd is a blog post that explains the 8,000,000 XRP being transferred from an unknown wallet.
Whale Alert tracks transactions across several blockchains, translates them, and saves them in a single standard format in its databases.
Thousands of known addresses of people, exchanges, and companies are stored in these databases, which are manually updated with AI’s help.
An unnamed whale sent a huge amount from an anonymous wallet to Nexo.io. Whale Alert, a blockchain monitoring and research company, also highlighted the transaction’s size: 8,000,000 XRP (10,439,728) USD.
Alert for Crypto Whales
The crypto whales are at it again, transferring hundreds of millions of dollars in XRP over night. Whale Alert, a blockchain monitoring and research program, first identified the massive coin transfer networks.
The transaction occurred at 03:07:22 UTC on Monday, August 16th, 2021, according to data provided by Whale Alert. The XRP, on the other hand, has dropped 2.57 percent in the last 24 hours.
Whale Alert noted the transaction on its official Twitter account as well:
“Unknown wallet sent 8,000,000 #XRP (10,439,728 USD) to #Nexo” look at the tweet
The current XRP price is US$1.25, according to CoinMarketCap, with a 24-hour trading volume of $8,030,347,929 USD. Ripple’s XRP is a fast, cheaper, and scalable alternative to other digital currencies and existing monetary payment systems such as SWIFT.
Furthermore, the sending whale still has 57.99 XRP in its wallet, as well as 20 XRP reserved. For this massive transaction, a fee of 0.00001 XRP was paid. Furthermore, this was not the whale’s only XRP movement on this particular day. 200,000 XRP were transferred to Cobo.com earlier in the day.
At the time of writing, the receiving wallet has 78.416 million XRP in its wallet, including the reserved 20 XRP.
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