Two major cryptocurrency exchanges have witnessed staggering XRP withdrawals in past 24 hours
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According to data shared by cryptocurrency tracker Whale Alert, which monitors large crypto transfers within the blockchain space and shares their details on social media, over the last 24 hours, an equivalent of $111.8 million inWhale Alert detected eight transfers moving hefty amounts of XRP. The smallest of them was worth 19,000,000 XRP . The two largest ones carried 26,000,000 and 26,287,782 XRP. The other carried between 21 million and 23 million XRP coins.
In the meantime, in the past 24 hours, XRP has shed a substantial 10%, falling from $0.63459 to the $0.57205. A small rise followed, pushing the Ripple-affiliated coin up. But now it has declined to trader at $0.57421. That decline was preceded by a massive 16% price surge. Earlier this month, XRP registered an astounding weekly rise of approximately 36%, which happened between July 7 and July 13. According to a recent report published by Santiment, large cryptocurrency wallets accumulated roughly 300 million XRP, thus pushing the coin’s price way up.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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