Ripple News

Crypto Whale Transfers Over 21 Mln XRP To Binance.

Whale Alert, a prominent cryptocurrency tracking service, reported that approximately $16 million in XRP coins were transferred from HitBTC exchange to Binance in the last 15 hours. The following are the specifics of this transaction.

The whale has sent 21 million XRP to the globe’s largest exchange.

According to data provided by the abovementioned blockchain provider, 21,001,636 XRP (equal to $16,782,761) was moved to an unidentified wallet.

Bishop, an analytics tool, explained that this “unknown wallet” is founded on Binance, and the HitBTC wallet was created by the Poloniex exchange.

A day ago, U.Today reported that prominent South Korean crypto exchanges Bithumb and Coinone exchanged 127.3 million XRP. Those four massive chunks transmitted by those platforms corresponded with a significant increase in XRP address activity. The Santiment data aggregator produced this information.

When contrasted to May of last year, the quantity of active XRP addresses was enormous. This figure of October that is 147,000 active Ripple addresses has now dropped somewhat, totaling 95,300. However, by the onset of the epidemic in May 2020, it was only approximately 5,000. Some prominent members of the Ripple community feel that the increase in address activity is a positive indicator for XRP.

Ripple Trading at $0.8142

As of the time of reporting, the Ripple-affiliated cryptocurrency was trading at $0.81, representing gains of little more than 3% in the previous 24 hours.

SHIB is preferred by Australians above ADA and XRP.

As per a new Saxo Markets poll, the second-most popular meme-currency, Shiba Inu (aka Dogecoin killer), is more famous amongst Australians than Ripple and Cardano’s indigenous token, ADA.

On the poll ranking, Shiba Inu is followed by Bitcoin, Ethereum, BNB, and Dogecoin. This should be emphasized that the study findings revealed how effectively Australians understand each of these currencies. As per the poll, millennials were considerably more familiar with SHIB than boomers.

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