The whales have pushed XRP, the world’s fourth-largest crypto asset by market cap, by huge amounts.
According to the latest data released by leading blockchain tracking and analytics account Whale Alert, one major transfer included 15 million XRP worth over $ 15.6 million. Tokens were sent from crypto.com to an unknown wallet.
🚨 15,000,000 #XRP (15,658,913 USD) transferred from #CryptoCom to unknown wallethttps://t.co/MIBxUgBMur
— Whale Alert (@whale_alert) April 25, 2021
Such movements are due to the fact that over the past 24 hours the price of XRP has added about 13% and reached the level of $ 1.19. The cryptocurrency currently has a market cap of over $ 53 billion.
XRP has seen significant gains over the past couple of weeks, with the digital currency hitting its highest level in 3 years at $ 1.94 on April 14. XRP is up more than 500% in 16 weeks, starting at roughly $ 0.23 this year.
On April 13, the total market capitalization of digital currency exceeded $ 72 billion, and on April 14 it almost reached $ 90 billion.
During the third week of April 2021, XRP raised about $ 33 million in institutional funds, the highest ever.
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