With Bitcoin maintaining its position above the $10,000 mark, the crypto-market saw a host of significant whale movements between wallets. In spite of the larger market’s sideways movement, Ripple and its token, XRP, have benefited from the king coin’s surge.Whale Alert, Â one of the web’s major cryptocurrency transaction trackers, shared news of a significant transfer on Twitter. The tweet read,
“500,000,000 #XRP [131,218,427 USD] locked in escrow at Ripple”
500 million XRP were locked in escrow, and had a time stamp of 04:50:42 UTC on 3 September 2019. The hash recorded for the escrow was 0ECCB576AEE1B58F25AE7148B985CD3EE472F2E889DE657B335D474DD9EF84E3. These XRP were locked in escrow with a transaction fee of 0.0005 XRP and a block height of #49777228. The transfer was carried out from Ripple’s wallet address rsjFB8mPWqiZgPUaVh8XYqdfa59PE2d5LG, successfully over Ripple blockchain in 500 drops. Just a couple of minutes before this, Whale Alert notified the crypto-community about,
“200,000,000 #XRP [51,974,090 USD] transferred from Ripple Escrow wallet to Ripple”
XRP were transferred between Ripple’s escrow wallet address rDdXiA3M4mYTQ4cFpWkVXfc2UaAXCFWeCK and Ripple’s wallet address rBg2FuZT91C52Nny68houguJ4vt5x1o91m. The time stamp recorded for this transfer was 04:48:21 UTC, 3 September 2019 and hash for the transfer was C7890ED7140BAB1D4B7F86D93AEAC6B83C490FFFA6B1EC65A5D22B63928CDAC7. Transaction was done over Ripple blockchain with a transaction fee of 0.0005 XRP. Also, the transfer was done in 500 drops as the block height recorded for the transfer was #49777191. Previously, Whale Alert had informed the community,
“300,000,000 #XRP [78,078,428 USD] transferred from Ripple Escrow wallet to Ripple”
The transfer happened over Ripple blockchain with a transaction fee of 0.0005 XRP. This transfer was deemed successful in 500 drops, having a timestamp of 04:46:50 UTC, 3 September 2019. The block height was #49777167 as XRP were transferred between Ripple’s escrow wallet address rDdXiA3M4mYTQ4cFpWkVXfc2UaAXCFWeCK and Ripple’s wallet address rp6aTJmW3nq1aKt3Jmuz4DPRxksT5PBjpH. Highlighting yet another transfer, Whale Alert tweeted,
“500,000,000 #XRP [130,130,714 USD] transferred from Ripple Escrow wallet to Ripple“
The transfer was initiated over Ripple’s blockchain with a timestamp of 04:45:10 UTC, 3 September 2019. Also, a transaction fee of 0.0005 XRPÂ was charged as the transaction was deemed successful in 500 drops. The block height for the transaction was #49777141 as XRP were transferred between Ripple’s escrow wallet address rDdXiA3M4mYTQ4cFpWkVXfc2UaAXCFWeCK and Ripple’s wallet address rsjFB8mPWqiZgPUaVh8XYqdfa59PE2d5LG. Hash for the transfer was 9479E74779378110E2E38A9C92690B2E6654C8A83CD94E284C6FED2A90898B90.
It would thus seem that XRP whales have become wildly active after a long period of dormancy.
