Analyst Flags ‘Suspicious’ $280 Million XRP Move By Ripple Outside Of Unlock ...
Ripple, a crypto payments company has found itself at the center of fresh speculation once again after a large XRP transfer surfaced on-chain, catching the attention of market watchers and community members. The scale of the transfer and the fact that it was made outside Ripple’s established monthly escrow schedule have prompted questions across the […]
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On-chain transaction data shows the XRP ecosystem recently witnessed an enormous movement of 200 million XRP tokens worth $94.5 million ahead of the periodic unlock from escrow. This transaction was recorded on-chain on June 30 between two unknown wallets, indicating it isn’t an escrow unlock. Although the periodic unlock has already been completed since this transaction, XRP traders and enthusiasts are still fascinated by its enormous nature, prompting a detailed look into the on-chain data. Breaking Down The 200 Million XRP Transfer According to on-chain data initially noted by....
The Optimism native token OP is now in the line of fire with millions of tokens set to be released into circulation. This threatens the altcoin’s price which is already on a downward spiral after carrying out its 3rd airdrop. Optimism Set To Unlock 24 Million Tokens In the latest iteration of its token unlock events, the Optimism network is looking at over 24 million tokens being unlocked and brought into circulation. On-chain token tracking website Token Unlocks reports that the 24.16 million token is worth approximately $30.7 million at current prices. Related Reading: Market Analysts....
The XRP community’s attention has been drawn to a $600 million transfer, which has sparked speculation about its potential impact on the altcoin’s price. The transfer notably originated from a Ripple wallet address, further fueling speculations that the crypto firm is dumping on retail investors. $600 Million in XRP Tokens Moved by Ripple Spark Speculation Whale Alert data shows that Ripple moved 200 million XRP ($610 million) from one of its wallets, sparking speculation that the crypto firm was looking to offload these coins. Moreover, the transfer comes as XRP struggles to hold above....
Crypto analyst Austin Hilton is asking XRP investors to watch a new move from Ripple that he says could change the future of the token. In a new video on X, Hilton said Ripple is taking another big step to grow its business in global finance. Austin Hilton Highlights Ripple’s $1 Billion GTreasury Acquisition In […]
On-chain data has raised red flags across the Dogecoin ecosystem as some whale wallets shed their holdings at an alarming rate. According to Santiment data, noted by crypto analyst Ali Martinez, holders of between 10 million and 100 million DOGE have offloaded over 570 million coins in the past week alone, a signal that could […]