NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

XRP Whales Move $759M In Token: What Are They Up To?

Keshav Verma
Keshav Verma
1 day ago
2 mins read
XRP Whales

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On-chain data shows the XRP whales have transferred significant amounts in the asset during the past day. Here’s where the coins are heading.

XRP Whales Have Just Made Two Large Transactions

According to data from cryptocurrency transaction tracker service Whale Alert, two massive transfers have been spotted on the XRP blockchain in the last 24 hours.

Both of these moves were of a scale that can be associated to the whales, entities that carry significant amounts in their wallets. Due to their size, these investors can hold some degree of influence on the network, so their transfers can be worth keeping an eye on. They may not always directly affect the asset, but they can still sometimes be revealing about the sentiment among the cohort.

Related Reading

XRP

XRP Breaks Out Of Bull Pennant—Is $15 Now In Sight?

2 days ago

That said, it’s only possible to speculate on transactions when they involve at least one wallet that’s identifiable. Cryptocurrency networks are, after all, anonymous by nature, so a lot of transfers don’t hold any meaningful information.

The older of the two XRP whale transfers from the past day, which also happens to be the much more massive of the two, was unfortunately of the type with no known addresses.

XRP Whale
The details of the first large transaction from the last 24 hours | Source: Whale Alert

As is visible above, the transfer involved around 200 million XRP, worth a whopping $700.6 million at the time that the move was executed on the blockchain. The transaction occurred between two unknown wallets, meaning that they were likely to have been self-custodial addresses.

As mentioned before, it’s hard to infer anything from moves like these, as they can have any underlying reason, ranging from something as simple as a change of wallets to a peer-to-peer (P2P) sale.

The second whale transfer for the day, however, was different. Below are the details associated with this move.

XRP Exchange Inflow
Looks like this move involved a very low fee of 0.00001 XRP to go through on the network | Source: Whale Alert

This transaction, which saw the movement of 16.8 million tokens of the asset (about $58.3 million), had an unknown wallet as the sender, but on its receiving end was an address associated with cryptocurrency exchange Coinbase.

Moves of this type, where coins flow from a self-custodial wallet to a centralize exchange, are called Exchange Inflows. Generally, holders deposit their coins to these platforms when they want to make use of one of the services that they provide, which can include selling. As such, Exchange Inflows can sometimes prove to be bearish for the cryptocurrency’s price.

Related Reading

Solana

Solana Becomes The Talk Of Social Media As Price Hits $200

2 days ago

Given that the whale has made this transaction following a surge in XRP, it’s possible that profit-taking may have been the motive behind it.

XRP Price

At the time of writing, XRP is trading around $3.27, up over 9% in the last week.

XRP Price Chart
The trend in the asset’s price over the last five days | Source: XRPUSDT on TradingView
Featured image from Dall-E, whale-alert.io, chart from TradingView.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP

XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65

XRP has entered a period of quiet movement following its rally last week that pushed its price to new all-time...

Scott Matherson 18 hours ago
XRP price news

Analyst Reveals The Real Reason XRP Price Crashed Yesterday

An abrupt XRP sell‑off by more than -15% on 23 July was driven overwhelmingly by aggressive market selling on South...

Jake Simmons 1 day ago
ripple youtube

Η Ripple κρούει τον κώδωνα του κινδύνου για απάτες στο YouTube – Τι να προσέξετε

Η ανοδική πορεία της αγοράς κρυπτονομισμάτων φαίνεται πως δεν προσελκύει μόνο επενδυτικό ενδιαφέρον, αλλά και επιτήδειους που αναζητούν τρόπους να...

Ιωάννης Ριζόπουλος 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP vs Solana ETF news

XRP Vs. Solana: Experts Predict Which Spot ETF Will Lead Inflows

Jake Simmons 9 hours ago
XRP price news

Cup And Saucer Pattern Says XRP Price Rally Is Not Done

Scott Matherson 11 hours ago
XRP & Dogecoin Crypto

Crypto Liquidations Near $1 Billion As XRP, Dogecoin Crash 10%

Keshav Verma 17 hours ago

Premium Sponsors

Press Releases

  • トランプ氏の市場活性化で注目集める次世代仮想通貨プレセールの急騰

    ...

    60 minutes ago
  • 仮想通貨おすすめ:2010年のビットコインのような人生を変えるリターンを期待できる次世代ビットコインレイヤー2プロジェクトとは?

    ...

    1 hour ago
  • Top 3 Các Đồng Coin Tiềm Năng Nổi Bật Nhất Năm 2025 – Cơ Hội Tăng Trưởng Bền Vững

    Top 3 Các Đồng Coin Tiềm Năng Nổi Bật Nhất...

    1 hour ago
  • StrategyがSTRC株価を20億ドルに押し上げビットコイン買収へ:新しい仮想通貨の急成長に注目

    ...

    1 hour ago
  • 仮想通貨おすすめ:XRP調整局面で新興BTCレイヤー2が注目集める

    ...

    2 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.