U.Today - A staggering 30.8 million tokens, equivalent to $15.2 million were recently transferred from an unknown wallet to Bitstamp, one of the leading cryptocurrency exchanges, according to Whale Alert, a platform that tracks and reports significant crypto transactions.
Recent flurry of XRP activity to Bitstamp
This recent transaction is not an isolated event. Over the past few weeks, has witnessed a consistent influx of XRP tokens from unknown wallets.On Oct. 17th, the exchange received 30 million XRP valued at approximately $14.9 million. Just two days before that, on Oct. 15, there was another notable transfer of 30.2 million XRP, totaling around $14.7 million.
Earlier in the month, Bitstamp's wallets swelled with transactions on Oct. 9, 12, and 11, each bringing in more than 30 million XRP, with respective values ranging between $15 million and $15.2 million.
XRP's price performance remains steady
After these substantial transfers, XRP's price keeps hovering just below the half-dollar mark, currently standing at $0.492205, according to CoinGecko .Over the last 24 hours, the cryptocurrency has seen a minor uptick of 0.2%, while its equivalent declined by 1.7%.
With a market capitalization of over $26 billion and a 24-hour trading volume nearing $803 million, remains one of the most popular cryptocurrencies.
The ongoing activity and stable price suggest a balanced market sentiment, with investors keeping a keen eye on further developments.