One of the richest bitcoin wallets of all time has gone into action, carrying hundreds of millions of dollars worth of BTC. Huge ripple whales also appeared.
One of the richest bitcoin wallets of all time is on the move
A BTC fortune is on the move as one of the richest wallets of all time launches a transfer of hundreds of millions of dollars. The unnamed whale activated 15,987 Bitcoins worth $166 million and paid just $23.46 for the transaction. The transaction was initially detected by the automated blockchain tracker known as the Bitcoin Block Bot.
According to the latest Blockchain data, whale moved cryptocurrencies to two separate addresses. The wallet, which sends 15,987 BTC, is the 45th that exists on the market, according to BitInfoCharts. the biggest wallet. The second purse received just over a tenth of the BTC. BitInfoCharts also reveals that the whale created the wallet in question on July 14. Whale began receiving significant amounts of BTC on July 27 to have 0.1% of all existing BTC.
Huge ripple whales appear: hundreds of millions of XRP moved!
It is possible that the whale is a crypto officer or institution that looks after crypto assets purchased by its customers. The business owner can move the BTC to a large number of addresses to make sure it is safe. However, none of the addresses involved have known connections to crypto companies. There is also no indication that BTC was sent to any known crypto exchange address where it could be sold and traded. Ripple, meanwhile, has been busy over the past few days, transferring 191 million XRP worth $ 46.7 million.
According to XRP researcher Bithomp, Ripple carried 74.6 million XRP worth $ 18.2 million on September 25 and then moved 25.39 million XRP worth $6.3 million to Ripple (OTC) wallet on the same day. The San Francisco startup is transferring XRP to an OTC wallet to access liquidity and fund operating expenses or investments. Ripple can move that XRP to manage its XRP assets. The payment company owns more than half of all XRP in circulation. Here are details of other XRP transactions:
- Ripple sent 74.6 million XRP’s worth $18.2 million to a wallet belonging to ripple.
- Ripple sent 16.5 million XRP’s worth $4 million to a wallet belonging to ripple.