How does the 75 million transfer provide the price of XRP? This is detailed…

Alonzo

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Crypto News Squad
Jul 16, 2023
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”altcoin-news”

How does the 75 million transfer provide the price of XRP? This is detailed…



According to the latest information provided by blockchain analysis firm Whale Alert, 75 million worth of XRP tokens were transferred for a short time. This means that it is a good transfer, cryptocurrencies can be purchased without breaking the upper part of the XRP price. The price of the altcoin, which has had several bearish declines over the last few months, is up 3.5 percent in the last 24 hours. The altcoin, which reached a speed of $ 0.65 with an upward momentum and started to decline in this region, has been following a fluctuating course since the early trading hours of the day.

XRP whales mobilized the price!


ripple Labs cryptocurrency The altcoin, whose price is $ 0.57, became the center of attention again after the transfers on Friday, March 22 and started to rise.

The whale transactions, which created speculative effects on the price, took place between cex and upbit, the South Korean crypto exchange founded in 2017. You can use 30 million tokens, 22 million tokens and 23 million XRP tokens by shifting them to bitstamp and bitso. After payment with the r3ow tag, tokens are quickly distributed to different targets. After this transfer, XRP became the third largest asset on the Upbit exchange.


Although it is not known which transactions were made in these multi-million token transfers, the transaction had a positive impact on the price of the altcoin and the liberalization of the altcoin decline, which had been a complicated process for a long time, started to work.

XRP price analysis: Altcoin begins to recover


The token, which was mixed in a publication, has fluctuated between $0.57 and $0.66, showing some recovery in the last 7 days. After the last big transfers, there was a 7.7 percent explosion in the transaction volume, which partially compensated for the decline in the current trend. It is thought that the asset can attract more investors according to the new money inflow and increasing transaction volume, especially considering the rate of 0.03%, which has managed to follow a general trend according to the decreases in general cryptocurrency declines.

XRP technology price chart

You can buy 6 current products worth 2,715,751,821 dollars. According to the coin in the technical buy zone, 1 work is moving towards the short-term target with increased interest and activity following Upbit transactions.

This also applies to the art and halving of XRP coins. Because the upcoming Bitcoin halving event is expected to trigger altcoin growth momentum. Additionally, this event may pave the way for the emergence and greatness of the advanced projector in the field of mining. The project is based on Bitcoin Minetrix and the system is available on Binance‘s own listing.

Visit Bitcoin Minetrix​

The Bitcoin Minetrix project, which carries BTC mining to the cloud platform and thus offers transparent and safe use against the monopolization problem in traditional mining, is still in the pre-sale phase and can be purchased at low prices. Current sales price $0.0142 just as you can use ETH and USDT to get the art you want to use tokens for, you can also use ETH and USDT to get the information you need.

change​



The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.





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