- Whale Alert spotted a transfer of 32,078,901 XRP to Bithumb from an unknown wallet.
- The transaction happened at 05:15:10 UTC on Wednesday, November 29, according to Whale Alert.
- TradingView data shows XRP is approaching a breakout from a symmetrical triangle on the daily chart.
Whale Alert, blockchain tracker and analytics system for reporting whale crypto transactions, reported that an XRP holder recently transferred 32,078,901 XRP, equivalent to $19,557,285, from an unknown wallet to the Bithumb crypto exchange. Transactions of such magnitude are considered whale transactions and are usually suspected to be intentional.
32,078,901 #XRP (19,557,285 USD) transferred from unknown wallet to #Bithumbhttps://t.co/LpM9fKhvZW— Whale Alert (@whale_alert) November 29, 2023
Notably, the transaction’s details on Whale Alert’s platform show it happened at 05:15:10 UTC on Wednesday, November 29. At the time, the XRP/USD price reflected minimal volatility as it traded sideways and was approaching a breakout from a symmetrical triangle on the daily chart, according to data from TradingView.
XRPUSD Daily Chart on TradingView
From a historical perspective, cr…
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