A large transaction involving XRP has simply occurred as per the well-known blockchain transaction monitoring platform Whale Alert. As per the report, a staggering quantity of 20 million XRP has been transferred to the well-known cryptocurrency change Bithumb from an unknown cryptocurrency pockets. Reportedly, the transaction occurred a number of hours in the past on the 13th of Might.
$50 Million Value Of XRP Simply Transferred To Bithumb
The switch is huge because it carried 20,000,000 XRP cash. The whole price of those XRP cash transferred to the Bithumb digital foreign money change from the unknown pockets is round $50 million.
🚨 🚨 🚨 20,000,000 #XRP (50,123,331 USD) transferred from unknown pockets to #Bithumbhttps://t.co/I3B56cw7j4
— Whale Alert (@whale_alert) May 13, 2025
This transaction has occurred because of the fluctuation value actions proven by the fourth largest digital foreign money over the course of the previous few weeks. Bithumb is the second largest digital foreign money change in South Korea and such a large switch to this main crypto change has arisen hypothesis within the cryptocurrency neighborhood. Some consider that it is perhaps a nice paid to the US Securities and Alternate Fee.
The pockets addresses of each sender’s and receiver’s which have been used on this switch belong to the Bithumb change. A complete of greater than $1.5 billion XRP remains to be current within the pockets of the sender.
A Crypto Whale Makes $7.5 Million Revenue On XRP
As the worth worth of XRP has elevated over the course of the previous few days, an unknown cryptocurrency whale has earned a staggering revenue from this rise within the value worth of XRP.
The crypto whale was buying and selling lengthy on the 2 main cryptocurrencies Ethereum (ETH) and XRP and has earned an quantity of almost $8 million in revenue, as per knowledge shared by well-known blockchain analytics platform Lookonchain. The whale has to shut its lengthy positions on ETH and XRP after locking the revenue because the market began pulling again.
