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Whales Abruptly Transfer $282,500,000 in XRP and Polygon (MATIC) in Sequence of Large Crypto Transfers

Cryptto Moments by Cryptto Moments
February 20, 2023
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Whales Abruptly Transfer $282,500,000 in XRP and Polygon (MATIC) in Sequence of Large Crypto Transfers
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Crypto whales are out in drive as a brand new week arrives, shifting a staggering $282.5 million in XRP and Polygon (MATIC).

The crypto handle tracker Whale Alert noticed a sequence of mounting transactions within the final 36 hours.

Whales have moved XRP each to and from crypto exchanges Bitstamp and Bitso.

Right here’s an outline of the exercise, which totals $248.9 million.

  • 264,500,000 XRP value $102.0 million despatched from unknown pockets to unknown pockets
  • 244,500,000 XRP value $94.3 million despatched from unknown pockets to unknown pockets
  • 43,000,000 XRP value $16.7 million despatched from unknown pockets to Bitstamp
  • 35,000,000 XRP value $13.5 million despatched from unknown pockets to Bitstamp
  • 30,000,000 XRP value $11.6 despatched from unknown pockets to Bitstamp
  • 28,000,000 XRP value $10.8 million despatched from Bitso to unknown pockets

In the meantime, Polygon whales have moved a complete of $33.6 million, with solely one of many transactions involving centralized exchanges.

New numbers from WhaleStats present Polygon is now the fifth-largest crypto asset holding among the many 5,000 largest Ethereum whales on report.

The highest 4 are Ethereum (ETH), USD Coin (USDC), Tether (USDT) and Shiba Inu (SHIB).

XRP is at $0.39 at time of publishing, down 0.5% within the final 24 hours. MATIC is at $1.49, down 0.9% within the final day.

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