200,000,000 XRP Stan World’s biggest exchange

The well-known Blockchain Tracker Whale Alert tracks large cryptocurrency transfers and shares X handle details with its website, has discovered a massive XRP transaction targeting Binance, the world’s largest crypto exchange.

 

Almost $400 million worth of XRP is left there in one move. The crypto community was intrigued by it and shared their views on that cryptographic transfer in comments on the tweet.

 

Binance’s 200 million XRP land

The aforementioned data source reported that nearly two hours ago, it recorded a huge amount of deposits to binance from blockchain wallets that whale alerts tagged as “unknown.” The deal was powered by a 200,000,000 XRP mammoth chunk worth $355,576,574 on Fiat.

This transaction took place after XRP crashed 16.25% this morning. However, it has now rebounded and is up 8.97%. At press time, XRP changes hands at $1.76055 per coin.

This transaction sparked a heated debate in comment threads regarding the nature of this deposit. Some users believe anonymous whales are dumping XRP as the market is currently facing blood. Such a statement filled the comment space saying, “This is the dump!” “Big moves,” “Sell everything, we buy them!!!” and “They’re selling.”

However, reality has proven to be much more mediocre – the whale alert also revealed transaction details.