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Showing posts with the label cryptocurrency transfer

55 Million XRP Transfer Hits Ripple Wallet: What's Happening?

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A massive XRP 55 million transfer worth approximately $55.9 million just landed in a Ripple-controlled wallet, and right now traders are scrambling to figure out what it means. On October 6, 2025, at 04:24:11 UTC, exactly 18,744,800 XRP moved from an unknown address straight into one of Ripple’s main wallets. This Ripple XRP transfer wasn’t subtle at all, and the crypto community is watching closely to see if this XRP 55 million transfer signals something bigger coming down the pipeline. Also Read: Market Expert Sounds Alarm for XRP Holders: ‘You’re Being Tricked’ Ripple XRP Transfer Sparks Speculation on 55 Million Move and Price Trends Source: CoinDesk The Transaction Details The XRP Ledger recorded the XRP transfer under transaction hash 45256F36C280F87657FDF159BA6EC3C6B79… with a standard network fee of just 0.0005 XRP. At the time of the transaction, XRP was trading at around $2.9797, which put the total Ripple XRP transfer value at roughly $55.86 million. Blockchain ex...

SpaceX just moved over $150 million in Bitcoin

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After more than three years of inactivity in the crypto market, SpaceX broke the silence with a monster move on July 22. According to blockchain analytics platform Arkham Intelligence , a wallet owned by Elon Musk’s company moved 1,308 Bitcoin (BTC), worth around $153 million, from Coinbase to a fresh address. The motivation behind the transfer is still unclear, and no further moves have been spotted, although it is clear there was no change in SpaceX’s net holdings. As reported by Arkham , the aerospace giant still holds 6,977 BTC, valued at approximately $815 million. SpaceX BTC moves. Source: Arkham What are Elon Musk’s Bitcoin plans? With the receiving address still inactive, it appears the move could merely indicate a routine wallet reshuffle. However, given Musk’s influence on the market, some speculate the transfer might result in major price movements. The speculations are justified as the transaction makes it clear that SpaceX held a signif...