Crypto whales continue to transfer massive amounts of XRP, while the market is suffering from a sell-off
As reported by major crypto tracking service Whale Alert, in the past 24 hours, approximately 270 million Ripple-affiliated XRP coins were liquidated. The transaction was made between wallets marked “unknown” by the above source.
Staggering amount of XRP on the move
The transacted amount of XRP was equal to $97,775,558 in fiat at the time when the transfer was made – about 22 hours ago.
Meanwhile, the crypto selloff that started earlier this week on news that the Fed will hike interest rates again continues. XRP has fallen 9.72 percent since Wednesday. Ethereum is currently trading again below the $1,200 level. Bitcoin has declined below $17,000.
At the moment, XRP is striving to hold above the $0.35 level, exchanging hands at $0.35334 on the Bitstamp crypto exchange.
Cardano founder distances himself from XRP
As covered by U.Today, Charles Hoskinson, the founder of Input Output Global, which built Cardano, said in a recent video on YouTube that from now on he will not participate in any discussion related to Ripple or the XRP token. will not have. Related to this. Neither will he answer any questions on them nor will he share his opinion about them.
It happened after the XRP army started harassing him and accusing him of lying after December 15. This is the date, which he mentioned in a recent AMA, stating that he had heard rumors about the Ripple-SEC lawsuit to be resolved on that day.
This was not the first time the XRP army started trolling and abusing Hoskinson. This fall he already said once that he doesn’t want to get involved in any Ripple or XRP discussions. Now once again he has distanced himself from it.
