CRYPTO WHALES MOVED $130M WORTH OF DOGE AND XRP! SAY WHAAAAT?

If you’re new to the Crypto Devo blog posts you’re probably reading the headlines right now and wondering ….. What’s a crypto whale? What’s Doge? What’s XRP? so, let’s discuss!

A crypto whale is someone (or an organization) who owns large amounts of cryptocurrency. The issue with this is that whales can manipulate the market with their massive wealth.😳 Someone is considered a crypto whale if they own 1,000 Bitcoin or more. Today, 1 BTC sells at $20,275 (for one coin). So a crypto whale would have about $20M worth of cryptocurrency.

Next, let’s deal with DOGE and XRP. They are both crypto coins. DOGE is the ticker symbol for DOGECOIN and XRP is the symbol for Ripple. So when I read that crypto whales moved over $130 million worth of DOGE and XRP this week I had to investigate, lol! What I found out is that an unknown wallet sent $150M worth of DOGE to another unknown wallet 2 days ago (according to Whale Alert, a blockchain-tracking platform).

And as if that’s not enough, a half hour later a third unknown wallet sent 300 million DOGE (worth more than $41.8 million) to a fourth unknown wallet!👀 As well, the XRP whales were also on the move, and yet another unknown wallet sent $28M worth of XRP to crypto exchange Bitstamp! But wait …. there’s more!😳 A few seconds after that deposit, Bitstamp then sent a separate unknown wallet with more than 60.9 million XRP worth more than $28.4 million!

Turns out that Bitstamp was not the only exchange dealing with large amounts of XRP this week. Another unknown wallet sent 30 million XRP worth more than $13.88 million to the Mexican crypto exchange BITSO. Something’s happening with cryptocurrency changing hands and changing exchange platforms, and even if we don’t have all the details, what we do have, is FAITH! That’s how we live, the just shall live by faith!

So we will stand in faith and believe God that what we need to know will rise up in our spirits right on time! I’ll see you for Friday flashback tomorrow! Peace!✌🏾

Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.