{"id":399265,"date":"2019-09-30T20:00:48","date_gmt":"2019-09-30T20:00:48","guid":{"rendered":"https:\/\/wncen.com\/?p=399265"},"modified":"2019-10-01T14:07:52","modified_gmt":"2019-10-01T14:07:52","slug":"ripple-sends-15-3-million-xrp-to-trading-address-is-a-dump-for-the-crypto-incoming","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-sends-15-3-million-xrp-to-trading-address-is-a-dump-for-the-crypto-incoming\/","title":{"rendered":"Ripple Sends $15.3 Million XRP to Trading Address, Is a Dump for the Crypto Incoming?"},"content":{"rendered":"

Ripple, the company behind the XRP crypto asset, has reportedly just moved around $15.3 million worth of the digital currency to a wallet associated with over-the-counter sales. The news could be a sign that the firm is planning to dump yet more of its XRP tokens on the market.<\/p>\n

Ripple is by far the largest holder of XRP. It has a history of selling its own holdings, much to the chagrin of other XRP holders.<\/p>\n

Is Ripple Planning to Sell Another 60,000,000 XRP?<\/h2>\n

As usual, the news of the large XRP transfer was reported by WhaleAlert, a Twitter<\/a> account documenting the biggest transfers taking place on different blockchain<\/a>-based currencies.<\/p>\n

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\ud83d\udea8 60,000,000 #XRP<\/a> (15,351,840 USD) transferred from Ripple to Ripple OTC Distribution wallet<\/p>\n

Tx: https:\/\/t.co\/0SjbbwZAvp<\/a><\/p>\n

— Whale Alert (@whale_alert) September 30, 2019<\/a><\/p><\/blockquote>\n