Tuesday, May 30, 2023
No Result
View All Result
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
No Result
View All Result
Home Cryptocurrency

XRP Network Sees a Sharp Rise in Trading Volume on Friday

Updates Finance by Updates Finance
July 16, 2022
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Binance’s CZ dispels FUD, speculates on next big crypto trend in new interview

Crypto Exchange BKEX Suspends Withdrawal to Aid Money Laundering Probe

Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead?

Santiment, an on-chain analytics platform, recently highlighted a significant surge in trading activity across the XRP network. On Friday, XRP trading volume reached 18.7 billion after a major boost in activity during the late hours of the day.

Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

“XRP Network saw a major anomaly to end the week, with a rapid surge up to 18.7B in XRP trading volume in the final hour of Friday (UTC time). This may be worth monitoring for some unordinary upcoming weekend price action,” Santiment noted.

Yesterday, a substantial rise in whale activity was observed across the XRP network. A prominent crypto address transferred 50 million coins worth over $16.6 million from an unknown wallet to Bitstamp. According to Whale Alert, the mentioned transfer was executed on 15 July at around 22:27 UTC.

In a separate whale move on Friday, 40 million XRP coins were transferred from an unknown wallet to Bitso. The total value of the move stood at $13 million. Overall, 15 July was one of the most active days for the XRP network.

Keep Reading

XRP’s Price Action

Due to the latest crypto winter, XRP saw a major decline in its value as the price lost nearly 60% of its worth in the past six months. However, the world’s 7th largest crypto asset showed some resistance in the past 30 days. As a result, the digital asset is up by almost 6% in the last 4 weeks, compared to a dip of approximately 5% in Bitcoin.

On 16 June 2022, a crypto address moved almost 150 million XRP from Bithumb to an unknown wallet.

https://www.highcpmrevenuenetwork.com/yjx9n4xz?key=2ae113e708965368d7206a42df6559d1

Santiment, an on-chain analytics platform, recently highlighted a significant surge in trading activity across the XRP network. On Friday, XRP trading volume reached 18.7 billion after a major boost in activity during the late hours of the day.

“XRP Network saw a major anomaly to end the week, with a rapid surge up to 18.7B in XRP trading volume in the final hour of Friday (UTC time). This may be worth monitoring for some unordinary upcoming weekend price action,” Santiment noted.

Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

Yesterday, a substantial rise in whale activity was observed across the XRP network. A prominent crypto address transferred 50 million coins worth over $16.6 million from an unknown wallet to Bitstamp. According to Whale Alert, the mentioned transfer was executed on 15 July at around 22:27 UTC.

In a separate whale move on Friday, 40 million XRP coins were transferred from an unknown wallet to Bitso. The total value of the move stood at $13 million. Overall, 15 July was one of the most active days for the XRP network.

Keep Reading

XRP’s Price Action

Due to the latest crypto winter, XRP saw a major decline in its value as the price lost nearly 60% of its worth in the past six months. However, the world’s 7th largest crypto asset showed some resistance in the past 30 days. As a result, the digital asset is up by almost 6% in the last 4 weeks, compared to a dip of approximately 5% in Bitcoin.

On 16 June 2022, a crypto address moved almost 150 million XRP from Bithumb to an unknown wallet.





Source link

Tags: FridayNetworkRiseSeessharpTradingvolumeXRP
Share30Tweet19
Updates Finance

Updates Finance

Recommended For You

Binance’s CZ dispels FUD, speculates on next big crypto trend in new interview

by Updates Finance
May 29, 2023
0

Binance CEO Changpeng Zhao commented on the state of the crypto industry and market during an interview with Bankless on May 29.Zhao dispels FUDFirst, Zhao discussed recent controversies...

Read more

Crypto Exchange BKEX Suspends Withdrawal to Aid Money Laundering Probe

by Updates Finance
May 29, 2023
0

Cryptocurrency exchange BKEX has frozen customer withdrawal on its platform to cooperate with police investigation into alleged money laundering by some of its users. The exchange on Monday...

Read more

Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead?

by Updates Finance
May 29, 2023
0

EOS Network, a popular open-source blockchain platform prioritizing high performance and security, has recently witnessed a sharp price decline. The asset exhibits bearish sentiment in the 30-Day timeframe. ...

Read more

Russia backtracks from plan to create national crypto exchange

by Updates Finance
May 29, 2023
0

Russia is no longer moving forward with its plans to create a national crypto exchange. Instead, it will focus on formulating rules that will allow private companies to...

Read more

Temasek’s $275M Crypto Blunder Cuts Management Pay

by Updates Finance
May 29, 2023
0

The investment firm Temasek Holdings Pte, which invested $275 million in the cryptocurrency exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives,...

Read more
Next Post

4 Clues to Help You Identify Someone With Real Emotional Intelligence

Related News

kalyan jewellers share price: Hot Stocks: HSBC initiates coverage on Kalyan Jewellers; Macquarie sees 30% downside in Bajaj Finance

October 6, 2022

How Apple is improving Mac device management in macOS 13

August 30, 2022

Hotspots: July 2022’s Top Trends Observations

August 3, 2022

Browse by Category

  • 1Win Casino
  • blog
  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Mostbet Casino
  • Mostbet kazinosu
  • Mostbet kumarhanesi
  • Online Dating
  • Personal Finance
  • Retirement
  • Startups
  • Technology
  • Uncategorized

Get the latest Financial news on updatesfinance.com. Business news, Economy news, Investing news, Personal Finance and more.

CATEGORIES

  • 1Win Casino
  • blog
  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Mostbet Casino
  • Mostbet kazinosu
  • Mostbet kumarhanesi
  • Online Dating
  • Personal Finance
  • Retirement
  • Startups
  • Technology
  • Uncategorized

Recent News

  • ICICI Lombard: ICICI Bank to raise stake in ICICI Lombard
  • Startup investment culture in Gujarat needs to improve: Experts

Copyright © 2022 - Updates Finance..

No Result
View All Result
  • Home
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Updates Finance..

https://www.highcpmrevenuenetwork.com/yjx9n4xz?key=2ae113e708965368d7206a42df6559d1 https://www.videosprofitnetwork.com/watch.xml?key=23dd8a3bb9168e7b5f33ef2b66f1a432
https://www.videosprofitnetwork.com/watch.xml?key=23dd8a3bb9168e7b5f33ef2b66f1a432 https://www.highcpmrevenuenetwork.com/yjx9n4xz?key=2ae113e708965368d7206a42df6559d1
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?