Another huge transaction today appeared on XRPL Monitor official Twitter account. Somebody has just bought 288.000.000 XRP, from an address that, before the transaction, owned 888,862,802.25795 XRP.
Transaction Type: Payment
Amount: 288,000,000 XRP
Fee: 5,000 drops (0.005 XRP)
Sender: rDahLhHJaowRYn4hRkS9S2YpAeiTR8mjBF
Sender Balance: 600,862,802.25295
Receiver: r4FZaGzZcrJ3D8CJpd6d2qrnT4jWX4hJND
Receiver Balance: 288,000,084.97651
Link: https://t.co/AbuwuXZLfK— XRPL Monitor (@XRPL_Monitor) 19 gennaio 2018
About this transaction XRPL Monitor does not show the name of the sender and the recipient, as for example in the case of Coincheck, but the most likely explanation is that some other big exchange with the address still unknown is accumulating a large amount of coins. Normal administration or maybe it could be the case to stock XRP waiting for the spike? Those who during the market crash had the courage and foresight to buy other coins, could soon find themselves with a much higher value than a few days ago.
