Metaplanet Acquires Additional 775 #Bitcoin , Bringing Total | The Crypto Basic on Binance Square

Trending Articles

Bookmarked and Liked

The Crypto Basic

--

Metaplanet Acquires Additional 775 #Bitcoin , Bringing Total Holdings to 18,888 BTC. #Crypto 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

114,180.02

-1.01%

223

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

The Crypto Basic

@The_Crypto_Basic

Explore More From Creator

“Chainlink Momentum Builds—Whale Accumulation Points to $30 Breakout”

--

“Top Analyst Warns: Without at Least 0.01 Bitcoin, You’ve Already Failed as an Investor”

--

SharpLink Gaming Acquires Additional 143,593 #ETH for $667.42M, Increasing Total Holdings to 740,760 ETH Worth $3.19B.

--

“October Brings Two Major Decisions That Could Reshape Ripple and XRP’s Path”

--

#Ripple Moves 200,000,000 XRP to Unknown Address: Here’s Where the Funds Could be Heading. Further analysis shows that the sending Ripple address was the “rBg2Fu” wallet, marked as Ripple (1) on XRPScan. At exactly 17:23 (UTC) on August 18, it moved 200,000,000 XRP, worth $606.2 million, to the receiving address “rJqiMb.” While Whale Alert suggested that the recipient was an unknown address, data from XRPScan marked the address as Ripple (50), confirming it was another Ripple-affiliated wallet. This indicates that the Monday transaction was an internal XRP move by Ripple. Notably, the firm does this for several purposes, such as to provide liquidity for its settlement venture, fund institutional deals, or merely shuffle reserves. Nonetheless, the Ripple (50) address has a history of shifting received funds to another unmarked address, “raRVLN.” This wallet has usually transferred them to Binance for possible sales. As a result, while it still holds on to the stash at the time of writing, the 200M XRP received could end up on exchanges. Meanwhile, what was more speculative about the internal shift was that it came on the back of a poor start to the week by the broader crypto market. Notably, Bitcoin dumped to $114,700 on Monday as long-term holders shifted $3.7 billion in BTC. The onslaught did not spare XRP, which briefly fell below the $3 support before rebounding to trade at $3.01 at the time of writing. Notably, XRP has now dumped 21.6% from a high of $3.66 reached on July 18. Remarkably, analysts have emphasized that XRP needs to reclaim levels between $3.30 and $3.40 or face further downsides to $2.60 or even $2. Nonetheless, there is strong support at $2.81, where 1.7 billion XRP serves as a demand wall. #Crypto

--

Latest News

BNB Drops Below 840 USDT with a Narrowed 0.44% Increase in 24 Hours

--

SharpLink Gaming Expands Ether Holdings Amid Cryptocurrency Surge

--

SkyBridge Capital to Tokenize $300 Million in Assets on Avalanche Blockchain

--

Bitcoin(BTC) Drops Below 115,000 USDT with a 0.32% Decrease in 24 Hours

--

Federal Reserve May Accelerate Rate Cuts After Powell's Term Ends

--

Trending Articles

Expert Sends Critical Message to XRP Spot Holders

BeMaster BuySmart

Don’t Buy ETH Until You Read This Breakdown Brewing at $4,200 ⚡

How I Turned $1,000 into $50,000 Using the “Liquidity Trap” Strategy

$BTC Market Update – Correction or Reversal? 📊

🚨🚨SOLANA (SOL) UPDATE – 19 AUGUST 2025🚨🚨

Cookie Preferences

Cookie Preferences