Check out the top three news stories from the last day of June presented to you by U.Today.
Mysterious 640,000,000 XRP transfer explodes XRP army, Here’s what really happened
According toX posts by Whale Alert from June 30,three massive transfers moved a total of 640 million XRP worth nearly $1.5 billion cumulatively. The transfers took place between two unknown wallets; one huge XRP lump carried 320,000,000 XRP worth $703,517,724, and two transfers— 160,000,000 XRP each, valued at $351,678,691 and $351,651,005. These massive XRP transfers ignited speculations among the crypto community, with many questioning their nature; some believe these were whales that went on XRP accumulation spree. However, the origin of these transactions were revealed by a@XRPwallets X account; SBI, Ripple’s main partner in Japan, used its SBI VC Trade exchange to transfer 320 million XRP in two separate transactions of 160 million XRP each. According to XRPscan, these XRP lumps were transferred to an anonymous wallet ending in -QjNRCZ.
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Saylor’s Strategy moves $796 million in Bitcoin
Data provided by Lookonchain analytics platform shows that on Sunday, June 29, Strategy transferred nearly $796 million to three new wallets. The purpose of the move is likely the improvement of the asset's security and management. At the moment, considering Strategy'smost recent purchase of 4,980 BTC made yesterday, the company is holding 597,325 BTC, slowly but surely approaching the 600,000 BTC milestone. MicroStrategy cofounder Michael Saylor has repeatedly opposed the idea of selling Bitcoin, emphasizing its importance as "the exit strategy."As reported by U.Today, Saylor stated in a recent interview that the Bitcoin community would go "ballistic" if he decided to sell BTC. "They would never trust us ever again," he added. At press time, BTC is trading at $105,747, down 1.02% over the past 24 hours, per CoinMarketCap.
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Shiba Inu regains 100 trillion mark; What's next now?
Shiba Inu has recently reached a key psychological and on-chain milestoneby crossing the 100 trillion SHIB profitability threshold. According to IntoTheBlock data, nearly 100.54 trillion SHIB tokens, worth about $1.16 at current prices, are now "in the money," signaling renewed investor optimism. This comeback follows SHIB's brief dip below the 100 trillion SHIB profitability level during last week's market sell-off, which was driven by overall crypto volatility and reduced whale activity. The resurgence past the 100 trillion SHIB profitably threshold could indicate that accumulation is picking up again, especially as SHIB regains some of its earlier gains. Over the weekend, SHIB saw a modest rise from a low of $0.00001106 before retreating slightly early Monday, currently trading at around $0.0000117. A break above the 50 and 200-day moving averages around $0.000013 and $0.0000156 could trigger a move toward $0.00002.
