[ad_1]
The cryptocurrency industry has gone through many in recent months, considering all price actions and the way the bear market has destroyed some of the biggest assets and alt-chips. Ripple (XRP) seems to have been constantly in the media, both for good and bad activities.
One of the highlights of the Ripple blockchain has to do with the almost instant transaction speed. This speed was useful Wednesday afternoon, when 40 million XRPs were transferred to a rather remarkable person's account – Jed McCaleb.
Transaction type: payment
Quantity: 40.987.588.71 XRP
Rate: 12 drops (0,000012 XRP)
Sender: r4LxkCUXYTCUgwquN3BnsUxFacoVLjGFyF
Sender balance: 131.004.258.994122
Receiver: rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv
Receiver balance: 69,689,385,871455
Link: https://t.co/tBIi1KlTrw– XRPL Monitor (@XRPL_Monitor) November 7, 2018
Many XRP investors are probably familiar with Jed McCaleb, considering that he was previously a Ripple executive. No one really knows why he received such a high sum, but there are suggestions that the co-founders are working on something new.
As soon as the funds were exceeded, the Ripple community started talking about the two factors that stood out most: the uniqueness of the transaction and the high amount of XRP it uses. The transaction cost less than a cent and it did not take long for a user to identify the portfolio as McCaleb's. Another user suggested that this action is a pump and dump scheme.
There are many reasons why this transaction may have taken place. Some have suggested that Ripple might be for a new venture, while others believed it could be a way to show how little their cost was. So far, there are only theories and facts, and the facts are quite simple.
The receiver is, in fact, Jed McCaleb, current owner of Stellar, creator of Monte. Gox exchange and former Ripple executive. The sources believe that the sender is Ripple, even if the question remains: why do these two co-founders exchange funds? Strangely enough, it's not the first time. Three months ago, another $ 2.3 billion of XRP has been moved between the two parties.
In the days ahead, it will be important to ask consumers to observe the actions of both McCaleb and Ripple on social media as the situation unfolds. As of 20:30 PST, XRP has seen a loss of 4.11% in the last 24 hours, but is trading at $ 0.512020. The current market capitalization is $ 20,586,042,847.
[ad_2]Source link
