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  • Crypto Whales Move Millions in XRP, Plus Bitcoin, Ethereum, Tron, Ripple, Litecoin, Bitcoin Cash, IOTA: Crypto News Flash

Crypto Whales Move Millions in XRP, Plus Bitcoin, Ethereum, Tron, Ripple, Litecoin, Bitcoin Cash, IOTA: Crypto News Flash

December 27, 2018

From a trio of XRP whales on the move to a new milestone for the Bitcoin Lightning Network, here’s a look at some of the stories breaking in the world of crypto.

Ripple and XRP

Crypto whale watchers are monitoring a trio of huge XRP transfers.

A few hours ago, someone moved 90,000,000 XRP worth $33.5 million from one unknown wallet to another. Soon after, another 30,000,000 XRP worth $11 million moved between two unknown wallets.

Neither batch appears to be headed to an exchange.

That’s not the case for another batch of 51,317,796 XRP that was sent on Friday. That transfer, worth about $22.3 million, was sent to Bitstamp, which indicates it could be a trader preparing to sell.

Ripple, which regularly sells large amounts of the XRP it owns, does not appear to be involved in any of the transfers, according to Whale Alert.

? 30,000,000 #XRP (11,001,663 USD) transferred from Unknown wallet to Unknown wallet

Tx: https://t.co/ZdAbWjxSgm

— Whale Alert (@whale_alert) December 27, 2018

? ? ? 90,000,000 #XRP (33,493,911 USD) transferred from Unknown wallet to Unknown wallet

Tx: https://t.co/lvhaafkjmH

— Whale Alert (@whale_alert) December 27, 2018

? ? 51,317,796 #XRP (22,301,662 USD) transferred from Unknown wallet to #Bitstamp

Tx: https://t.co/DmLRdXldGf

— Whale Alert (@whale_alert) December 24, 2018

Apart from these three big transfers and Coinbase’s recent transfer of a whopping $5 billion in crypto, year-end whales have been relatively quiet.

Bitcoin

The capacity of the Bitcoin Lightning Network (LN) is rising.

New stats from 1ML show the total capacity of the network is now just over 500 BTC, or nearly $2 million. The number of new nodes is also up 32, roughly 68% within the past 24 hours.

Ethereum

The team at Amberdata has compiled a comprehensive review of Ethereum’s progress in 2018.

Key highlights

  • 239,564,725 total transactions this year

  • 52,151,774 addresses

  • 10,834,165 smart contracts

  • 75,289 total tokens of which 74,330 are ERC20 tokens

  • 1,201 non-fungible tokens

  • CryptoKitties topped list of non-fungible tokens

  • Ethermine topped list of mining pools

You can check out the full Amberdata report here.

Tron

MediShares has released a new overview of the Tron ecosystem. The image highlights a number of DApps on the Tron network, including games, exchanges and more.

IOTA, Litecoin, Bitcoin Cash, NEO, Dash

The Next Web’s Hard Fork is releasing its yearly crypto reviews. You can check out their reviews for IOTA, Litecoin, Bitcoin Cash, NEO and Dash.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.