Whales Chasing This Altcoin: The Company Adds The O 7! - Coinleaks
Current Date:September 21, 2024

Whales Chasing This Altcoin: The Company Adds The O 7!

Whale watching platform WhaleStats shared that Ripple (XRP) has become popular among BSC whales. In addition, luxury fashion giant Farfetch Ltd has formed a partnership with the Lunu platform. In this context, Farfetch will accept Bitcoin and some altcoin projects as payment.

XRP becomes the most sought-after altcoin by BSC whales

On-chain data tracker WhaleStats shared in a recent tweet that the XRP-BSC token has become popular among BSC whales . Also, the altcoin project has turned into the number one most bought digital asset. Meanwhile, Whale Alert detected around 313 million XRP tokens swiped between exchanges and anonymous wallets.

Additionally, the WhaleStats team found that the wrapped XRP token on BNB Blockchain has entered the top 10 list of purchased digital currencies in the last 24 hours.

Moreover, XRP-BSC is at the top of this list. BNB, the native token of the Binance exchange, is in third place, while ETH is in fourth place. XRP also ranked third after AVAX and MATIC in the top 10 cryptocurrencies by trading volume.

Currently, the top 100 BSC whales are holding $18,797,500 worth of XRP. This accounts for 1.53% of their resulting portfolios.

313 million XRP in motion

Another crypto platform that monitors large crypto transactions, Whale Alert has also made some detections for XRR. Whale Alert has found that in the past 24 hours, about a third of a billion XRP has been transferred between anonymous wallets and top crypto exchanges.

A total of six transactions carried 313.5 million XRP, according to data provided by Bithump, an XRP-focused monitoring service. In addition, the above-mentioned anonymous wallets belong to crypto exchanges. These exchanges mentioned are Bitso, Bittrex and FTX. The largest amount here was 74.8 million XRP swiped between the wallets of Mexico-based Bitso. Other transactions range from 40 million to 60 million.

Farfetch will soon accept BTC and some altcoin projects

Farfetch Ltd has formed a partnership with the Lunu platform. The luxury mode giant plans to introduce them to its customers in the next few months thanks to this partnership. For this, the company continues the integration of cryptocurrency payments in Europe.

Kryptokoin.com Farfetch Marketplace plans to start accepting seven digital currencies. Among these cryptocurrencies are Bitcoin, Ethereum and Binance Coin (BNB), which are the three largest cryptocurrencies by market capitalization.

Over the next few months, Farfetch will enable these payments for their private customers. In addition, the company will roll out the service to customers in the US, UK and Europe later this year. The company promises that more locations will be added for crypto payments later on.

The luxury fashion giant will realize the acceptance of digital currencies in stores thanks to the collaboration with Lunu. Lunu is a German start-up company that deals with crypto payments and provides a selling point for them. Customers will simply scan a QR code to pay.

As a trial, Farfetch’s high-end stores in the capitals of several key EU countries (Paris, London, Milan) will first accept cryptocurrencies. In addition, the company has included its retail chain Browns in this payment system.