Whale Alert reported three major transactions of Stellar (XLM) in five minutes, totaling 245 million XLM, worth over 57 million USD. The last transaction involved a transfer to dead wallets, raising speculation about potential market sentiment.
As of now, Stellar (XLM) trades at approximately 0.2354 USD, declining by 2.2% in 24 hours. The unknown motivations behind these transfers may heighten fears of a sell-off in the market.
Leave a Reply