$13 Million Worth of Stellar [XLM] on the Move in Last 24-hrs while Testnet Reset Pushed Back to Feb 27

$13 Million Worth of Stellar [XLM] on the Move in Last 24-hrs while Testnet Reset Pushed Back to Feb 27

Stellar is currently in the red by over 3 percent at $0.0846 while about $13.2 million worth of XLM are on the move. Meanwhile, Stellar Testnet has been pushed back from January 30 to February 27, 2019.

Whales are on the move!

Crypto whales seem to be on the move as a huge amount of Stellar Lumens (XLM) are being moved from unknown wallets to other unknown wallets and to exchanges. In a total, about $13.2 million worth of XLM in the last 24-hours.

About $1 million these has been sent to exchanges while the rest have been moved to unknown wallets.

According to whale alert:

  • 68,819,286 XLM (6,037,710 USD) transferred from Unknown wallet to Unknown wallet
  • 45,879,524 XLM (4,025,140 USD) transferred from Unknown wallet to Unknown wallet
  • 22,939,761 XLM (2,012,570 USD) transferred from Unknown wallet to Unknown wallet
  • 7,000,000 XLM (599,772 USD) transferred from Unknown wallet to Binance
  • 6,000,000 XLM (502,495 USD) transferred from Unknown wallet to Bitfinex

Stellar Testnet Pushed Back to February 27

Stellar Org took to Twitter to share that Testnet Reset that was scheduled for January 30, 2019, has been now pushed back to late February.

The announcement made by Johnny Goodnow, Director of Development Engagement at Stellar Development Foundation reads, “We’ve decided to push back our testnet reset to February 27th, 2019 in order to allow us more time to build in warnings to the reset date within Stellar’s developer tools (Horizon, Friendbot, etc.). We’ll continue to remind developers as we get closer to the date, and we’ll post the corresponding Github issues tracking these enhancements here for those interested.”

Stellar enthusiasts replied in appreciation as one did here,

“I like that you were communicative about this pushback. It really bolsters confidence when communication happens such as this instance.”

And another one,

“Been a fan of Steller since 2017 and been loading up at every price below .20 cent great project.”

However, other crypto fans weren’t appreciative and an XRP enthusiast took a shot with, “Stellar is still only running Testnets??” While another one, “It’s okay, there’s plenty going on over at TRON.”

At the time of writing, Stellar has been trading at $0.0846 with 24-hours loss of 3.45 percent, incurring biggest losses among the top cryptos.

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$13 Million Worth of Stellar [XLM] on the Move in Last 24-hrs while Testnet Reset Pushed Back to Feb 27
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$13 Million Worth of Stellar [XLM] on the Move in Last 24-hrs while Testnet Reset Pushed Back to Feb 27
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Stellar is currently in the red by over 3 percent at $0.0846 while about $13.2 million worth of XLM are on the move. Meanwhile, Stellar Testnet has been pushed back from January 30 to February 27, 2019.
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Anjali Tyagi 440 Articles

Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.

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