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Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Btceth01 on May 19, 2021, 08:20:08 PM

Title: $184 million worth of XRP on the move
Post by: Btceth01 on May 19, 2021, 08:20:08 PM
According to blockchain platform Whale Alert that tracks large movements of cryptocurrencies, in the past twenty hours over 126 million XRP has been transferred on the XRP ledger by Ripple and several digital trading platforms, including crypto custody company BitGo.According to the tweets posted by Whale Alert, over the past twenty hours, several crypto trading companies have made around half a dozen transactions, shifting a staggering 126.4 million XRP coins.
This is a fiat equivalent of $184,053,194 as per today’s XRP price of $1.46 per token.
The main participants in the aforementioned XRP transfers are Bitfinex, Binance and the crypto custody platform BitGo, which is about to be purchased by Mike Novogratz’s Galaxy Digital.
BitGo has sent 21 million XRP to the Bitfinex exchange, while Binance transferred a whopping 73,378,656 XRP ($106,280,559) to BitGo.
Both transactions took place three hours ago.A 10-million XRP transfer was also noticed from the BitGo custodial wallet to Bitstamp – a Europe-based crypto exchange and a local ODL platform for Ripple.
Meanwhile, Ripple moved another 4 million XRP to the Huobi digital exchange located in China. Source (https://cryptonews.net/670050/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)