Close to 87 million XRP has been wired between crypto whales and leading exchanges

According to Whale Alert, 86.8 million XRP were transferred by significant participants in the crypto market within the past day. Ripple is also on that list.

Almost 87 million XRP moved by leading market players

Several leading digital exchanges and anonymous owners of crypto wallets transferred 86,869,518 XRP or $93,100,226 in fiat.


Source: Whale Alert

Four crypto transactions were made, bringing in between 10,000,000 XRP and 46,869,520 XRP. Ripple transferred 20,000,000 XRP from one of its alternative wallets, RL18-VN, to the Bitstamp exchange in Luxembourg.

It is worth mentioning that this cryptocurrency trading platform suspended XRP trading in January of this year after the SEC initiated a noisy lawsuit against Ripple Labs. Binance also contributed heavily to these four XRP transfers. The exchange moved two 10 million XRP transactions to the Gopax platform.

The most notable of these four transactions was 46,869,520 XRP into another anonymous crypto wallet. This is the equivalent of $50,135,910 in fiat.

At the time of writing, XRP is changing hands at $1.07, up 13% in the past seven days.

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