According to Whale Alert, they noticed 103.5 million XRP transferred to Binance from anonymous crypto addresses yesterday. Trades are made from other large trading venues.
103.5 million XRP kicked to Binance by anon crypto whales
Two transactions were detected, bringing 40 million XRP from Huobi to Binance and 63.2 million sent using the Bybit exchange to Binance. The transaction fee for the first transfer is 0.05 XRP and 0.000012 XRP for the second transfer.
Source: Whale Alert
On September 22, Ripple was also found to have transferred 20 million XRP to Bitso, the Mexico-based exchange, and Ripple’s ODL partner in the Latin American region. The transfer was made from Ripple’s alternative wallets used to move XRP outside of Ripple – to its customers and partners – RL18-VN.
XRP/USD 4-hour chart | Source: TradingView
For the past few days, XRP has been trading at $0.9945. The token managed to recover from this area after falling to $0.89 three times after falling from $1.07 on September 19.
Read more:
- The SEC Stated That They Don’t Oppose Ripple Motion To Seal Certain Portions Of Objections
- XRP Price Looks Unfazed By The SEC’s Recent Win In The Ongoing Lawsuit Against Ripple