Whale has transferred almost 450 million XRP together with Binance and a major Korean exchange
An anonymous whale, along with significant exchanges including Binance, has moved nearly half a billion XRP in the past 14 hours.
449.3 million XRP wired by anonymous whale and Binance
There have been six major transactions, bringing in 23 and 15 million XRP, respectively. The largest transfers have amounted to 231,110,320 and 97,000,000 XRP. That amount equals $191,716,080 and $82,415,750 respectively.
According to some reports, 231.1 million were transferred between anonymous crypto addresses. Among the exchanges that also changed XRP are Binance and the leading South Korean exchange Bithumb. Previously transferred 68,000,000 XRP between its wallets. Bithumb sent three XRP warehouses carrying 97,000,000, 15,000,000, and 15,000,000 XRP in the past six hours.
Source: Whale Alert
At the time of writing, it’s not clear why whales move coins, but this event took place during a bear market, XPP price is changing hands at $0.8366.
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Read more:
- Ripple And Two Top-Tier Exchanges Have Transferred 265 Million XRP
- Nearly 720 Million XRP Has Been Shifted By Ripple, Binance, And The Major ODL Corridors