Friday, October 7

Over 421.21 Million XRP Tokens Were shuffled Between Exchanges Over The Past 24 Hours

Per data from the whale alert, a whooping 421,219,375 (421.21 million) XRP tokens have been shuffled between cryptocurrency exchanges and unknown wallets over the last 24 hours. At the current exchange rate, the funds were worth $379.58 million. 

As gotten from the whale alert, these transactions mainly involved Ripple’s ODL crypto exchange partners like Bitso and Bitstamp.

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The first transaction which was initiated about 16 hours ago, transacted a total of 30 million XRP coins worth $10.61 million to an address on the Bitstamp exchange from an unknown wallet.

Taking it close, another transaction which sent a total of 165 million XRP worth around $58.98 million from the FTX cryptocurrency exchange to an unknown wallet. 

An address on the Bitso exchange, a Ripple’s ODL partner, received a total of 30 million XRP ($10.73 million) from an unknown.

Not long after this, a total of 40 million worth approximately $14.35 million was sent to an address on the same Bitso from an unknown address.

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Also as gotten by Whale Alert, a whopping 40 million XRP worth $14.35 million was sent from an unknown wallet to the Bitstamp exchange. 

Another whooping 50,119,375 XRP worth $17.9 million were sent to an unknown wallet from the Bitstamp exchange.

An unknown wallet also received a whopping 66.1 million XRP coins worth almost $23.7 million.

in a nutshell, the overall transacted XRP coins amounted to 421,219,375 (421.21 million) XRP tokens worth $379.58 million over the last 24 hours.

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