Ripple Corridor Archives - Times Tabloid https://timestabloid.com/tag/ripple-corridor/ Cryptocurrency and Blockchain Tabs Sat, 02 Apr 2022 16:05:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://timestabloid.com/wp-content/uploads/2021/08/cropped-Times-Tabloid-Favicon-32x32.png Ripple Corridor Archives - Times Tabloid https://timestabloid.com/tag/ripple-corridor/ 32 32 Ripple and Exchanges Moved $313 Million XRP, As 800 Million XRP Is Locked Back in Escrow https://timestabloid.com/ripple-and-exchanges-moved-313-million-xrp-as-800-million-xrp-is-locked-back-in-escrow/ Sat, 02 Apr 2022 16:05:27 +0000 https://timestabloid.com/?p=4939 According to Whale Alert, the tracker of large transactions of cryptocurrencies, the massive movements of XRP between crypto exchanges remain active. Also, Ripple, the major distributor of XRP, has locked the remaining 800 million of the funds released on 1st April back in escrow. Ripple and Exchanges Move 313.1 Million XRP Whale Alert recently tracked […]

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]]> According to Whale Alert, the tracker of large transactions of cryptocurrencies, the massive movements of XRP between crypto exchanges remain active. Also, Ripple, the major distributor of XRP, has locked the remaining 800 million of the funds released on 1st April back in escrow.

Ripple and Exchanges Move 313.1 Million XRP

Whale Alert recently tracked and reported seven transactions that were carrying a total of 313.1 million XRP.

Read Also: Ripple’s Request for Extra Time Regarding Redacted Documents Has Been Granted

This whopping sum of XRP was moved between top crypto exchanges, including the US-based Bittrex. Binance, Coinone, and Bitstamp.

Ripple, the San Francisco-based cross-border payment firm, shifted 75 million XRP between its internal wallets and transferred 30 million XRP to its On-Demand Liquidity (ODL) corridor in the Philippines (Coins.ph). Mexico-based Bitso, another Ripple corridor, also received 40 million XRP from Bittrex exchange and shifted 35.5 million coins internally.

At the time of press, XRP, the 7th largest cryptocurrency by market cap, is trading at $0.8304, with a 0.23% price upsurge in the last 24 hours, according to CoinMarketCap.

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The post Ripple and Exchanges Moved $313 Million XRP, As 800 Million XRP Is Locked Back in Escrow appeared first on Times Tabloid.

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