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XRP Whales Have Moved Over 1.6 Billion Coins in the Last 24 Hours

According to Whale Alert and XRP analytics platform Bithomp, over the past 24 hours, several top-tier digital exchanges and anon crypto addresses have transferred a jaw-dropping 1.686 billion XRP coins.

This is the second consecutive day when the aforementioned crypto tracking platform has detected over billion XRP coins transferred by big crypto market players.

Read Also: Almost Half a Billion XRP worth $336 Million Moved by Ripple, Whales and ODL Platforms

At the time of press, XRP, ranked 7 on CoinMarketCap, is changing hands at $0.94, struggling to recover the $1 zone that it briefly reached on 23rd December.

Over 1 Billion XRP Moved

Whale Alert reported about 24 XRP transfers that carried a total of 1.68 billion coins from various digital exchanges. According to Bithomp, some of these XRP lumps were moved by anonymous digital wallets.

One of the transfers was made by the top Korean exchange Bithumb (103,000,020 XRP, worth $100 million).

Read Also: Crypto Whale Moves $150 Million Worth Of XRP from Binance to an Unknown Wallet

225,110,200 XRP was shifted between wallets tagged as “unknown”. That is the equivalent of $217,828,270.

1.6 billion XRP moved in massive lumps

A transfer, carrying the same amount of crypto – 225,110,160 XRP – was also made by an anonymous wallet to the Binance exchange. Binance then shifted 225,117,280 XRP to another anonymous wallet, however, Bithomp service revealed that it was an internal move of crypto by the CZ-governed exchange.

The other XRP transfers were made by FTX exchange, Bitfinex, again Binance (acting both as sender and receiver), Bitstamp, Coinone, and Bittrex.

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Read Also: Someone Abnormally Transferred 60 Million XRP between Wallets of Various Exchanges

Several transactions worth over 60 million, 79 million, and 95 million XRP were made between anonymous wallets.

XRP Whales Have Moved Over 1.6 Billion Over the Past 24 Hours


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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