Almost 400 Million XRP Shifted by FTX, Binance and Other Top Crypto Platforms

AnalysisAlmost 400 Million XRP Shifted by FTX, Binance and...



Yuri Molchan

FTX, Ripple’s partner Bitso, Binance and other leading digital exchanges have transferred a close to 400 million XRP coins

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

As reported by XRP-focused tracker XRPL Monitor, in the past twenty hours, a staggering amount of nearly 400 million XRP has been pushed on the blockchain by several most popular exchanges and anonymous wallets.

Several large chunks of XRP (ranked 7 by CoinMarketCap at press-time), carrying from 10 million to 40 million coins have been spotted by the aforementioned XRP tracking bot.

Among the senders and receivers were world’s top exchanges Binance, FTX, Bittrex, Ripple’s ODL partner in Latin America region Bitso, etc. Besides, several anonymous wallets were involved in these numerous transactions – over a dozen of them.

XRP_400million_00hjknm89nmRipple
Image via Twitter

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As of this writing, XRP is changing hands at $0.6205, demonstrating a drop by 1.28 percent over the past twenty-four hours.



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