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103.5 Million XRP Kicked to Binance by Anon Crypto Whales

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Thu, 23/09/2021 - 14:46
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103.5 Million XRP Kicked to Binance by Anon Crypto Whales
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Whale Alert platform has spread the word that, in the past day, it noticed 103.5 million XRP coins shoveled to the Binance exchange from anonymous crypto addresses. Data provided by the Bithomp analytics platform shows that the transactions were made from other large trading venues.

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Two transactions were detected, carrying 40 million XRP from Huobi to Binance and 63.2 million sent by Bybit exchange to Binance.

The transaction fee for the first transfer was 0.05 XRP and 0.000012 XRP for the second one.

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Image via Whale Alert

On Sept. 22, Ripple was spotted moving 20 million coins to Bitso, the Mexico-based exchange and Ripple's ODL partner in the Latin America region. The transfer was made from one of Ripple's alternative wallets used for moving XRP beyond Ripple—to its customers and partners—RL18-VN.

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Twelve million coins were sent from Bittrex exchange to Upbit.

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Over the past few days, XRP has been trading in the $0.90 range. The token has managed to recover this area after falling to the $0.89 level three times after the drop from the $1.07 mark on Sept. 19, according to CoinMarketCap.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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