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120.5 Million XRP Shifted by Ripple and Large US-Based Exchanges

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Tue, 05/18/2021 - 08:27
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Yuri Molchan
Ripple DLT giant and two major crypto exchanges based in the US have moved over 120 million XRP
120.5 Million XRP Shifted by Ripple and Large US-Based Exchanges
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Recently published blockchain data shows that, over the past 15 hours, a massive sum of XRP has been transferred by Ripple DLT heavyweight and several top crypto exchanges.

Two of them are based in the U.S. The analytics data was shared by popular crypto tracking bot Whale Alert.

Ripple and top exchanges move 116.5 million XRP

As reported by Whale Alert, in the past 15 hours, the equivalent of $182,013,805 in the seventh-biggest coin by market cap, XRP, has been shifted by three top exchanges—Coinbase, Bittrex and Binance—and San Francisco-based Ripple Labs.

Coinbase has sent the biggest batch of XRP, moving 62 million coins between its wallets around six hours ago.

The next biggest transaction was Binance receiving 29.5 million XRP. Also, the Seattle-based Bittrex trading platform wired 25 million to the Upbit exchange.

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Related
Ripple Keeps Sending XRP to Huobi, Wiring 110 Million with Other Top Exchanges

Ripple sends another XRP batch to Huobi

The Ripple fintech monster has wired yet another lump of XRP (four million tokens) to the biggest exchange in China by volume, Huobi, according to data from Bithomp.

This week, Ripple is sending four million XRP to Huobi per day—that is $6,066,214. Last week, the worth of daily XRP transfers between these companies totaled 5.5 million tokens, or $8,341,045.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.