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126.5 Million XRP Sent to Ripple's ODL Bitso and Some Major Exchanges

Fri, 03/25/2022 - 11:50
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Yuri Molchan
Ripple's ODL corridor in Mexico and wallets on a few other top exchanges have received 126.5 million XRP
126.5 Million XRP Sent to Ripple's ODL Bitso and Some Major Exchanges
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Investors have made several hefty transactions between their wallets, moving almost 130 million of Ripple-affiliated XRP tokens to major digital exchanges, according to Whale Alert.

126.5 million XRP on the move

The aforementioned cryptocurrency tracker has tweeted that in the last 15 hours, an astounding amount of XRP tokens has been shoveled by crypto whales as they moved their XRP mostly from Bittrex to Bitstamp, Bitso and so on.

Whale Alert spotted five transactions, carrying a comprised $105,840,893 worth of XRP—126.5 million tokens. These funds were shifted in lumps of 13,601,064; 30,000,000; 40,000,000; 22,300,000 and 20,260,426 XRP.

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From that amount, 70 million were sent from the U.S.-based Bittrex platform to Bitso and Bitstamp. The latter has already resumed XRP trading after suspending it in January 2021 after the SEC started a legal action against Ripple and its two highest-ranking executives, Chris Larsen and Bradley Garlinghouse.

Bitso also shifted 22,300,000, moving it between its own wallets. This Mexico-based cryptocurrency unicorn received an undisclosed investment from Ripple Labs in the fall 2019 and is one of the ODL corridors now, along with Bitstamp.

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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