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72 Million XRP On the Move, Ripple Sends Part of It to Large ODL Corridor

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Sat, 17/04/2021 - 16:50
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72 Million XRP On the Move, Ripple Sends Part of It to Large ODL Corridor
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Series of tweets from Whale Alert say that in the past twenty-four hours, a total of 72 million XRP coins has been shifted by Ripple and several crypto exchanges.

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Those include Bitstamp, Coinbase, Upbit, Binance, Bitrue, BitGo, and a few others.

In particular, blockchain behemoth Ripple wired 10 million XRP to its largest ODL corridor in Latin America – Mexico-based Bitso platform. The transaction was made from the RL18-VN wallet.

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Image via Twitter

The total value of the transferred XRP constitutes a whopping $116,423,167 at the current XRP rate of $1.62 per token.

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After rising to the $1.49 level on April 11, the fourth largest digital currency by market cap made a slight drop and traded near $1.4 for a couple of days.

On April 14, it reached a $1.95 peak and at the time of writing is changing hands at $1.62, as per the data from CoinMarketCap.

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Image via 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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