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

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Sat, 04/17/2021 - 16:50
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Yuri Molchan
Data shared by major blockchain sleuth has it that Ripple, along with several other platforms, have jointly moved 72 million XRP
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.

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.

Related
Ripple to Make ODL Metrics Available for Institutions and Individual Clients

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
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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.