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Almost 400 Million XRP Shifted by FTX, Binance and Other Top Crypto Platforms

News
Sat, 04/30/2022 - 10:57
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Yuri Molchan
FTX, Ripple’s partner Bitso, Binance and other leading digital exchanges have transferred a close to 400 million XRP coins
Almost 400 Million XRP Shifted by FTX, Binance and Other Top Crypto Platforms
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As reported by XRP-focused tracker XRPL Monitor, in the past twenty hours, a staggering amount of nearly 400 million XRP has been pushed on the blockchain by several most popular exchanges and anonymous wallets.

Several large chunks of XRP (ranked 7 by CoinMarketCap at press-time), carrying from 10 million to 40 million coins have been spotted by the aforementioned XRP tracking bot.

Among the senders and receivers were world’s top exchanges Binance, FTX, Bittrex, Ripple’s ODL partner in Latin America region Bitso, etc. Besides, several anonymous wallets were involved in these numerous transactions – over a dozen of them.

XRP_400million_00hjknm89nmRipple
Image via Twitter

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Ripple Is Operating as if It Has Already Lost, Says CEO Brad Garlinghouse

As of this writing, XRP is changing hands at $0.6205, demonstrating a drop by 1.28 percent over the past twenty-four hours.

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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.