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Millions of XRP Moved to Bitstamp as XRP Becomes Most Popular Smart Contract

Thu, 12/22/2022 - 15:32
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Yuri Molchan
Anon wallet sent tens of millions of USD in XRP to Bitstamp
Millions of XRP Moved to Bitstamp as XRP Becomes Most Popular Smart Contract
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According to a tweet released by top-line crypto tracker Whale Alert, slightly over 13 hours ago, a massive amount of Ripple-affiliated XRP tokens was transferred from an unknown wallet to Bitstamp exchange.

Meanwhile, XRP wrapped on BSC has become popular with local whales and entered the list of top-used smart contracts.

Whale Alert reported that a single lump of 45,000,000 XRP was transferred to a wallet that belongs to Bitstamp. This is equated to $15,596,743.

Data from XRP-centered explorer Bithomp shows that this XRP lump was moved from major U.S.-based exchange Bittrex. Still, whales have been accumulating XRP heavily as of late.

As reported by U.Today earlier, wallets holding between 1 million and 10 million XRP have been adding XRP to their stashes actively at the end of this year. The number of these heavily accumulating addresses has reached a total of 1,617, according to data shared by Santiment. They together now hold 7.23% of the total supply that is circulating out there. Both values are all-time highs.

Thus, together, they are holding 56.28 million XRP tokens.

Ex-Ripple Director Says XRP Ledger Smart Contracts in Development

Over the past 24 hours, the price of the aforementioned coin went up by 2.7%, hitting $0.34793. By now, however, XRP has seen a slight drop, going down to the $0.34205 level on the Bitstamp exchange.

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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