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Ripple Top Crypto Platforms Move 104.7 Million XRP As XRP Rises 10%

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Fri, 04/30/2021 - 07:49
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Yuri Molchan
Several major XRP transfers have been detected by blockchain giant Ripple, its European ODL corridor and several other major crypto exchanges from China to the US
Ripple Top Crypto Platforms Move 104.7 Million XRP As XRP Rises 10%
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A total of 104.7 million XRP has been transferred by leading blockchain company Ripple and top-tier crypto exchanges Binance, Huobi and others.

Meanwhile, in the past 24 hours, XRP has surged over 10 percent due to the recent Ripple announcement.

$164 million XRP shifted

Data provided by DLT tracker Whale Alert shows that, in the past 20 hours, the Ripple crypto heavyweight, along with Bitstamp, BitGo and a few other large crypto platforms, have shifted 97.1 million XRP coins.

The total equivalent of the transferred XRP amount is $163,792,605 in fiat.

Ripple has sent 15.2 million XRP to the largest crypto exchange in China, Huobi, via its RL18-VN wallet.

Another 10 million XRP were moved by the blockchain decacorn to one of its internal wallets, RL43-EE, likely sending it further on later.

A total of 20 million XRP were moved by Bittrex to the South Korea-based crypto exchange Upbit. Ripple ODL corridor Bitstamp has exchanged 44.5 million XRP coins with custodial service BitGo.

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Related
Ripple Will Go Public After SEC Lawsuit: SBI CEO

XRP sees 10 percent rise

After SBI Group CEO Yoshitaka Kitao recently said that Ripple cofounder Chris Larsen intends to launch the company's IPO after the legal suit with the SEC is regulated, the fourth-largest cryptocurrency XRP has seen a 10 percent rise.

As of press time, XRP is changing hands at $1.57, as per data provided by the CoinMarketCap platform.

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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.