Original article based on tweet

Ripple’s EUR ODL Corridor Wires 143 Mln XRP, Ripple Sends Another Stash Later

The ODL corridor Bitstamp has moved a gargantuan amount of XRP, with Ripple sending more afterwards. Meanwhile, the XRP Liquidity Index value has come close to a new ATH

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Thu, 28/05/2020 - 10:15

Ripple’s EUR ODL Corridor Wires 143 Mln XRP, Ripple Sends Another Stash Later

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The XRPL Monitor bot has noticed several gargantuan fund transfers over the past twenty hours. The biggest of them was made by Ripple’s ODL corridor BitStamp – 143 mln XRP.

Ripple itself also wired a substantial amount of its cryptocurrency. All in all, the amount of transferred XRP, considering other transactions, totals 188 mln XRP.

Bitstamp wires almost 143 mln XRP, Ripple sends more XRP

According to data shared by XRPL Monitor, around twenty hours ago, the XRP/EUR ODL corridor running on the Luxembourg-based Bitstamp exchange wired 143 mln XRP. That is $28,070,835.

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Transaction Type: Payment
Amount: 119,999,900 XRP
Fee: 10 drops (0.00001 XRP)
Sender: rKUy1Ew9VrA8YNm5ArgKup2E6iAwE1iMyC
Sender Balance: 28,791,566.954323
Receiver: r48vdi2bCvEgKiGBby5adQwmxL4sEgSrXh
Receiver Balance: 179,690,020.000846
Link: https://t.co/0o3QAkPhXh

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— XRPL Monitor (@XRPL_Monitor) May 27, 2020

Transaction Type: Payment
Amount: 23,000,000 XRP
Fee: 10 drops (0.00001 XRP)
Sender: rJYN9HpJrr2g1Krwjmdsuy53SLh52XuHv2
Sender Balance: 151,103,718.77585
Receiver: rM8u1fULBaRTA2KkdEgKhduvJQ4dMxnv46
Receiver Balance: 32,577,438.679147
Link: https://t.co/dg8NK4Fn3W
— XRPL Monitor (@XRPL_Monitor) May 27, 2020

A while after that, the blockchain decacorn Ripple, with headquarters in San-Francisco, made three transfers of 10 mln XRP each. In total, 30 mln XRP equals $5,869,682.

10 mln XRP of this was sent to Bitstamp.

Wed, 05/27/2020 - 08:19

Ripple and Its Largest ODL Corridor Help Move 69.7 Mln XRP

The XRP Liquidity Indexes come close to new ATHs

The Twitter bot reports that the XRP liquidity values in some of the ODL corridors have come close enough to exceeding the current all-time highs and reaching new ones.

The current figure of the liquidity index on the XRP/AUD corridor on the BTC Markets venue totals 13,547,345 versus the present ATH of 14,427,181.

The liquidity index of XRP on the Mexican Bitso corridor (XRP/MXN) is now sitting at the 31,930,454 level versus the present all-time high of 33,537,077.

Liquidity Index for Bitso XRP/MXN (28-day moving trend)
Day progress: 29%
Today so far: 31,930,454
All Time High: 33,537,077
Data: https://t.co/v07j0Xh3s1 pic.twitter.com/9iIPxbja7w
— Liquidity Index Bot (@LiquidityB) May 28, 2020

#Ripple News #Cryptocurrency exchange

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He 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.