XRP Surged to $0.47, While Top Exchanges Moved Almost 100 Million XRP

Mon, 02/08/2021 - 15:39

Crypto tracking bot Whale Alert has detected several major XRP transfers, while the coin briefly rose to the $0.47 level and then reversed

XRP Surged to $0.47, While Top Exchanges Moved Almost 100 Million XRP

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According to data by Whale Alert, in the last 10 hours, 93.3 million XRP have been sent by two crypto exchanges—Bybit and Binance—in three transactions.

Twenty million XRP were sent from Bybit to Binance in two lumps (20 million and 53 million XRP was transferred by Bybit internally).

XRP Leaves Top 5 for First Time in Almost 7 Years. Cardano Is Now Ahead

Several hours after that, XRP soared to the $0.47 level from $0.42. As has been happening, XRP was pushed back to sixth place with Polkadot claiming its top-five position on the CoinMarketCap scale.

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About the author

Yuri Molchan

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.