Whale Alert continues to keep tabs on these large XRP movements.
Less than 48 hours after Whale Alert reported the movement of over 410 million XRP coins, the whale tracking service has observed yet another transfer of 375,021,363 (375.02 million) Ripple coins. The funds mostly flowed among Ripple, popular cryptocurrency exchanges, and anonymous wallets.
According to Whale Alert, the first transaction occurred on August 9, 2022, at 16:16 UTC. Per blockchain data, a total of 75 million XRP, worth $27.68 million, were sent from leading cryptocurrency exchange FTX to an unknown address.
? ? 75,000,000 XNUMX XNUMX #XRP (27,678,232 АКШ доллары) чейин которулду #FTX капчыгына белгисизhttps://t.co/MdlJkS1Z8M
- Уол Alert (@whale_alert) August 9, 2022
Ripple’s Involvement in Large XRP Transfer
A few hours later, Whale Alert tracked another 75 million XRP, valued at around $27.85 million, sent from Ripple wallet to an unknown address.
? ? 75,000,000 XNUMX XNUMX #XRP (27,847,586 USD) белгисиз капчыктан быдыр которулганhttps://t.co/2jet8wIVNF
- Уол Alert (@whale_alert) August 9, 2022
Ripple has recently been involved in these large XRP movements since the beginning of this month. Understandably, Ripple’s involvement in large XRP transactions could be related to a spike in On-Demand Liquidity (ODL) demand.
Recall that Ripple reported a 9x surge in ODL demands on YoY, which prompted the blockchain company to экинчилик рыноктордон XRP сатып алуу to service these clients.
More Recent XRP Transfers
Aside from the Ripple transaction, 30 million XRP ($10.89 million) moved from an unknown wallet to Bitso exchange, a member of Ripple’s ecosystem.
? 30,000,000 #XRP (10,890,198 АКШ доллары) белгисиз чейин капчыкты которулган #Bitsohttps://t.co/w3ElNDkKhc
- Уол Alert (@whale_alert) August 10, 2022
As expected, the Bitstamp exchange was also involved in the latest series of large XRP movements. Per Whale Alert, 60 million XRP worth $21.78 million at the time of the transaction were sent from an unknown wallet to Bitstamp.
? ? 60,000,000 XNUMX XNUMX #XRP (21,780,395 АКШ доллары) белгисиз чейин капчыкты которулган #Bitstamphttps://t.co/wXfOXQ2eQy
- Уол Alert (@whale_alert) August 10, 2022
Bitstamp was also involved in another XRP transfer. This time, 45,721,363 Ripple coins ($16.64 million) were sent from the exchange to an unknown wallet.
? 45,721,363 #XRP (16,637,327 АКШ доллары) чейин которулду #Bitstamp капчыгына белгисизhttps://t.co/okB5DJTax8
- Уол Alert (@whale_alert) August 10, 2022
Lastly, 59.3 million XRP coins were also moved from the Bitso exchange to an unknown wallet.
? ? 59,300,000 XNUMX XNUMX #XRP (21,739,687 АКШ доллары) чейин которулду #Bitso капчыгына белгисизhttps://t.co/qreWAzBMHn
- Уол Alert (@whale_alert) August 10, 2022
- Жарнама -
Source: https://thecryptobasic.com/2022/08/10/xrp-shuffling-continue-375-million-xrp-moved-around-ripple-exchanges-and-unknown-wallets/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-shuffling-continue-375-million-xrp-moved-around-ripple-exchanges-and-unknown-wallets