📢 184 Million XRP in 24 Hours – What’s Happening? 🤔🤔🤔🤔
📌 Two major cryptocurrency exchanges have witnessed staggering XRP withdrawals in past 24 hours.
According to data shared by cryptocurrency tracker Whale Alert, which monitors large crypto transfers within the blockchain space and shares their details on social media, over the last 24 hours, an equivalent of $111.8 million in XRP coin was withdrawn from two major exchanges. Among those transfers were millions of XRP, which were sent to Bitso and Bitstamp.
📌 184.2 million XRP getting shoveled Whale Alert detected eight transfers moving hefty amounts of XRP. The smallest of them was worth 19,000,000 XRP (the equivalent of $10,961,925). The two largest ones carried 26,000,000 and 26,287,782 XRP. The other carried between 21 million and 23 million XRP coins. The overall amount of XRP that was moved totaled 184.2 million, evaluated at almost $112 million in fiat.
Among these massive transfers, 21,040,000 XRP were deposited into the cryptocurrency unicorn and the leading exchange in Latin America, Bitso. A total of 22,685,000 XRP was transferred to Bitstamp. Additional data shared by Bithomp shows that these two XRP chunks were deposited from Ripple-linked wallets as part of regular efforts to support the Ripple Payments project formerly known as On-Demand Liquidity (ODL). Earlier this week, Whale Alert also reported a stunning 150 million XRP transaction from a Ripple wallet to an unknown blockchain address. That enormous transfer raised the eyebrows of many within the XRP community, triggering questions as to the destination of this mammoth-sized transaction.
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