Ripple Sent 178,103,677 XRP (39,496,930 USD) To Bitstamp Exchange

[bitcoinisking]

Ripple, the decacorn startup based in San Francisco, which owns more than half of all XRP in existence, sent the XRP to unknown wallets in two separate transactions. The first transfer happened on Wednesday, with the second coming through two days later.

In response to the above tweet from Whale Alert, crypto community connected the transfer to the Luxembourg-based crypto exchange Bitstamp.

https://azcoinnews.com/ripple-sent-178103677-xrp-39496930-usd-to-bitstamp-exchange.html

[XRP_to_20dollars]

1 hour ago, bitcoinisking said:

Ripple, the decacorn startup based in San Francisco, which owns more than half of all XRP in existence, sent the XRP to unknown wallets in two separate transactions. The first transfer happened on Wednesday, with the second coming through two days later.

In response to the above tweet from Whale Alert, crypto community connected the transfer to the Luxembourg-based crypto exchange Bitstamp.

https://azcoinnews.com/ripple-sent-178103677-xrp-39496930-usd-to-bitstamp-exchange.html

Interesting. Almost certainly for Bitstamp to become an ODL exchange. 

Would love to know the price of the OTC transaction. Also probably explains the negative price action past few days. 

Overall encouraging though. 

[ZeeperCreeper]

1 hour ago, XRP_to_20dollars said:

Interesting. Almost certainly for Bitstamp to become an ODL exchange. 

Bitstamp is already an ODL exchange.