Jump to content

115 Million XRP Moved by Ripple and Large Exchanges: Details


solodeji
 Share

Recommended Posts

Ripple, the San Francisco-based cross-border payment firm, and a couple of large crypto exchanges have moved a whopping 115.3 million XRP. As stated in the report, the fintech behemoth shifted more than 50% of the total amount.

Ripple Shifted 70 Million XRP to Its ODL Platform

A couple of hours ago, Ripple was spotted initiating two huge transfers of a total of 70 million XRP. These transactions carried 50,000,000 and 20,000,000 of the digital token XRP.

According to Bithomp, an XRP-focused data provider, one of Ripple's reserve wallets—RL18-VN—was involved in both transactions. It was the destination for 50 million XRP and, from it, 20 million coins were sent to Coins.ph, a Ripple-powered On-Demand Liquidity (ODL) platform running in the Philippines.

The rest of the aforementioned amount of XRP was sent from Bittrex to Bitstamp (30,000,000 coins) and by Coinone exchange (15,335,267 XRP). The overall sum of XRP moved by Ripple and exchanges constitutes $74.8 million in fiat.

https://timestabloid.com/115-million-xrp-moved-by-ripple-and-large-exchanges-details/

Link to comment
Share on other sites

  • Replies 1
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.