FTX, Ripple Partner Bitso, Binance and Other Major Digital Exchanges Transfer Nearly 400 Million XRP Coins
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As reported by XRP-focused tracker XRPL Monitor, a staggering amount of nearly 400 million XRP has been pushed onto the blockchain by several of the most popular exchanges and anonymous wallets in the past twenty hours.
Several large chunks of XRP (ranked 7th by CoinMarketCap at press-time), ranging from 10 million to 40 million coins, have been spotted by the aforementioned XRP tracking bot.
The world’s top exchanges among senders and recipients were Binance, FTX, Bittrex, Ripple’s ODL partner in Latin America region Bitso, etc. In addition, several anonymous wallets were involved in many of these transactions – more than a dozen of them.
At the time of writing, XRP is changing hands at $0.6205, indicating a decline of 1.28 percent over the past twenty-four hours.