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Ledger Nano X - The secure hardware wallet
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Ripple Decacorn Wires 60 Mln XRP, While Binance and Other Big Players Shift Large XRP Lumps Too

29 August 2020
in XRP
Reading Time: 3 mins read
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Two jaw-dropping XRP amounts transferred by Ripple have been spotted, totalling 60 mln XRP; one of them was sent to Binance

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  • Ripple behemoth transfers $16,5 mln in XRP, Binance gets some
  • Other major XRP transfers detected

Recently Ripple decacorn has been moving large amounts of XRP to its ODL corridors and major exchanges. Now, it has transferred 60 mln XRP, sending part of it to the Binance trading platform.


Ripple behemoth transfers $16,5 mln in XRP, Binance gets some


XRPL Monitor bot has noted that over the past twenty-four hours, Ripple transferred 60 mln XRP, amounting to nearly $16.5 mln.


10 mln was sent to the top-tier Binance exchange. 50 mln was moved between Ripple wallets.


XRP

Image via Twitter

Besides, Binance also shifted around 10 mln XRP from one of its wallets to another a few hours ago.


Binance is the largest exchange by trading volume and the one that has been following a strategy of aggressive expansion. Earlier this week, Binance.US announced a launch in the sunny Florida state.


👉 MUST READ
XRP-Based XUMM Wallet Introduces Converter for Turning “Secret Numbers” into Seed Phraserelated article image


Other major XRP transfers detected


Apart from the aforementioned XRP transfers, XRPL Monitor noticed other major XRP shifts.


Major Turking crypto exchange BTCTurk has wired 13 mln XRP ($3,561,249) between its wallets.


The other large XRP transaction spotted by the Twitter bot was made by a large Singapore-based Bybit exchange. The crypto trading company send 20.2 mln XRP to Huobi.


XRP

Image via Twitter

 

article writer image

Yuri Molchan

Yuri entered the crypto sphere at the BTC price peak in 2017, quickly turning into a crypto enthusiast. He has written for several media, covering everything from TA to ICOs and crypto regulations. Presently is a news writer, working with crypto and blockchain-related topics.





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Tags: BigBinanceDecacornlargeLumpsMlnPlayersRippleShiftWiresXRP
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