Almost half a billion XRP transferred by major crypto platforms, while XRP drops to $0.76
Popular crypto tracker Whale Alert has detected four “heavy” transfers of XRP made by major crypto exchanges in the past 15 hours.
Half of that amount was moved in a single motion. Meanwhile, the eighth-largest cryptocurrency, XRP, has shown a slight decline, now trading in the $0.7 range, as per CoinMarketCap.
The price drop came after the SEC’s recent ruling against Ripple Labs in court.
Top-tier exchanges shift 439.7 million XRP
Four transactions carrying large amounts of XRP have been noted by the blockchain tracking platform, with major global exchanges participating in the transfers.
However, these crypto transfers were made between internal exchange wallets: CoinOne, Bithumb, etc. from South Korea. The biggest single transaction is for a staggering 249,999,980 XRP, the equivalent of $ 188,604,850.
The smallest transfer was made by major South Korean exchange Bithumb: 20 million XRP. The other two wires moved 70,000,000 and 99,766,000.
The total amount of lagged crypto today is $ 356,498,874 in fiat.
