Recent blockchain data shows Ripple and Binance shoveled over 200 million XRP tokens worth nearly $ 170 million
- 162 million XRP launched by crypto giants
- Ripple unlocks 1 billion XRP, locks most of it
In the past twelve hours, Whale Alert tweeted, tech giant Ripple and trading monster Binance made multiple trades to surpass $ 170 million in the eighth largest cryptocurrency XRP.
162 million XRP launched by crypto giants
Ripple has moved 40,000,000 XRP to one of its additional wallets titled RL18-VN. The latter is often used for sending XRP outside the company. This equates to $ 33,057,964 in fiat at the current exchange rate of $ 0.8.
As for the Binance exchange, it has been both sender and receiver in the other four crypto transactions. A total of 122 million XRP was sent between internal Binance wallets, as well as moved between anonymous crypto addresses and the exchange.
However, Bithomp, a platform that provides analytical data on XRP, clarified that these “unknown wallets” were the Huobi exchange and another wallet owned by Binance itself. Houbi transferred 45 million XRP to Binance, and Binance transferred 118 million coins between its internal addresses.
Ripple unlocks 1 billion XRP, locks most of it
On December 1, Ripple released an incredible billion XRP into receivership. However, on the same day, 800 million coins of that mind-boggling amount were re-blocked and 200 were transferred to a Ripple wallet for further use by the company.