Major global exchanges slightly exceeded 309 million XRP in the last two days of 2021
- 309 million XRP launched by major trading platforms
- Ripple summarizes the results of 2021
Whale Alert has detected several large XRP transactions in the past seven hours. One of them carried a staggering single piece of 177,149,700 pieces.
309 million XRP launched by major trading platforms
The funds were transferred internally by the main South Korea-based exchange, Bithumb, between Gopax and FTX. The largest transfer of over 177 million XRP was made between anonymous wallets, according to analytics provider Bithomp XRP.
As reported by U.Today earlier this month, the major exchanges, along with tech giant Ripple, have transferred a total of more than 1.1 billion XRP for two consecutive days.
Meanwhile, recently, XRP users have withdrawn large amounts of Ripple affiliate tokens from crypto exchanges, while an increase in XRP flows to the exchanges has been noticed.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 177 149 701 #XRP ($ 151,262,681) transferred from unknown wallet to unknown wallet https://t.co/fno14RmMex
– Whale alert (@whale_alert) December 31, 2021
Ripple summarizes the results of 2021
Despite the legal war launched by the SEC against Ripple a year ago, company CEO Brad Garlinghouse believes 2021 has been the strongest year for Ripple. This year, XRP-based ODL payments accounted for 25% of the USD volume on RippleNet. In addition, transactions made with the help of ODL have increased by 25% compared to the third quarter of last year and by 130% in QoQ, according to the CEO’s tweet.
As for the trial itself, Ripple believes it will be completed in 2022.