Whale Alert: Hundreds of Millions of Ripples Have Been Discharged to Binance!

The Whale Alert platform announced the other day that it noticed the transfer of 103.5 million Ripple (XRP) from anonymous crypto addresses to the Binance exchange. cryptocoin.com As we reported, the data provided by the Bithomp analytics platform shows that transactions are made from other major trading centers.

Two large-volume Ripple transfer transactions detected

Two transactions were detected carrying 40 million XRP from Huobi to Binance and 63.2 million XRP sent by Bybit exchange to Binance. The transaction fee was 0.05 XRP for the first transfer and 0.000012 XRP for the second.

Source: Whale Alert

On September 22, Ripple was seen carrying 20 million tokens to Bitso, the Mexico-based exchange and Ripple’s ODL partner in the Latin America region. The transfer was made from one of Ripple’s alternative wallets (to its customers and partners) used to move XRP beyond Ripple, RL18-VN. Twelve million tokens were sent to Upbit from the Bittrex exchange.

For the past few days, XRP has been trading in the $0.90-1.00 range. According to data from CoinMarketCap, the token tested $0.89 three times after falling from $1.07 on September 19, and was trading at $0.98 at the time of writing, up 3.35% in the last 24 hours.

Ripple
Ripple 24-hour chart / Source: CoinMarketCap

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