In the last 24 hours, Whale Alert has noticed about a dozen crypto transactions that have moved a massive 160 million XRP between the world’s top exchanges with the Ripple Giant.
Close to $270 million in XRP moved
In the last 24 hours, a total of 160 million XRP tokens have moved, according to Twitter Whale Alert – the blockchain service that tracks large encryption transactions from some coins including XRP.
At the current $1,68 currency rate, as per CoinMarketCap, this represents $268,867,958. In fiat.
The participating exchanges include: Binance, with a total of 61 million tokens being moved between its wallets and 20 million to Huobi, Bifinex (44 million to shift), Coinbase (7,1 million to shift to the other wallets), Bitvavo (12 million to Huobi), Bitrue and Bittamp.
In total, 3.4 million XRPs were transferred to the Huobi exchange, from Ripple’s RL18-VN wallet.
Interest in XRP seems to resume as Ripple gradually succeeds against SEC
As U.Today reported earlier this month, the Ripple blockchain giant won a number of legal wins, both from SEC and from its leading investor Tetragon, who tried to withdraw its investment of $200 million from 2019.
The court has approved that the private financial records of Brad Garlinghouse and Christopher Larsen, the current and former CEOs, of the two most prominent management companies, must not be disclosed.
These two defendants also submitted motions for the dismissal of the SEC proceedings against them.
With this in mind, XRP has risen prices, which have recently come close to $2. Moreover, Crypto Twitter is increasingly tracting the #relist XRP campaign
XRP activist accuses Ripple CTO of suppressing XRP price
In a latest Twitter thread, David Schwartz, currently Chief Technology Officer of Ripple said that holding large quantities of crypto is no use just for holding if you have difficulty covering essential spending.
He thinks that they don’t want to sell it “immoral or egotistic.” In the next tweet, Schwartz clarified that he did not advise financially but merely called on users to consider chances and risks rationally
XRP user Anonymous XRP accused Schwartz of “deleting tweets from XRP prices.”