Ripple Spotted Moving 500 Million XRP Tokens Over 13 Hours

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• Ripple was observed to move massive amounts of XRP tokens.
• XRP price increased from $0.33 levels to $0.35 levels.
• 500M XRP tokens were moved to and from Binance, Ripple, Bitstamp, and other unknown addresses.

Twitter blockchain tracking account Whale Alert’s recent tweets shared that over the last 13 hours, fintech giant Ripple was spotted moving a massive number of XRP tokens.

According to the tweets, almost 500 million XRP coins were moved, driving the XRP token value to rise significantly. Over the last 24 hours, more than a 4% increase has been observed in the price of XRP, at the time of writing.

The transfer was carried out in six major chunks, including the two biggest shares of 214,000,000 XRP worth $73,525,151 USD, and 100,000,000 XRP estimated at $34,004,188 USD.

The post Ripple Spotted Moving 500 Million XRP Tokens Over 13 Hours appeared first on Coin Edition.

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