Hundreds of Millions of XRP Shifted by Ripple to This Destination as Price Jumps 8%

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Hundreds of Millions of XRP Shifted by Ripple to This Destination as Price Jumps 8%
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.Ripple has shifted 510 million $XRP, here's where, as data shows. whale_alert

Ripple moves 510 million XRP

Whale Alert has spotted two large XRP transfers made over the last 24 hours. In total, nearly 510 million XRP tokens were moved — 244,500,000 XRP and 264,500,000 XRP worth $94,379,527 and $102,098,859, respectively. Details revealed by XRP-focused analytics website Bithomp have shown that the sender of both XRP chunks was crypto behemoth Ripple Labs. The destination was reserve wallets of the same crypto company as Ripple redistributed part of its XRP wealth, most likely to send these tokens further to a crypto exchange to sell them.from escrow.

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