Ripple and Binance crypto giants have moved 100 million XRP tokens, according to the recent on-chain data
According to the DLT data shared by Whale Alert, several large XRP stashes have been transferred over the past twenty hours by Ripple and Binance crypto exchange.
The total amount of the wired crypto equals 100 million XRP tokens. As of this writing, the 6-ranked XRP is changing hands at $1.08.
Ripple involved in transferring 100 million XRP
Popular blockchain tracker Whale Alert has tweeted that over the past twenty hours, an astounding $108,241,261 worth of XRP was moved by Ripple and Binance exchange.
The San-Francisco-based crypto decacorn shoveled 40 million XRP to its RL18-VN wallet and to Bitso exchange. The former is often used by the company for distributing XRP beyond Ripple and the latter is Ripple’s ODL partner in Mexico and Latin America.
Earlier this year, Bitso managed to raise over $1 billion in funding, which made the exchange the first crypto unicorn in Latin America.
Binance moved a total of 60 million XRP to Bitgo and other exchanges.
SBI-owned TAOTAO to list XRP
As reported by U.Today earlier, Japanese crypto exchange TAOTAO that merged with SBI VC Trade earlier in September (an exchange that belongs to the SBI Group financial behemoth) announced that it plans to start trading XRP on September 22. The process will commence after 16.00 local time, when the maintenance is finished.
TAOTAO also offer trading pairs based on four top crypto coins – Bitcoin, Litecoin, Ethereum and Bitcoin Cash.