Yuri Molchan

Cryptocurrency tracker Whale Alert has shared data about several eye-popping XRP transfers in which more than 600 million coins have been moved by the Huobi giant


  • Huobi wires almost $279 million, Coinbase shifts 10 million XRP
  • XRP surges to $0.51 as ETH and BTC hit new all-time highs

Whale Alert has detected that, over the past 17 hours, Huobi crypto trading giant and large cryptocurrency owner has shifted a mammoth-sized amount of crypto: 610 million XRP tokens.

In fiat, this represents $278,594,530.

Huobi wires almost $279 million, Coinbase shifts 10 million XRP

According to data presented to the community by Whale Alert crypto tracker, in the last 17 hours, China-based Huobi exchange has wired approximately 600 million XRP tokens (around $273 million) in three transactions.

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The transfers carrying 100 million, 200 million and 300 million XRP were conducted between the internal wallets of the exchange, possibly between hot and cold storage vaults.

In a separate tweet, Whale Alert also noted that a crypto wallet with an anonymous owner had sent 10 million XRP to Binance. According to data from Bythomp analytics provider, the sender was Coinbase exchange.

XRP 6392_12

Image via Twitter

XRP surges to $0.51 as ETH and BTC hit new all-time highs

After holding at the $0.46 mark on Tuesday, XRP token has now managed to rise to the $0.53 level and, at press time, is trading at $0.51, according to data shared by CoinMarketCap.

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XRP 6392

Image via CoinMarketCap

So far, XRP has made it back into the top five, having reclaimed fifth place from Polkadot (DOT).

Recently, XRP has risen from the $0.37 price mark up to the present level as Bitcoin and Ethereum have been growing in price: Ethereum has surged from the $1,524 area to yesterday’s all-time high of $1,800.

As for the flagship cryptocurrency, Bitcoin has scored two consecutive all-time highs since Monday, Feb. 8: $44,000 and $48,000.

Both ATHs were driven by Tesla’s announcement about allocating almost ten percent of its cash reserved, an eye-popping $1.5 billion, into Bitcoin.

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610 Million XRP Transferred by Huobi Giant While XRP Rises to $0.51

by Alex Dovbnya
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